Green Dot (NYSE: GDOT) president uses 21,666 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GREEN DOT CORP President Christian Devin Ruppel reported routine tax-related share withholdings tied to restricted stock units (RSUs). On March 21, 23 and 24, 2026, a total of 21,666 shares of Class A Common Stock were withheld by the company to satisfy income tax obligations at prices of $11.04, $11.27 and $11.17 per share. These Form 4 entries are coded “F” and the footnotes state they represent tax withholding and do not represent open-market sales by Ruppel. After these transactions, he directly holds 204,700 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ruppel Christian Devin
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,388 | $11.17 | $71K |
| Tax Withholding | Class A Common Stock | 8,592 | $11.27 | $97K |
| Tax Withholding | Class A Common Stock | 6,686 | $11.04 | $74K |
Holdings After Transaction:
Class A Common Stock — 204,700 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. 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 $11.17 per share, which represented the closing price of the issuer's Class A Common Stock on March 24, 2026, and does not represent a sale by the reporting person.
FAQ
What insider transaction did GREEN DOT CORP (GDOT) report for Christian Devin Ruppel?
GREEN DOT CORP reported that President Christian Devin Ruppel had 21,666 Class A shares withheld for taxes. These were routine RSU-related tax withholdings, not open-market sales, and were reported on Form 4 over three March 2026 transaction dates.
Were the recent GREEN DOT CORP (GDOT) Form 4 transactions open-market sales?
No, the Form 4 states the transactions were tax-withholding dispositions coded "F." Footnotes explain the 21,666 Class A shares were withheld by the issuer to cover income tax obligations on RSU settlements and do not represent sales by Christian Devin Ruppel.
What does transaction code "F" mean in the GREEN DOT CORP (GDOT) Form 4?
Transaction code "F" indicates a disposition of shares to pay the exercise price or related taxes. In this case, it reflects shares withheld by GREEN DOT CORP to cover income tax obligations on RSU settlements, rather than discretionary market sales by the reporting person.