1,922 Green Dot (GDOT) shares withheld to cover RSU tax at $11.60
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GREEN DOT CORP interim President Christian Devin Ruppel reported an automatic share disposition related to restricted stock units (RSUs). On March 7, 2026, 1,922 shares of Class A Common Stock were withheld by the company at $11.60 per share to cover income tax withholding and remittance obligations tied to RSU net settlement. According to the disclosure, this does not represent an open-market sale by the reporting person. After these tax-withholding transactions, Ruppel directly held 226,366 shares of Class A Common Stock, which includes 918 shares acquired under the company’s employee stock purchase plan on February 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ruppel Christian Devin
Role
interim President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,922 | $11.60 | $22K |
Holdings After Transaction:
Class A Common Stock — 226,366 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 918 shares acquired under the issuer's employee stock purchase plan on February 27, 2026.
FAQ
What did Green Dot (GDOT) interim President Christian Devin Ruppel report on this Form 4?
Christian Devin Ruppel reported shares withheld to cover taxes on RSU settlement. The company withheld 1,922 Class A Common shares as part of income tax withholding, rather than Ruppel executing an open-market stock sale.
What is the transaction code used in this Green Dot (GDOT) Form 4 filing?
The filing uses transaction code F, indicating shares were used to pay exercise price or tax liability. In this case, the issuer withheld the shares to meet income tax withholding obligations associated with restricted stock unit settlement.
What role do RSUs play in this Green Dot (GDOT) insider transaction?
The transaction stems from RSUs vesting and being net settled. To cover associated income tax obligations, the issuer withheld 1,922 shares instead of requiring separate cash payment, resulting in a reported tax-withholding disposition on the Form 4.