Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-09

Dave Inc (DAVE)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$10,208,028
Jason Wilk total, FY2025
85th
CEO pay percentile vs peers
CEO-to-median pay ratio
98.15%
Say-on-pay support, latest vote
Companies that benchmark against DAVE
5 companies name DAVE as a compensation peer

Each company listed discloses DAVE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named DAVE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jason Wilk$563,462$0$8,480,566$0$1,150,000$0$14,000$10,208,028
Chief Executive Officer
Kyle Beilman466,34604,461,7240712,500014,0005,654,570
Chief Financial Officer and Chief Operating Officer and Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Jason Wilk$10,208,028
Kyle Beilman5,654,570

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Kyle BeilmanCFO and COO and Secretary2026-05-29A25,650Derivative, Class A CommonForm 4 ↗
Jason WilkDirector2026-06-02D8,2902752,279,833CommonForm 4 ↗
Brendan CarrollDirector2026-06-02A63700CommonForm 4 ↗
Nima KhajehnouriDirector2026-06-02A63700CommonForm 4 ↗
Yadin RozovDirector2026-06-02A63700CommonForm 4 ↗
Kyle BeilmanCFO and COO and Secretary2026-06-02D4,0732751,120,075CommonForm 4 ↗
Kyle BeilmanCFO and COO and Secretary2026-06-02D4927713,584CommonForm 4 ↗
Jason WilkDirector2026-06-02D10427728,761CommonForm 4 ↗
Dan PrestonDirector2026-06-02A63700CommonForm 4 ↗
Jason WilkDirector2026-06-02D8027722,199CommonForm 4 ↗
Michael PopeDirector2026-06-02A63700CommonForm 4 ↗
Dan PrestonDirector2026-06-04D27526071,453CommonForm 4 ↗
Dan PrestonDirector2026-06-04D27524868,104CommonForm 4 ↗
Yadin RozovDirector2026-06-05D2,20000CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kyle BeilmanRSU2025-04-1115,755$1,308,138
Jason WilkPSU2025-04-116,11212,22318,3351,014,876
Jason WilkRSU2025-04-1136,6703,044,710
Kyle BeilmanPSU2025-04-112,6265,2527,878436,074
Kyle BeilmanPSU2025-07-115401,0801,620218,873
Kyle BeilmanRSU2025-07-113,240656,618
Kyle BeilmanPSU2025-03-0510,07520,14930,2241,842,022
Jason WilkPSU2025-03-0524,18048,35972,5394,420,980
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Kyle Beilman$1,964,756$2,496,969$056.0%
Jason Wilk3,044,7105,435,856064.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Kyle BeilmanRSU34,003$7,528,604
Jason WilkOption238,68023.16
Kyle BeilmanRSU12,8002,834,048
Jason WilkRSU18,3354,059,552
Kyle BeilmanPSU10,5042,325,691
Jason WilkPSU24,4475,412,810
Jason WilkRSU12,5002,767,625
Kyle BeilmanPSU2,160478,246
Kyle BeilmanRSU7,5071,662,125
Kyle BeilmanRSU1,620358,684
Jason WilkRSU72,53916,060,860
Kyle BeilmanRSU30,2276,692,560
Jason WilkPSU48,35910,707,166
Kyle BeilmanRSU30,2246,691,896
Kyle BeilmanPSU20,1494,461,190
Kyle BeilmanRSU7,8781,744,268
Kyle BeilmanRSU2,834627,476
Jason WilkRSU72,54016,061,081
Jason WilkRSU81,60918,069,049
Jason WilkRSU29,7946,596,690
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to attract, motivate and retain talented executives who are critical to our long-term success and the creation of stockholder value. The Compensation Committee oversees our compensation program and has established the following guiding principles: Deliver market-competitive compensation and benefits; Motivate our NEOs to achieve the best possible financial and operational results; Provide rewards consistent with our pay-for-performance philosophy on both a short and long-term basis; and Align the long-term interests of our NEOs with those of our stockholders.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantSemler Brossy Consulting Group
