[Form 4] Green Dot Corporation Insider Trading Activity

Rhea-AI Filing Summary

Christian Devin Ruppel, identified as interim President of Green Dot Corporation (GDOT), reported two separate sales of Class A common stock on 08/12/2025. The filing shows a sale of 16,966 shares at $12 and a sale of 10,965 shares at $13, each reported as direct dispositions.

The disclosure states the sales were effected under a Rule 10b5-1 trading plan adopted on 11/27/2024. The report lists resulting direct beneficial ownership figures of 236,173 shares and 226,656 shares, respectively, and notes that 1,448 shares were acquired under the issuer's employee stock purchase plan on 05/14/2025.

Positive

• Sales were executed under a Rule 10b5-1 trading plan, indicating the transactions were pre-authorized (plan adoption date 11/27/2024).
• Disclosure includes ESPP participation (1,448 shares acquired 05/14/2025), providing clarity on part of the reported beneficial ownership.

Negative

• Interim President reported dispositions totaling 27,931 shares (16,966 at $12 and 10,965 at $13), reducing direct beneficial ownership per the filing.

Insights

Corporate Governance Expert

TL;DR: Insider sales were executed under a pre-established 10b5-1 plan, which reduces concerns about opportunistic timing.

The Form 4 shows two direct sales by the interim President on the same date, explicitly tied to a Rule 10b5-1 plan adopted 11/27/2024. From a governance standpoint, reliance on a documented trading plan is a mitigating factor because it indicates transactions were pre-authorized rather than opportunistic trades based on material nonpublic information. The filing also discloses participation in the company ESPP (1,448 shares), which is a routine employee equity activity and provides context for reported beneficial ownership totals.

Securities Analyst

TL;DR: Two sales totaling 27,931 shares were reported at $12 and $13, lowering direct holdings to the reported balances.

The Form 4 itemizes a 16,966-share sale at $12 and a 10,965-share sale at $13 on 08/12/2025, both reported as direct dispositions. The document provides resulting direct beneficial ownership figures of 236,173 and 226,656 shares on the respective lines. These are precise reported figures; the filing does not provide market-cap context or reasons beyond the 10b5-1 plan. As a factual disclosure, it signals insider liquidity but not necessarily a change in company fundamentals.

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).

X

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^*

Ruppel Christian Devin

(Last) (First) (Middle)

1675 N. FREEDOM BLVD (200 WEST)

BUILDING 1

(Street)

PROVO UT 84604

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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

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

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

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	08/12/2025		S(1)		16,966	D	$12	236,173	D
Class A Common Stock	08/12/2025		S(1)		10,965	D	$13	226,656(2)	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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 27, 2024.

2. Includes 1,448 shares acquired under the issuer's employee stock purchase plan on May 14, 2025.

Remarks:

	/s/ Lina Davidian as attorney-in-fact for Christian Ruppel	08/13/2025
	** 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.

FAQ

What transactions did Green Dot (GDOT) interim President report on the Form 4?

The filing reports two direct sales on 08/12/2025: 16,966 shares at $12 and 10,965 shares at $13.

Were the insider sales by GDOT pre-planned?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 11/27/2024, as stated in the Form 4.

How many shares does the reporting person beneficially own after the reported transactions?

The Form 4 lists resulting direct beneficial ownership figures of 236,173 shares and 226,656 shares on the respective transaction lines.

Did the filing disclose participation in an employee stock plan?

Yes. The report notes 1,448 shares were acquired under the issuer's employee stock purchase plan on 05/14/2025.

Who filed the Form 4 for Christian Ruppel?

The Form 4 was signed and submitted by an attorney-in-fact on behalf of Christian Ruppel, identified as the reporting person and interim President.