Jason Wilk - 12 Sep 2025 Form 4 Insider Report for Dave Inc./DE (DAVE)

Role
Chief Executive Officer, Director
Signature
/s/ Joan Aristei as Attorney-in-Fact for Jason Wilk
Issuer symbol
DAVE
Transactions as of
12 Sep 2025
Net transactions value
-$4,210,793
Form type
4
Filing time
16 Sep 2025, 19:29:32 UTC
Previous filing
05 Sep 2025
Next filing
22 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wilk Jason Chief Executive Officer, Director C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES /s/ Joan Aristei as Attorney-in-Fact for Jason Wilk 16 Sep 2025 0001867755

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAVE Class A Common Stock Options Exercise $0 +15,359 +7.1% $0.000000 233,213 12 Sep 2025 Direct F1
transaction DAVE Class A Common Stock Sale $3,532,724 -15,359 -6.6% $230.01 217,854 12 Sep 2025 Direct F2, F3
transaction DAVE Class A Common Stock Options Exercise $0 +2,948 +1.4% $0.000000 220,802 15 Sep 2025 Direct F1
transaction DAVE Class A Common Stock Sale $678,069 -2,948 -1.3% $230.01 217,854 15 Sep 2025 Direct F2, F4
holding DAVE Class A Common Stock 47,882 12 Sep 2025 By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DAVE Class V Common Stock Options Exercise $0 -15,359 -1.1% $0.000000 1,398,723 12 Sep 2025 Class A Common Stock 15,359 Direct F1
transaction DAVE Class V Common Stock Options Exercise $0 -2,948 -0.21% $0.000000 1,395,775 15 Sep 2025 Class A Common Stock 2,948 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Shares of Class V Common Stock (i) are convertible into shares of Class A Common Stock at the option of the holders of Class V Common Stock at any time upon written notice to the Issuer on a one-for-one basis, (ii) have no expiration date and (iii) will automatically convert into shares of Class A Common Stock immediately prior to the close of business on the earliest to occur of certain events specified in the Issuer's charter.
F2 The sales reported in this row were executed pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2025.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.00 to $230.33, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.00 to $230.17, inclusive.