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0219,881,104374,02031,03198.15%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0298.15%a

a. Approved under the standard stated in the filing — “As a result, any shares not voted "FOR" a particular nominee (whether as a result of abstentions or broker non-votes) will have no effect on the outcome of this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael PopeIndependent · Lead Independent Director · Audit (Chair) · Nominating/Governance$69,000$231,033$0$300,033
Dan PrestonIndependent · Audit · Compensation (Chair)64,000231,0330295,033
Andrea MitchellIndependent · Compensation · Nominating/Governance (Chair) · Not standing for re-election51,500231,0330282,533
Yadin RozovIndependent · Compensation47,000231,0330278,033
Brendan CarrollIndependent · Audit · Nominating/Governance76,500076,500
Jason WilkEmployee director · Board Chair00000
Nima KhajehnouriIndependent · Audit · Newly elected0000
Imran KhanIndependent · Departed during FY0000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 14,000 / 9,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$308,000
Equity awards (grant-date value)$924,132
All other compensation$0
Total cost of the board$1,232,132

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Dave Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Dave Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Intapp, Inc.2025John Hall$500,990$13,872,855$14,917,881
2Q2 Holdings, Inc.2025Matthew Flake520,00010,372,9980552,87911,492,510
3Dave Inc2025Jason Wilk563,4628,480,56601,150,00010,208,028
4Upstart Holdings, Inc.2025Dave Girouard536,66708,597,565536,6039,670,835
5Repay Holdings Corp.2024John Morris500,0007,615,7140488,7508,614,814
6Root, Inc.2025Alexander Timm750,0005,499,87501,687,5008,163,348
7Alkami Technology, Inc.2025Alex Shootman558,4806,222,6750699,7757,492,018
8MoneyLion, Inc.2023Diwakar Choubey650,0004,848,284006,595,566
9Lemonade, Inc.2025Daniel Schreiber528,24205,398,70506,076,514
10Hippo Holdings, Inc.2025Richard McCathron660,0004,767,2650495,0005,997,265
11TrueCar, Inc.2024Jantoon Reigersman500,0003,751,5760304,0004,590,916
12Sezzle, Inc.2024Charles Youakim536,510463,920682,642540,7502,224,113
13Expensify, Inc.2025David Barrett1,845,85157,853001,903,704
14NerdWallet, Inc.2025Tim Chen700,00000825,0241,541,124
15Enfusion, Inc.2023Oleg Movchan650,025370,401250,000180,6001,455,190
Blend Labs, Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Dave Inc200%PSU 50 · RSU 50NoSemler Brossy Consulting Group
Alkami Technology, Inc.125.3%RSU 100not disclosedFW Cook
Blend Labs, Inc.not disclosednot disclosedNoSequoia Benefits and Insurance Services, LLC d/b/a Sequoia Consulting Group
Enfusion, Inc.75.3%not disclosedNoMeridian Compensation Partners
Expensify, Inc.not disclosedRSU 100not disclosednot disclosed
Hippo Holdings, Inc.not disclosedRSU 75 · PSU 25Yes — TSR performance compared to HSCM Insurtech IndexAon Human Capital Solutions
Intapp, Inc.106.6%not disclosedNoAlpine Rewards, LLC
Lemonade, Inc.not disclosednot disclosednot disclosedAon Human Capital Solutions (Aon HCS), a division of Aon plc
MoneyLion, Inc.not disclosednot disclosedNonot disclosed
NerdWallet, Inc.not disclosednot disclosednot disclosedFrederic W. Cook & Co., Inc.
Q2 Holdings, Inc.106.3%PSU 50 · RSU 50Yes — Relative TSRMercer
Repay Holdings Corp.96%not disclosedNoFrederic W. Cook & Co., Inc.
Root, Inc.150%PSU 100NoCompensia, Inc.
