Green Dot (GDOT) CFO has 2,824 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GREEN DOT CORP Chief Financial Officer Jess Unruh reported an automatic share withholding related to restricted stock units (RSUs). On March 7, 2026, 2,824 shares of Class A Common Stock at $11.60 per share were withheld by the company to cover income tax obligations tied to RSU net settlement and did not represent a sale by Unruh.
After this tax-withholding disposition, Unruh directly held 222,319 shares of Class A Common Stock, which includes 784 shares acquired under Green Dot’s employee stock purchase plan on February 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Unruh Jess
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,824 | $11.60 | $33K |
Holdings After Transaction:
Class A Common Stock — 222,319 shares (Direct)
Footnotes (1)
- 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. Includes 784 shares acquired under the issuer's employee stock purchase plan on February 27, 2026.
FAQ
What insider transaction did GREEN DOT CORP (GDOT) CFO Jess Unruh report?
Jess Unruh reported a tax-related share withholding, not an open-market trade. On March 7, 2026, 2,824 Class A Common shares were withheld by Green Dot to satisfy income tax obligations from RSU settlement at $11.60 per share.
What was the price used for the GREEN DOT CORP (GDOT) RSU tax withholding?
The company used a price of $11.60 per share for the RSU-related tax withholding. This amount reflected the closing price of Green Dot’s Class A Common Stock on March 6, 2026, and determined the value of the 2,824 withheld shares.
What does transaction code "F" mean in the GREEN DOT CORP (GDOT) Form 4?
Transaction code “F” indicates a tax-withholding disposition rather than a traditional buy or sell. In this case, 2,824 shares were withheld by Green Dot to satisfy income tax obligations arising from the net settlement of previously granted restricted stock units.