Tax withholding trims Green Dot (NYSE: GDOT) CFO share position
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Green Dot Corp’s Chief Financial Officer Jess Unruh reported routine tax-related share withholdings, not open‑market sales. On March 21, 2026, 8,601 shares of Class A Common Stock were withheld at $11.04 per share, and on March 23, 2026, 8,124 shares were withheld at $11.27 per share.
The issuer retained these 16,725 shares to cover income tax withholding and remittance obligations tied to RSU settlements, as confirmed in the footnotes. After these transactions, Unruh directly held 205,594 shares, indicating the withholdings affect only a small portion of the overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Unruh Jess
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 8,124 | $11.27 | $92K |
| Tax Withholding | Class A Common Stock | 8,601 | $11.04 | $95K |
Holdings After Transaction:
Class A Common Stock — 205,594 shares (Direct)
Footnotes (1)
- Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs, based on a price of $11.04 per share, which represented the closing price of the issuer's Class A Common Stock on March 20, 2026, and does not represent a sale by the reporting person. Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs, based on a price of $11.27 per share, which represented the closing price of the issuer's Class A Common Stock on March 23, 2026, and does not represent a sale by the reporting person.
FAQ
What insider activity did Green Dot (GDOT) report for its CFO?
Green Dot’s CFO Jess Unruh reported tax-related share withholdings, not market sales. The issuer withheld shares from RSU settlements to cover income tax obligations, leaving Unruh with a substantial remaining direct holding of Class A Common Stock.
Were the Green Dot (GDOT) CFO’s reported transactions open-market sales?
No, the transactions were not open-market sales by the CFO. Footnotes state the issuer withheld the shares to satisfy income tax withholding and remittance obligations from RSU net settlements, explicitly noting they do not represent sales by the reporting person.