Dave (DAVE) CEO Wilk acquired 37,090 units
Stocks in this Quantisnow insightFinance
Insider transactions reported
Jason Wilk (Chief Executive Officer at Dave Inc., DAVE) reported that they acquired 37,090 units on Sep 11, 2026.
- Reporting person
- Wilk Jason
- Role
- Chief Executive Officer
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 11, 2026 | Other acquisition or disposition (J) | Variable Prepaid Forward Contract (obligation to sell)On 37,090 Class A Common Stock1, 2, 3 | +37,090 | - | - | 37,090 direct |
Holdings before and after
- Variable Prepaid Forward Contract (obligation to sell): 0 to 37,090 direct
Footnotes from the filing
- 1. On September 11, 2026, the Reporting Person entered into a variable prepaid forward contract with an unaffiliated counterparty. The contract obligates the Reporting Person to deliver shares of Dave Inc. (the Issuer ) Class A Common Stock or, at the Reporting Person's election subject to certain conditions, settle the contract in cash, on a settlement date on or about August 30, 2029 (the Maturity Date ). In exchange, the Reporting Person will receive an upfront cash payment of $10.9 million. The Reporting Person pledged 37,090 shares of the Issuer's Class A Common Stock (the Subject Shares ) to secure his obligations under the contract. The Reporting Person will retain all voting rights in the Subject Shares during the term of the pledge.
- 2. If the Reporting Person does not elect to settle the contract in cash, the number of shares of the Issuer's Class A Common Stock that may be delivered by the Reporting Person following the Maturity Date will generally be determined as follows: (a) if the closing price of shares of the Issuer's Class A Common Stock on the Maturity Date (the Settlement Price ) is less than $481.48 (the Maximum Price ) but greater than $319.33 (the Minimum Price ), the Reporting Person will deliver a number of shares of the Issuer's Class A Common Stock equal to the Subject Shares multiplied by a ratio equal to the Minimum Price divided by the Settlement Price;
- 3. [Continued from footnote 2] (b) if the Settlement Price is equal to or greater than the Maximum Price on the Maturity Date, the Reporting Person will deliver a number of shares of the Issuer's Class A Common Stock equal to the Subject Shares multiplied by a ratio equal to a fraction with a numerator equal to the sum of (A) the Minimum Price and (B) the excess, if any, of the Settlement Price over the Maximum Price, and a denominator equal to the Settlement Price; and (c) if the Settlement Price is equal to or less than the Minimum Price on the Maturity Date, the Reporting Person will deliver a number of shares of the Issuer's Class A Common Stock equal to the Subject Shares.
Transaction codes in this filing
- Other acquisition or disposition:
- Code J marks a transaction that fits no other code. The footnotes describe what happened.
FAQ
What did Wilk report in this DAVE Form 4?
Jason Wilk (Chief Executive Officer at Dave Inc., DAVE) reported that they acquired 37,090 units on Sep 11, 2026.
What does transaction code J mean on an SEC Form 4?
Code J marks a transaction that fits no other code. The footnotes describe what happened.
Historical context for DAVE
Across the 22 sessions after earlier DAVE headlines, the stock closed higher 13 times and lower 9 times, with a median move of 3.3% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | DAVE | SPY |
|---|---|---|---|
| Sep 15, 2026 | Analyst initiated coverage on Dave, Inc. with a new price target | +2.4% | -0.5% |
| Sep 9, 2026 | Loop Capital initiated coverage on Dave, Inc. with a new price target | -3.9% | -0.5% |
| Aug 17, 2026 | Piper Sandler initiated coverage on Dave, Inc. with a new price target | +2.1% | -0.5% |
| Aug 6, 2026 | Dave Reports Second Quarter 2026 Financial Results | -15.1% | -0.2% |
| Jul 23, 2026 | Dave to Host Second Quarter 2026 Conference Call on August 5, 2026 at 5:00 p.m. ET | -3.6% | -1.2% |
| Jul 7, 2026 | Dave Appoints Gopi Kuchimanchi as Chief Technology Officer | -3.0% | -0.5% |
Earlier insider filings at DAVE
- Sep 15, 2026SEC Form 4 filed by CFO and COO and Secretary Beilman Kyle
- Sep 14, 2026SEC Form 4 filed by Director Carroll Brendan
- Sep 9, 2026SEC Form 4 filed by Director Carroll Brendan
- Sep 4, 2026Chief Executive Officer Wilk Jason covered exercise/tax liability with 7,809 shares, decreasing direct ownership by 3% to 292,141 units (SEC Form 4) (withholding tax)
- Sep 4, 2026CFO and COO and Secretary Beilman Kyle covered exercise/tax liability with 3,748 shares, decreasing direct ownership by 2% to 192,407 units (SEC Form 4) (for tax liability)
Quantisnow market dataNASDAQ
DAVE
Dave Inc.
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Finance: Consumer Services
Get push alerts for DAVE
Full DAVE profile on Quantisnow Follow DAVE and get a push notification the moment its next story breaks.
Original source Picked up and delivered by Quantisnow in real time