Officer Kyle Beilman Files Intent to Sell $6.9M in Dave Inc. Stock via Forward Contract
DAVE sits 87% above its 52-week low of $152.21 on elevated volume (4.2× avg).
Summary
Dave Inc. officer Kyle Beilman filed a Form 144 indicating an intent to sell up to 25,650 shares, valued at approximately $6.9 million, through a variable prepaid forward contract. This filing comes as the stock trades near its 52-week high.
Key Events · Ownership and Investor Activity · DAVE
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Officer Files Intent to Sell
Officer Kyle Beilman filed a Form 144 for the proposed sale of 25,650 shares of Class A Common Stock.
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Significant Value
The shares intended for sale are valued at approximately $6.9 million.
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Forward Contract Utilized
The sale is structured through a variable prepaid forward contract, allowing the officer to monetize shares while potentially retaining some flexibility.
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Near 52-Week High
This intent to sell occurs while Dave Inc. stock is trading near its 52-week high of $287.69.
Analysis · DAVE · Finance
This Form 144 indicates an officer's intent to monetize a significant portion of their holdings, valued at approximately $6.9 million, through a variable prepaid forward contract. While not an immediate open-market sale, it signals a move to lock in value or gain liquidity, especially notable as the stock is trading near its 52-week high. This adds to the recent trend of insider distribution.
How filings like this one have moved
In the 30 days to Oct 31, 2026, 31.4% of the 1757 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DAVE was trading at $284.50 on NASDAQ in the Finance sector, with a market capitalization of approximately $3.6B. The 52-week trading range was $152.21 to $287.69. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.