STOCK TITAN

Western Standard holds 3.55M Green Dot shares (GDOT) with sole voting power

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

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

  • None.

Negative

  • None.

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.

Beneficially owned shares 3,546,626 shares Class A Common Stock
Percent of class 6.26% Percent of Class A Common Stock
Sole voting power 3,546,626 shares Amount with sole power to vote
Sole dispositive power 3,546,626 shares Amount with sole power to dispose
Filing signature date 05/11/2026 Signature date on amendment
CUSIP 39304D102 Class A Common Stock identifier
Schedule 13G/A regulatory
"Amendment No. 1 ) Green Dot Corporation Class A Common Stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 3,546,626"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"3,546,626.00 7 | Sole Dispositive Power 3,546,626.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.





39304D102

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Western Standard LLC
Signature:Eric D. Andersen
Name/Title:Managing Member of Western Standard LLC
Date:05/11/2026

FAQ

What stake in Green Dot (GDOT) does Western Standard LLC report?

Western Standard LLC reports beneficial ownership of 3,546,626 shares, equal to 6.26% of Class A Common Stock. The filing states sole voting and sole dispositive power over these shares and is signed by Eric D. Andersen on 05/11/2026.

Who filed the Schedule 13G/A for GDOT and who signed it?

The filing lists Eric D. Andersen as the person filing on behalf of Western Standard LLC. The signature block shows Mr. Andersen signing as Managing Member and the form is dated 05/11/2026.

Does the filing show shared voting or dispositive power for the reported GDOT shares?

No; the filing records 0 shared voting power and 0 shared dispositive power. It lists 3,546,626 shares under sole voting power and sole dispositive power for Western Standard LLC.

What class of Green Dot shares are reported in this Schedule 13G/A?

The filing covers Class A Common Stock of Green Dot Corporation, par value $0.001, CUSIP 39304D102. The ownership figures and voting/dispositive powers apply specifically to this class.

Does a 6.26% ownership in GDOT trigger any immediate change of control disclosures?

A 6.26% stake requires disclosure under beneficial ownership rules but does not by itself trigger typical higher-threshold actions tied to larger percentages. The filing simply reports ownership and control details as of the amendment date.