STOCK TITAN

Director at Green Dot (NYSE: GDOT) receives 17,496 RSUs tied to merger terms

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Millard Robert C. reported acquisition or exercise transactions in this Form 4 filing.

GREEN DOT CORP director Robert C. Millard reported an equity compensation grant of 17,496 shares of Class A Common Stock in the form of a restricted stock unit (RSU) award at no cash cost per share. Following this grant, he holds 87,026 shares directly.

The RSUs are scheduled to vest in full on the first anniversary of the grant date. Vesting will accelerate if the closing of the transactions under the Agreement and Plan of Merger among the issuer, CommerceOne Financial Corporation, and other parties dated November 23, 2025 occurs earlier, in which case vesting will be prorated based on days elapsed.

Positive

  • None.

Negative

  • None.
Insider Millard Robert C.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 17,496 $0.00 --
Holdings After Transaction: Class A Common Stock — 87,026 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 17,496 shares Class A Common Stock RSU award to director
Transaction price per share $0.00 per share Equity compensation, not a cash purchase
Shares held after grant 87,026 shares Director’s direct holdings following the RSU award
Vesting schedule 1-year cliff vesting Full vesting on first anniversary of grant date
Merger agreement date November 23, 2025 Agreement and Plan of Merger reference date
restricted stock unit ("RSU") financial
"Represents shares of Class A Common Stock underlying a restricted stock unit ("RSU") award that will vest..."
Agreement and Plan of Merger regulatory
"transactions contemplated by the Agreement and Plan of Merger by and among the issuer, CommerceOne Financial Corporation..."
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
prorated basis financial
"the RSU award shall vest on a prorated basis such that the number of vested RSUs is equal to the product..."
numerator financial
"the numerator of which is the number of days elapsed from the date of grant..."
denominator financial
"the denominator of which is 365."
The denominator is the number on the bottom of a fraction that shows the total population or base used to calculate a rate, percentage or ratio — for example, the total shares outstanding when calculating earnings per share, or all trial participants when reporting a safety rate. It matters to investors because changing the denominator (by issuing more shares, changing the population measured, or narrowing the base) can make percentages and per‑unit figures look better or worse even if the underlying raw numbers stay the same, much like changing the size of a pizza makes each slice appear larger or smaller.
closing of the transactions regulatory
"with vesting to accelerate upon the occurrence of the closing of the transactions contemplated by the Agreement and Plan of Merger..."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Millard Robert C.

(Last)(First)(Middle)
1675 N. FREEDOM BLVD (200 WEST)
BUILDING 1

(Street)
PROVO UTAH 84604

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GREEN DOT CORP [ GDOT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/21/2026A17,496(1)A$0.0087,026D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of Class A Common Stock underlying a restricted stock unit ("RSU") award that will vest as to all underlying shares on the first anniversary of the date of grant, with vesting to accelerate upon the occurrence of the closing of the transactions contemplated by the Agreement and Plan of Merger by and among the issuer, CommerceOne Financial Corporation and certain other parties thereto, dated as of November 23, 2025 (the "Closing") prior to such date; provided, however, that in the event the Closing occurs prior to the first anniversary of the date of grant, the RSU award shall vest on a prorated basis such that the number of vested RSUs is equal to the product of the total number of RSUs subject to such award multiplied by a fraction, the numerator of which is the number of days elapsed from the date of grant through and including the date of the Closing, and the denominator of which is 365.
Remarks:
/s/ Lina Davidian as attorney-in-fact for Robert C. Millard05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)