Form 4: Green Dot Corp CEO George Gresham Reports Stock Transaction
SEC Form 4 Filing
Green Dot Corp CEO George Gresham reports the withholding of 9,116 shares of Class A Common Stock to cover income tax obligations related to RSU settlement.
Summary
- On March 7, 2025, Green Dot Corp CEO and President George Gresham had 9,116 shares of Class A Common Stock withheld by the issuer to satisfy income tax obligations.
- This was in connection with the net settlement of Restricted Stock Units (RSUs).
- The price per share was $7.46, representing the closing price of Green Dot's Class A Common Stock on that date.
- Following the transaction, Gresham directly owns 406,210 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Transaction date: 9,116 shares of Class A Common Stock withheld for tax obligations related to RSU settlement. |
| 03/10/2025 | Date of signature for the report. |
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