Dave Inc Insider Imran Khan Files 41 Form 4s, Sells $123 Million — Exits to Zero

A single insider at Dave Inc (DAVE) has filed 41 Form 4 filings in recent months, documenting a complete liquidation worth $123.2 million. Imran Khan — with 229 total career transactions — has sold every last share and now holds zero.

41 Filings From One Person

While most insiders file a handful of Form 4s per year, Khan's 41 recent filings represent one of the most concentrated selling campaigns by a single individual. Each filing documents additional shares sold, painting a picture of relentless, systematic liquidation over a compressed time period.

Khan's most recent sales of $5.2 million represent the final tranche, bringing his share count to exactly zero.

The Numbers

Metric	Value
Career Sales	$123.2 million
Total Transactions	229
Recent Form 4 Filings	41
Career Purchases	$1.0 million
Shares Remaining	0

Context: The Dave Story

Dave Inc is a fintech company that offers banking services, cash advances, and budgeting tools. The company went public via SPAC in early 2022 and initially traded below $10. The stock subsequently surged on improved fundamentals and fintech sector optimism, and Khan appears to have sold aggressively into the rally.

The $1 million in career purchases versus $123.2 million in sales tells the story: Khan acquired his position cheaply (likely pre-SPAC or through equity grants) and has now fully monetized it at dramatically higher prices.

What 41 Filings Signal

The sheer volume of filings — 41 in a concentrated period — suggests Khan was operating under a Rule 10b5-1 trading plan with aggressive selling parameters. Rather than a few large block sales, the 229 transactions across 41 filings indicate small, frequent sales designed to minimize market impact while maximizing the speed of the exit.

With the complete exit now documented, Imran Khan's selling at Dave is finished. The question for remaining shareholders is what the company's largest individual insider saw that prompted such an urgent and thorough departure.

View all Dave Inc insider data on the DAVE stock page.