Core Insights - Imran Khan, a director at Dave, sold his entire indirect stake in the company, totaling 1,146 shares for approximately $233,778 on December 18, 2025, marking a complete exit from his position [4][5][11] - The sale price of $204.00 per share was 7.8% below the market price of $221.32 as of December 23, 2025, indicating a strategic decision to liquidate holdings despite a recent surge in stock performance [1][4] - This transaction was part of a broader liquidation strategy, following a series of smaller trades since June 2025, reflecting a planned exit as share capacity diminished [3][8] Company Overview - Dave operates within the technology-driven financial services sector, offering digital banking and credit solutions through a streamlined platform [7][10] - The company's strategy focuses on providing accessible, low-cost alternatives to traditional banking products, positioning itself as a disruptor in consumer finance [7] - Dave's stock experienced significant growth, soaring 337% over the past year, with shares closing at $204 on December 18, 2025, more than double their level from early 2025 [9][8] Transaction Context - The sale by Imran Khan was part of a multi-stage exit strategy, which included several major transactions executed through a pre-arranged trading plan established in March 2025 [11][8] - The total sales across multiple transactions from December 15 to 18 amounted to around $20 million, coinciding with the company's record third-quarter results that boosted stock prices [8][9] - Following this transaction, Imran Khan holds no direct or indirect shares in Dave, fully liquidating his position [3][5]