Green Dot director receives 17,496 RSU share grant
Brewster J Chris reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brewster J Chris reported acquisition or exercise transactions in this Form 4 filing.
GREEN DOT CORP director J. Chris Brewster received an equity award rather than buying shares on the market. He was granted 17,496 shares of Class A Common Stock in the form of a restricted stock unit award at no cash cost.
The RSUs are scheduled to vest in full on the first anniversary of the grant date. Vesting will accelerate, on a prorated basis, if the closing of the transactions under the Agreement and Plan of Merger among Green Dot, CommerceOne Financial Corporation and others occurs earlier. Following this grant, Brewster directly holds 150,711 shares of Class A Common Stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,496 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock unit ("RSU") financial
Agreement and Plan of Merger regulatory
vesting to accelerate financial
prorated basis financial
FAQ
What insider transaction did GREEN DOT CORP (GDOT) director J. Chris Brewster report?
When do J. Chris Brewster’s GREEN DOT CORP RSUs reported on Form 4 vest?
Is the J. Chris Brewster Form 4 for GREEN DOT CORP a market purchase or sale?
How is the merger with CommerceOne Financial Corporation linked to Brewster’s GREEN DOT CORP RSUs?
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