Business Context and Reporting Period
This Form 8-K reports on the results of the 2026 Annual Meeting of Stockholders for Dave Inc., held on June 2, 2026. The filing details the voting outcomes for four proposals submitted to security holders, including the election of directors, executive compensation advisory votes, and the ratification of the independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and voting results rather than financial performance metrics.
Material Changes and Voting Results
Of the 24,640,106 total voting power entitled to vote, 22,436,216 votes (approximately 91.05%) were represented, constituting a quorum. The outcomes for the four proposals were as follows:
- Proposal 1 (Election of Directors): Dan Preston was elected as a Class II director until the 2029 annual meeting. He received 17,520,094 votes for, with 2,766,061 votes withheld and 2,150,061 broker non-votes.
- Proposal 2 (Say-on-Pay): Stockholders approved the advisory vote on executive compensation. Votes were 19,881,104 for, 374,020 against, and 31,031 abstained.
- Proposal 3 (Frequency of Say-on-Pay): Stockholders approved holding future advisory votes on executive compensation every 1 year. Votes were 19,948,465 for 1 year, 175,469 for 2 years, and 142,503 for 3 years.
- Proposal 4 (Auditor Ratification): Stockholders ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. Votes were 22,358,229 for, 40,988 against, and 36,999 abstained.
Guidance, Outlook, and Risks
The filing does not contain management commentary on financial guidance, future outlook, specific risks, contingencies, or unusual items. The Board has determined, based on the voting results, that the Company will hold an annual advisory vote on executive compensation.
Key Facts for Investor Verification
- Verify the definitive proxy statement on Schedule 14A filed on April 20, 2026, for detailed descriptions of the proposals.
- Confirm the tenure of the newly elected director, Dan Preston, which extends until the 2029 annual meeting.
- Note the high level of shareholder engagement, with over 91% of voting power represented at the meeting.
- Confirm that Deloitte & Touche LLP is the appointed auditor for the fiscal year ending December 31, 2026.