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Dave Inc. (DAVE) CEO granted 104,641 Class A stock units as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wilk Jason reported acquisition or exercise transactions in this Form 4 filing.

Dave Inc./DE Chief Executive Officer Jason Wilk reported equity compensation grants of Class A Common Stock, totaling 104,641 shares, on March 9, 2026. These were reported at a price of $0.0000 per share, reflecting stock-based awards rather than open-market purchases.

The awards include 13,767 restricted stock units under the Amended and Restated 2021 Equity Incentive Plan, scheduled to vest 1/8 on June 1, 2026 and 1/16 on each quarterly anniversary thereafter, subject to continued service. Performance-based restricted stock units earned for the period from January 1, 2025 to December 31, 2025 from two prior PSU awards (72,539 and 18,335 shares) will vest on June 1, 2027 and June 1, 2028, respectively, if he remains in service. Following these grants, Wilk directly holds 308,424 shares, with an additional 47,882 shares held indirectly by a trust.

Positive

  • None.

Negative

  • None.
Insider Wilk Jason
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 13,767 $0.00 --
Grant/Award Class A Common Stock 72,539 $0.00 --
Grant/Award Class A Common Stock 18,335 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 217,550 shares (Direct); Class A Common Stock — 47,882 shares (Indirect, By Trust)
Footnotes (1)
  1. Represents shares of Class A Common Stock underlying a restricted stock unit ("RSU") award granted under the Issuer's Amended and Restated 2021 Equity Incentive Plan. The RSU will vest as to 1/8 of the total number of shares on June 1, 2026 and an additional 1/16 of the total number of shares on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through each vesting date. Reflects the number of performance-based restricted stock units ("PSUs") earned, as a result of the Compensation Committee's certification to the achievement of performance for the period from January 1, 2025 to December 31, 2025, under the terms of a PSU award granted on April 17, 2024. These shares will vest on June 1, 2027, subject to the Reporting Person's continued service through such vesting date. Reflects the number of PSUs earned, as a result of the Compensation Committee's certification to the achievement of performance for the period from January 1, 2025 to December 31, 2025, under the terms of a PSU award granted on April 11, 2025. These shares will vest on June 1, 2028, subject to the Reporting Person's continued service through such vesting date.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wilk Jason
(Last) (First) (Middle)
1265 SOUTH COCHRAN AVE
(Street)
LOS ANGELES CA 90019
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dave Inc./DE [ DAVE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/09/2026 A 13,767(1) A $0 217,550 D
Class A Common Stock 03/09/2026 A 72,539(2) A $0 290,089 D
Class A Common Stock 03/09/2026 A 18,335(3) A $0 308,424 D
Class A Common Stock 47,882 I By Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of Class A Common Stock underlying a restricted stock unit ("RSU") award granted under the Issuer's Amended and Restated 2021 Equity Incentive Plan. The RSU will vest as to 1/8 of the total number of shares on June 1, 2026 and an additional 1/16 of the total number of shares on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through each vesting date.
2. Reflects the number of performance-based restricted stock units ("PSUs") earned, as a result of the Compensation Committee's certification to the achievement of performance for the period from January 1, 2025 to December 31, 2025, under the terms of a PSU award granted on April 17, 2024. These shares will vest on June 1, 2027, subject to the Reporting Person's continued service through such vesting date.
3. Reflects the number of PSUs earned, as a result of the Compensation Committee's certification to the achievement of performance for the period from January 1, 2025 to December 31, 2025, under the terms of a PSU award granted on April 11, 2025. These shares will vest on June 1, 2028, subject to the Reporting Person's continued service through such vesting date.
/s/ Joan Aristei as Attorney-in-Fact for Jason Wilk 03/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Dave Inc. (DAVE) CEO Jason Wilk report in this Form 4?

Jason Wilk reported receiving equity compensation grants totaling 104,641 shares of Class A Common Stock. These were stock-based awards at $0.0000 per share, not open-market purchases, and reflect a combination of time-based RSUs and performance-based RSUs tied to prior performance periods.

How many Dave Inc. (DAVE) shares does Jason Wilk hold after these grants?

After the reported grants, Jason Wilk directly holds 308,424 shares of Dave Inc. Class A Common Stock. In addition, 47,882 shares are held indirectly by a trust, giving him a combined reported exposure through direct and trust holdings based on this Form 4 filing.

What are the vesting terms of Jason Wilk’s new RSU award at Dave Inc. (DAVE)?

The RSU award of 13,767 shares vests 1/8 on June 1, 2026, with an additional 1/16 of the total vesting on each quarterly anniversary thereafter. All vesting is conditioned on Jason Wilk’s continued service through each applicable vesting date under the company’s equity plan.

How are the performance-based RSUs for Dave Inc. (DAVE) CEO structured in this filing?

Two performance-based RSU tranches, 72,539 and 18,335 shares, were earned after certification of performance for January 1, 2025 to December 31, 2025. These shares will vest on June 1, 2027 and June 1, 2028, respectively, subject to Jason Wilk’s continued service through each vesting date.

Did Jason Wilk buy or sell Dave Inc. (DAVE) shares on the open market in this Form 4?

No open-market buys or sells were reported. All three transactions are coded “A” for grants or awards at $0.0000 per share, indicating stock-based compensation rather than discretionary market trades, so they do not represent traditional insider buying or selling activity.

What does the trust holding mean in Jason Wilk’s Dave Inc. (DAVE) ownership?

The filing shows 47,882 Dave Inc. shares held indirectly “By Trust.” This indicates a separate trust entity holds those shares. They are reported as indirect ownership, supplementing Jason Wilk’s 308,424 directly held shares disclosed after the reported grant transactions.