Sezzle, Inc.not disclosednot disclosednot disclosedFW Cook
TrueCar, Inc.60.8%PSU 60 · RSU 40NoSemler Brossy
Upstart Holdings, Inc.100.95%Options 100not disclosedCompensia

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Jason WilkDEF 14A2026-04-200001193125-26-164199Section “2025 Summary Compensation Table” · page 24. As printed: 10,208,028. Filing ↗machine: r2 · c7 · span 560398–560408
2Section 01, Kyle BeilmanDEF 14A2026-04-200001193125-26-164199Section “2025 Summary Compensation Table” · page 24. As printed: 5,654,570. Filing ↗machine: r6 · c7 · span 571171–571180
3Section 03, Kyle Beilman RSUDEF 14A2026-04-200001193125-26-164199Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t28 · r9 · c31 · span 695965–695971
4Section 03, Jason Wilk PSUDEF 14A2026-04-200001193125-26-164199Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t28 · r5 · c23 · span 644753–644759
5Section 03, Jason Wilk RSUDEF 14A2026-04-200001193125-26-164199Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t23 · r2 · c2 · span 508905–508911
6Section 03, Kyle Beilman PSUDEF 14A2026-04-200001193125-26-164199Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t28 · r10 · c20 · span 705177–705182
7Section 03, Kyle Beilman PSUDEF 14A2026-04-200001193125-26-164199Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t28 · r12 · c23 · span 730952–730957
8Section 03, Kyle Beilman RSUDEF 14A2026-04-200001193125-26-164199Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t28 · r11 · c31 · span 720812–720817
9Section 03, Kyle Beilman PSUDEF 14A2026-04-200001193125-26-164199Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t28 · r8 · c35 · span 684452–684461
10Section 03, Jason Wilk PSUDEF 14A2026-04-200001193125-26-164199Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t28 · r3 · c35 · span 623095–623104
11Section 07, pay ratioDEF 14A2026-04-200001193125-26-164199Section “CEO Pay Ratio”. As printed: —. Filing ↗
12Section 08, Michael PopeDEF 14A2026-04-200001193125-26-164199Section “Director Compensation”. As printed: 300,033. Filing ↗machine: t13 · r5 · c11 · span 372970–372977
13Section 08, Dan PrestonDEF 14A2026-04-200001193125-26-164199Section “Director Compensation”. As printed: 295,033. Filing ↗machine: t13 · r6 · c11 · span 377569–377576
14Section 08, Andrea MitchellDEF 14A2026-04-200001193125-26-164199Section “Director Compensation”. As printed: 282,533. Filing ↗machine: t13 · r4 · c11 · span 368370–368377
15Section 08, Yadin RozovDEF 14A2026-04-200001193125-26-164199Section “Director Compensation”. As printed: 278,033. Filing ↗machine: t13 · r7 · c11 · span 382168–382175
16Section 08, Brendan CarrollDEF 14A2026-04-200001193125-26-164199Section “Director Compensation”. As printed: 76,500. Filing ↗machine: t13 · r2 · c3 · span 356244–356250
17Section 08, Jason WilkDEF 14A2026-04-200001193125-26-164199Section “Director Compensation”. As printed: 0. Filing ↗
18Section 08, Nima KhajehnouriDEF 14A2026-04-200001193125-26-164199Section “Director Compensation”. As printed: 0. Filing ↗
19Section 08, Imran KhanDEF 14A2026-04-200001193125-26-164199Section “Director Compensation”. As printed: 0. Filing ↗machine: t13 · r3 · c11 · span 363612–363613
20Section 02, Kyle Beilman 2026-05-29Form 42026-05-290001193125-26-249002Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Jason Wilk 2026-06-02Form 42026-06-040001193125-26-257869Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Brendan Carroll 2026-06-02Form 42026-06-040001193125-26-257850Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Nima Khajehnouri 2026-06-02Form 42026-06-040001193125-26-257855Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Yadin Rozov 2026-06-02Form 42026-06-040001193125-26-257854Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Kyle Beilman 2026-06-02Form 42026-06-040001193125-26-257870Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Kyle Beilman 2026-06-02Form 42026-06-040001193125-26-257870Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Jason Wilk 2026-06-02Form 42026-06-040001193125-26-257869Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Dan Preston 2026-06-02Form 42026-06-040001193125-26-257853Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Jason Wilk 2026-06-02Form 42026-06-040001193125-26-257869Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Michael Pope 2026-06-02Form 42026-06-040001193125-26-257856Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Dan Preston 2026-06-04Form 42026-06-080001193125-26-262530Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Dan Preston 2026-06-04Form 42026-06-080001193125-26-262530Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Yadin Rozov 2026-06-05Form 42026-06-090001193125-26-263065Insider equity transaction reported since the proxy statement. Filing ↗
