Western Standard reports 3.55M GDOT shares (6.26%)
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.
Sentiment and the balance of points
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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.
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.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned financial
sole dispositive power regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Green Dot (GDOT) does Western Standard LLC report?
Who filed the Schedule 13G/A for GDOT and who signed it?
Does a 6.26% ownership in GDOT trigger any immediate change of control disclosures?
AI-generated analysis. How Rhea-AI works. Not financial advice.