Director at Green Dot (NYSE: GDOT) receives 17,496-share RSU stock award

Rhea-AI Filing Summary

Fanlo Saturnino Sixto reported acquisition or exercise transactions in this Form 4 filing.

GREEN DOT CORP director receives stock award. Director Saturnino Sixto Fanlo was granted 17,496 shares of Class A Common Stock on May 21, 2026 as a restricted stock unit (RSU) award at no cash cost, increasing his direct holdings to 110,233 shares.

The RSUs are scheduled to vest in full on the first anniversary of the grant date. Vesting will accelerate if the Closing of the Agreement and Plan of Merger among Green Dot, CommerceOne Financial Corporation and other parties occurs earlier, in which case vesting will be prorated based on days elapsed out of 365.

Insights

Equity compensation analyst

Director received time- and deal-based RSU grant; routine compensation.

Director Saturnino Sixto Fanlo received 17,496 RSUs of GREEN DOT CORP Class A Common Stock as compensation, with no purchase price. This is a non-market, grant-type acquisition and does not represent an open-market buy or sell decision.

The award vests after one year but can accelerate upon the Closing of the merger with CommerceOne Financial Corporation, using a prorated formula based on days elapsed out of 365. This links part of the director’s compensation timing to the transaction’s completion while leaving total award size unchanged.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fanlo Saturnino Sixto

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	17,496	$0.00	--

Holdings After Transaction: Class A Common Stock — 110,233 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant size: 17,496 shares Post-transaction holdings: 110,233 shares Grant price: $0.0000 per share +3 more

6 metrics

RSU grant size 17,496 shares Class A Common Stock RSU award to director

Post-transaction holdings 110,233 shares Director’s direct Class A holdings after grant

Grant price $0.0000 per share No cash cost; compensation award

Vesting period 1 year RSUs vest on first anniversary of grant date

Proration denominator 365 days Used to prorate vesting if merger closes early

Transaction date May 21, 2026 Date of RSU grant

Key Terms

restricted stock unit ("RSU"), Agreement and Plan of Merger, Closing, prorated basis, +1 more

5 terms

restricted stock unit ("RSU") financial

"Represents shares of Class A Common Stock underlying a restricted stock unit ("RSU") award that will vest as to all underlying shares..."

Agreement and Plan of Merger financial

"the transactions contemplated by the Agreement and Plan of Merger by and among the issuer, CommerceOne Financial Corporation..."

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Closing financial

"with vesting to accelerate upon the occurrence of the closing of the transactions contemplated by the Agreement and Plan of Merger..."

prorated basis financial

"the RSU award shall vest on a prorated basis such that the number of vested RSUs is equal to the product..."

denominator of which is 365 financial

"the numerator of which is the number of days elapsed... and the denominator of which is 365."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 05/22/2026 - 07:09 PM Accepted by SEC EDGAR 05/22/2026 - 07:08 PM Learn about SEC filing dates

FAQ

What did GREEN DOT CORP director Saturnino Sixto Fanlo report on this Form 4 for GDOT?

He reported receiving 17,496 shares of Class A Common Stock as a restricted stock unit grant. The award is compensation, carries no cash exercise price, and increased his direct holdings to 110,233 shares following the transaction.

Is the GDOT Form 4 transaction for GREEN DOT CORP a stock purchase or sale?

The transaction is an acquisition through a grant, not a market trade. It is coded as a grant or award of 17,496 RSUs at no price, so it does not reflect an open-market buy or sell decision by the director.

How do the 17,496 RSUs for GREEN DOT CORP director Fanlo vest?

The 17,496 RSUs vest in full on the first anniversary of the grant date. If the merger Closing under the Agreement and Plan of Merger occurs earlier, vesting accelerates on a prorated basis based on days elapsed divided by 365.

What triggers accelerated vesting of the RSUs reported on GREEN DOT CORP’s GDOT Form 4?

Accelerated vesting is triggered by the Closing of the transactions under the Agreement and Plan of Merger among Green Dot, CommerceOne Financial Corporation and others. If Closing occurs before one year, RSUs vest proportionally to days from grant to Closing.

How many GREEN DOT CORP shares does director Fanlo hold after this Form 4 transaction?

After the RSU grant of 17,496 shares, his direct holdings total 110,233 shares of Class A Common Stock. This figure includes the newly awarded RSUs as reported in the filing’s post-transaction ownership line.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fanlo Saturnino Sixto

(Last) (First) (Middle)

1675 N. FREEDOM BLVD (200 WEST)

BUILDING 1

(Street)

PROVO UTAH 84604

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GREEN DOT CORP [ GDOT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/21/2026		A		17,496(1)	A	$0.00	110,233	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Lina Davidian as attorney-in-fact for Saturnino S. Fanlo	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)