Green Dot COO has shares withheld for RSU taxes
GREEN DOT CORP Chief Operations Officer Teresa Elaine Watkins reported a Form 4 transaction involving restricted stock units.
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Rhea-AI Filing Summary
GREEN DOT CORP Chief Operations Officer Teresa Elaine Watkins reported a Form 4 transaction involving restricted stock units. On March 7, 2026, 1,196 shares of Class A Common Stock at $11.60 per share were withheld by the company to cover income tax obligations related to RSU settlement. This withholding is described as a tax-related disposition and not an open-market sale by the executive. After this transaction, she directly owned 109,949 shares of Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 1,196 | $11.60 | $14K |
Footnotes (1)
- F1. Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs, based on a price of $11.60 per share, which represented the closing price of the issuer's Class A Common Stock on March 6, 2026, and does not represent a sale by the reporting person.
FAQ
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What did Green Dot (GDOT) COO Teresa Watkins report in this Form 4?
Was the Green Dot (GDOT) COO’s Form 4 transaction a stock sale?
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