STOCK TITAN

Western Standard (NYSE: GDOT) discloses 5.01% ownership, 2.81M shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

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

  • None.

Negative

  • None.

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.

Shares beneficially owned 2,810,302 shares Class A Common Stock
Percent of class 5.01% Percent of Class A Common Stock
Sole voting power 2,810,302 shares Sole power to vote or direct the vote
Sole dispositive power 2,810,302 shares Sole power to dispose or direct disposition
Filing signature date 05/04/2026 Signature date on Schedule 13G
Schedule 13G regulatory
"Item 1. | (a) | Name of issuer: Green Dot Corporation"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 2,810,302"
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
"Item 4. | (iii) Sole power to dispose or to direct the disposition of: 2,810,302"
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.
sole voting power regulatory
"Item 4. | (i) Sole power to vote or to direct the vote: 2,810,302"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.





39304D102

(CUSIP Number)
02/03/2026

(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:05/04/2026

FAQ

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

Western Standard LLC reported beneficial ownership of 2,810,302 shares of Class A Common Stock, equal to 5.01% of the class. The filing attributes sole voting and sole dispositive power over these shares to the reporting person.

Who is the filing's reporting person for the GDOT Schedule 13G?

The Schedule 13G names Eric D. Andersen as the reporting person and Managing Member of Western Standard LLC. The filing lists his business address in Los Angeles, CA and indicates U.S. citizenship for Mr. Andersen.

Does the Schedule 13G show voting control for the reported shares?

Yes. The form states the reporting person has sole power to vote and sole power to dispose of 2,810,302 shares. Shared voting and dispositive power are reported as 0 in the filing.

When was the Schedule 13G for GDOT signed?

The signature block on the filing is dated 05/04/2026. That date appears alongside the signature of Eric D. Andersen as Managing Member of Western Standard LLC.

What entity type holds the reported GDOT shares?

The beneficial owner is Western Standard LLC, a California limited liability company. The filing lists the entity as the holder and attributes ownership control to the managing member, Eric D. Andersen.