Western Standard (NYSE: GDOT) discloses 5.01% ownership, 2.81M shares
Rhea-AI Filing Summary
Green Dot Corporation reports a Schedule 13G filing showing Western Standard LLC (through Eric D. Andersen) beneficially owns 2,810,302 shares of Class A Common Stock, representing 5.01% of the class. The filing states Mr. Andersen, as Managing Member, has sole voting and sole dispositive power over 2,810,302 shares. The signature is dated 05/04/2026.
Positive
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Insights
Large passive stake reported by an entity affiliated with an individual investor.
The filing identifies Western Standard LLC as the beneficial owner of 2,810,302 shares (5.01%). The filing attributes sole voting and dispositive power to the reporting person, Eric D. Andersen, in his role as Managing Member.
Disclosure of a >5% position is a routine ownership transparency event; subsequent Schedule 13D updates would be relevant if the holder changes intent or engages in activism.
Filing meets disclosure thresholds required for beneficial owners above 5%.
The Schedule 13G lists entity citizenship, address, exact share count, and percentage ownership, satisfying standard reporting elements. The signature block shows the filing date 05/04/2026 and identifies the reporting person.
Further investor actions or conversions would require amended filings under applicable SEC rules.