Green Dot (NYSE: GDOT) COO reports RSU tax-withholding of 1,196 shares
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,196 shares
Net Sell
1 txn
Insider
Watkins Teresa Elaine
Role
Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 1,196 | $11.60 | $14K |
Holdings After Transaction:
Class A Common Stock — 109,949 shares (Direct)
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
What did Green Dot (GDOT) COO Teresa Watkins report in this Form 4?
Teresa Watkins reported that 1,196 Green Dot Class A shares were withheld to pay income taxes on vested RSUs. The shares, priced at $11.60 each, were retained by the company and did not involve an open-market sale by the executive.
Was the Green Dot (GDOT) COO’s Form 4 transaction a stock sale?
No, the Form 4 states the 1,196 shares of Class A stock were withheld by Green Dot to satisfy tax withholding for RSU settlement. The footnote clarifies this does not represent a sale by Chief Operations Officer Teresa Watkins.
AI-generated analysis. How Rhea-AI works. Not financial advice.