secwatch.observer — SEC 8-K summary
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Issuer:     Dave Inc./DE (DAVE)
CIK:        0001841408
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0001193125-22-024663
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dave appoints Michael Pope to Board as Audit Chair; CFO Beilman gets new employment agreement
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- Michael Pope appointed to Board effective Jan 31, 2022; will chair Audit Committee; former Shutterfly CFO.
- Director Charles 'Skip' Paul resigned Jan 27, no disagreement with company.
- Board adopted new director compensation policy: cash retainers ($35k base) and RSU awards (initial $330k, annual $165k).
- CFO Kyle Beilman amended employment: base salary $425k, target bonus 75%, $12M RSU grant vesting over ~4 years.
- Beilman gets 12-month severance on termination without cause; full equity vesting on change-in-control termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841408/000119312522024663/0001193125-22-024663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841408/000119312522024663/d291934d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-024663

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer