AI brief of an SEC Form 8-K · Dave (DAVE)

Dave promotes CFO Kyle Beilman to CFO and COO, effective July 11, 2025

Neutral Impact 3 of 5 leadership Written later

Dave Inc. said Kyle Beilman, its Chief Financial Officer and Secretary, has been promoted to Chief Financial Officer and Chief Operating Officer, effective July 11, 2025. The filing also sets out new pay terms for Mr. Beilman, including a base salary increase and equity awards valued at about $1,175,000.

Key points

  • Kyle Beilman named Chief Financial Officer and Chief Operating Officer, effective July 11, 2025, and remains Secretary
  • Base salary increases from $450,000 to $475,000, effective May 5, 2025, with a target annual cash bonus of 75% of base salary
  • Target annual long-term incentive opportunity of $4,000,000, plus prorated RSU and PSU awards worth about $1,175,000 as of July 11, 2025
  • Equity awards vest in full if employment is terminated without cause or for good reason within 3 months before to 12 months after a change in control, subject to a release of claims

The filing

CompanyDave (DAVE)
Form8-K, current report
Filed with the SECJul 14, 2025, 7:07 PM ET
Accession number0001193125-25-158858

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 14, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.