Form 4: Green Dot Corp CEO George Gresham Reports Tax Withholding Transaction

Green Dot Corp CEO George Gresham reports the withholding of 9,075 shares of Class A Common Stock by the issuer to cover income tax obligations related to RSU settlement.

Summary

• On March 7, 2024, Green Dot Corp CEO George Gresham reported a transaction involving the withholding of 9,075 shares of Class A Common Stock by the issuer.
• The shares were withheld to satisfy income tax obligations related to the net settlement of Restricted Stock Units (RSUs).
• The price per share used for the withholding was $8.52, which was the closing price of Green Dot's Class A Common Stock on that day.
• Following the transaction, Gresham directly owns 537,306 shares of Green Dot Corp.
• The transaction did not represent a sale by the reporting person.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to tax withholding, and does not contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into executive stock ownership and transactions.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it is a standard tax withholding procedure.

Key Dates