34Section 06, 2026 voteForm 8-K2026-06-020001193125-26-253774Item 5.07 · say-on-pay result. As reported: 98.15% (votes for as printed: 19,881,104). Filing ↗
35Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
36Section 09b board cost (computed)ComputedcomputedCash 308,000 + equity 924,132 + all other 0 = 1,232,132, summed across the director compensation table rows.machine: formula: Σ = 1,232,132
37Intapp, Inc., Section 10b CEO totalDEF 14A2025-10-070001140361-25-037489CEO total compensation as printed in Intapp, Inc.'s own proxy. As printed: 14,917,881. Filing ↗machine: r2 · c18 · span 476251–476262
38Q2 Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-290001410384-26-000029CEO total compensation as printed in Q2 Holdings, Inc.'s own proxy. As printed: 11,492,510. Filing ↗machine: span 684167–684177
39Dave Inc (subject), Section 10b CEO totalDEF 14A2026-04-200001193125-26-164199CEO total compensation as printed in Dave Inc's own proxy. As printed: 10,208,028. Filing ↗machine: r2 · c7 · span 560398–560408
40Upstart Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-160001193125-26-158972CEO total compensation as printed in Upstart Holdings, Inc.'s own proxy. As printed: 9,670,835. Filing ↗machine: r3 · c39 · span 509572–509581
41Repay Holdings Corp., Section 10b CEO totalDEF 14A2025-04-300000950170-25-061022CEO total compensation as printed in Repay Holdings Corp.'s own proxy. As printed: 8,614,814. Filing ↗machine: r4 · c35 · span 1541867–1541876
42Root, Inc., Section 10b CEO totalDEF 14A2026-04-240001788882-26-000033CEO total compensation as printed in Root, Inc.'s own proxy. As printed: 8,163,348. Filing ↗machine: r2 · c9 · span 1449193–1449202
43Alkami Technology, Inc., Section 10b CEO totalDEF 14A2026-04-070001529274-26-000023CEO total compensation as printed in Alkami Technology, Inc.'s own proxy. As printed: 7,492,018. Filing ↗machine: r2 · c42 · span 376155–376164
44MoneyLion, Inc., Section 10b CEO totalDEF 14A2024-04-290001213900-24-037177CEO total compensation as printed in MoneyLion, Inc.'s own proxy. As printed: 6,595,566. Filing ↗machine: t8 · span 387803–387812
45Lemonade, Inc., Section 10b CEO totalDEF 14A2026-04-220001691421-26-000024CEO total compensation as printed in Lemonade, Inc.'s own proxy. As printed: 6,076,514. Filing ↗machine: t15 · r2 · c25 · span 368101–368110
46Hippo Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-220001193125-26-170319CEO total compensation as printed in Hippo Holdings, Inc.'s own proxy. As printed: 5,997,265. Filing ↗machine: r2 · c27 · span 400797–400806
47TrueCar, Inc., Section 10b CEO totalDEF 14A2025-04-080001104659-25-033025CEO total compensation as printed in TrueCar, Inc.'s own proxy. As printed: 4,590,916. Filing ↗machine: r1 · c48 · span 753906–753915
48Sezzle, Inc., Section 10b CEO totalDEF 14A2025-04-300001662991-25-000081CEO total compensation as printed in Sezzle, Inc.'s own proxy. As printed: 2,224,113. Filing ↗machine: span 332930–332939
49Expensify, Inc., Section 10b CEO totalDEF 14A2026-04-100001476840-26-000020CEO total compensation as printed in Expensify, Inc.'s own proxy. As printed: 1,903,704. Filing ↗machine: r2 · c14 · span 815741–815750
50NerdWallet, Inc., Section 10b CEO totalDEF 14A2026-04-140001625278-26-000033CEO total compensation as printed in NerdWallet, Inc.'s own proxy. As printed: 1,541,124. Filing ↗machine: r4 · c27 · span 439597–439606
51Enfusion, Inc., Section 10b CEO totalDEF 14A2024-04-260001558370-24-005911CEO total compensation as printed in Enfusion, Inc.'s own proxy. As printed: 1,455,190. Filing ↗machine: t60 · r4 · c23 · span 305739–305748
52Section 10a, Alkami Technology, Inc. reciprocityDEF 14A0001529274-26-000023Alkami Technology, Inc.'s most recent proxy was read; its disclosed peer group does not include Dave Inc. Filing ↗
53Section 10a, Repay Holdings Corp. reciprocityDEF 14A0000950170-25-061022Repay Holdings Corp.'s most recent proxy was read; its disclosed peer group does not include Dave Inc. Filing ↗
54Section 10a, Lemonade, Inc. reciprocityDEF 14A0001691421-26-000024Lemonade, Inc.'s most recent proxy was read; its disclosed peer group does not include Dave Inc. Filing ↗
55Section 10a, Q2 Holdings, Inc. reciprocityDEF 14A0001410384-26-000029Q2 Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Dave Inc. Filing ↗
56Section 10a, TrueCar, Inc. reciprocityDEF 14A0001104659-25-033025TrueCar, Inc.'s most recent proxy was read; its disclosed peer group does not include Dave Inc. Filing ↗
57Section 10a, Intapp, Inc. reciprocityDEF 14A0001140361-25-037489Intapp, Inc.'s most recent proxy was read; its disclosed peer group does not include Dave Inc. Filing ↗