Jake Lerch, The Motley Fool
Wed, June 10, 2026 astatine 9:22 AM CDT 4 min read
On June 2, 2026, Dave Inc. (NASDAQ:DAVE) Chief Financial Officer, Chief Operating Officer, and Secretary Kyle Beilman reported the merchantability of 4,122 shares of Common Stock for a transaction worth of astir $1.13 million, according to a SEC Form 4 filing.
Transaction summary
| Shares sold (direct) | 4,122 |
| Transaction value | $1.1 million |
| Post-transaction shares (direct) | 196,155 |
| Post-transaction worth (direct ownership) | ~$52.3 million |
Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($275.03).
Key questions
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How does this merchantability comparison to Beilman’s humanities insider selling cadence?
The 4,122-share merchantability falls wrong Beilman’s humanities scope of merchantability transactions, with a mean merchantability size of astir 15,387 shares and a minimum of 2,350 shares, suggesting this transaction is mean and accordant with established patterns arsenic of June 2026. -
Was determination immoderate indirect oregon derivative information successful this transaction?
No indirect entities oregon derivative securities were involved; each shares sold were from Beilman’s nonstop holdings, without engagement of trusts, LLCs, oregon option-related activity. -
What is the interaction of this merchantability connected Beilman’s ownership percent and residual exposure?
The merchantability reduced Beilman’s nonstop presumption by astir 2.06% of his pre-transaction holdings, leaving him with 196,155 straight held shares valued astatine ~$52.3 cardinal arsenic of June 2, 2026. -
Does the transaction bespeak a alteration successful Beilman’s selling strategy oregon capacity?
The transaction’s mean size is explained by the simplification successful disposable shares implicit time, with full nonstop holdings declining by 29.27% since September of past year, indicating that commercialized size is tracking with reduced capableness alternatively than a displacement successful approach.
Company overview
| Revenue (TTM) | $604.62 million |
| Net income (TTM) | $224.99 million |
| Price (as of marketplace adjacent 2026-06-02) | $275.03 |
| 1-year terms change | 27.60% |
Note: 1-year show calculated utilizing June 2nd, 2026, arsenic the notation date.
Company snapshot
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Offers a integer fiscal level including idiosyncratic concern tools (Insights), fee-free currency advances (ExtraCash), occupation exertion services (Side Hustle), and integer checking accounts (Dave Banking).
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Generates gross chiefly from work fees, fiscal merchandise offerings, and integer banking solutions targeting user currency travel management.
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Serves individuals seeking accessible, low-cost alternatives to accepted banking and short-term credit, with a absorption connected users managing income betwixt paychecks.
Dave Inc. operates astatine standard wrong the integer fiscal services sector, leveraging exertion to supply innovative banking and currency absorption solutions. The company’s integrated level differentiates itself by addressing user liquidity needs and offering value-added services without accepted banking fees. Strategic absorption connected user-centric merchandise plan and integer accessibility positions Dave Inc. competitively successful the evolving fintech landscape.

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