Green Dot director granted 17,496 RSUs
Razon Michelleta reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Razon Michelleta reported acquisition or exercise transactions in this Form 4 filing.
GREEN DOT CORP director Michelleta Razon received an equity award of 17,496 shares of Class A Common Stock through a restricted stock unit grant. The award was granted at no cash cost per share and increases the director’s direct holdings to 54,108 shares after the transaction.
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 other parties occurs before that anniversary.
Positive
- None.
Negative
- None.
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 financial
prorated basis financial
FAQ
What did Green Dot (GDOT) director Michelleta Razon report in this Form 4?
When do Michelleta Razon’s Green Dot (GDOT) RSUs vest?
How is the prorated vesting of Green Dot (GDOT) RSUs calculated if the merger closes early?
How is the Green Dot (GDOT) RSU award linked to the CommerceOne merger agreement?
AI-generated analysis. How Rhea-AI works. Not financial advice.