Green Dot CFO has shares withheld for taxes
Green Dot Corp’s Chief Financial Officer Jess Unruh reported routine tax-related share withholdings, not open‑market sales.
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Rhea-AI Filing Summary
Green Dot Corp’s Chief Financial Officer Jess Unruh reported routine tax-related share withholdings, not open‑market sales. On March 21, 2026, 8,601 shares of Class A Common Stock were withheld at $11.04 per share, and on March 23, 2026, 8,124 shares were withheld at $11.27 per share.
The issuer retained these 16,725 shares to cover income tax withholding and remittance obligations tied to RSU settlements, as confirmed in the footnotes. After these transactions, Unruh directly held 205,594 shares, indicating the withholdings affect only a small portion of the overall position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 8,124 | $11.27 | $92K |
| Exercise Price or Tax Liability | Class A Common Stock | 8,601 | $11.04 | $95K |
Footnotes (2)
- 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 $11.04 per share, which represented the closing price of the issuer's Class A Common Stock on March 20, 2026, and does not represent a sale by the reporting person.
- F2. 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 $11.27 per share, which represented the closing price of the issuer's Class A Common Stock on March 23, 2026, and does not represent a sale by the reporting person.
FAQ
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What insider activity did Green Dot (GDOT) report for its CFO?
Were the Green Dot (GDOT) CFO’s reported transactions open-market sales?
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