RSU tax withholding slightly trims Green Dot (GDOT) General Counsel stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GREEN DOT CORP General Counsel Amy Myers Pugh reported an automatic share disposition related to taxes, not an open-market sale. On the RSU settlement date, 1,408 shares of Class A Common Stock were withheld by the company at $11.60 per share to satisfy income tax withholding obligations.
According to the filing, this withholding "does not represent a sale by the reporting person." After this tax-withholding event, Pugh beneficially owned 105,161 shares of Green Dot Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pugh Amy Myers
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,408 | $11.60 | $16K |
Holdings After Transaction:
Class A Common Stock — 105,161 shares (Direct)
Footnotes (1)
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FAQ
What did Green Dot (GDOT) insider Amy Myers Pugh report on this Form 4?
Amy Myers Pugh reported a tax-related share disposition, not an open-market sale. The company withheld 1,408 Class A shares upon RSU settlement to cover income tax obligations, leaving her with direct ownership of 105,161 shares afterward.
What does transaction code F mean in this Green Dot (GDOT) Form 4?
Transaction code F indicates shares were disposed to cover costs such as taxes or exercise price. Here, it reflects shares withheld by Green Dot for income tax withholding on RSU settlement, rather than a discretionary buy or sell decision by the reporting person.