Western Standard holds 3.55M Green Dot shares (GDOT) with sole voting power
Rhea-AI Filing Summary
Green Dot Corporation disclosure: Western Standard LLC, through its managing member Eric D. Andersen, reports beneficial ownership of 3,546,626 shares of Class A Common Stock, representing 6.26% of the class. The filing states sole voting and sole dispositive power over these shares. The amendment is signed by Mr. Andersen on 05/11/2026.
Positive
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Insights
Large passive stake reported: 3,546,626 shares (6.26%).
Western Standard LLC is shown as the beneficial holder of 3,546,626 Class A shares with sole voting and dispositive power, indicating direct control over voting and disposition decisions for that block.
The filing is an amended Schedule 13G/A that updates ownership details; timing and intent (passive vs. active) are not further specified in the excerpt.
Ownership concentration noted but below 10% regulatory thresholds for some investor actions.
A 6.26% stake is material for disclosure yet typically below thresholds that trigger certain mandatory takeover or filing consequences; the filing documents voting and dispositive authority clearly.
Subsequent filings could reveal changes; this amendment formalizes the current ownership snapshot as of the signature date.