Robert Izquierdo, The Motley Fool
Sat, March 14, 2026 astatine 3:41 PM CDT 4 min read
Andrea Mitchell, a subordinate of the Board of Directors astatine Dave Inc. (NASDAQ:DAVE), reported the merchantability of 30,000 shares of Common Stock successful aggregate open-market transactions connected March 5 and March 6, 2026, according to the SEC Form 4 filing.
| Shares sold (direct) | 30,000 |
| Transaction value | $6.4 million |
| Post-transaction shares (direct) | 6,509 |
| Post-transaction worth (direct ownership) | ~$1.41 million |
Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($213.03).
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How does this transaction comparison to Andrea Mitchell's humanities selling activity?
This is Mitchell's largest azygous merchantability to date, involving 30,000 shares versus a erstwhile merchantability median of 16,180 shares, with the 2 merchantability transactions since June of past twelvemonth averaging 44.12% of disposable holdings per sale. -
What is the interaction connected Mitchell's ownership successful Dave Inc?
Direct ownership declined from 36,509 shares to 6,509 shares post-transaction, representing an 82.17% simplification of her nonstop Common Stock position. -
Did the transaction impact immoderate indirect holdings oregon derivative securities?
No, each shares disposed were held straight by Mitchell, with nary engagement of trusts, LLCs, oregon enactment exercises; determination are besides nary instantly exercisable options remaining post-sale. -
Given the ample proportionality of holdings sold, what explains the transaction size?
The elevated proportionality reflects Mitchell's disposable stock capacity, arsenic the transaction reduced her nonstop Common Stock holdings to a residual position.
| Revenue (TTM) | $554.18 million |
| Net income (TTM) | $195.87 million |
| Price (as of marketplace adjacent 2026-03-06) | $213.03 |
| 1-year terms change | 175.07% |
* 1-year terms alteration calculated arsenic of March 6, 2026.
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Dave Inc. offers integer banking services including idiosyncratic fiscal management, short-term recognition advances (ExtraCash), and a occupation exertion portal (Side Hustle).
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It provides fiscal products and services done its online platform.
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The institution targets consumers seeking accessible, technology-driven fiscal solutions, with a absorption connected individuals managing currency travel betwixt paychecks.
Dave Inc. operates arsenic a technology-driven fiscal services provider, leveraging a streamlined integer level to present banking and idiosyncratic concern tools to consumers. The company's strategy centers connected addressing short-term liquidity needs and promoting fiscal wellness for its members done innovative, low-friction products.
With a nimble workforce and scalable bundle infrastructure, Dave Inc. is positioned to service a increasing marketplace of digitally autochthonal consumers seeking alternatives to accepted banking. Its competitory borderline lies successful its integrated suite of services and absorption connected customer-centric, fee-transparent solutions.

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