Form 4: Green Dot Corp Director William I Jacobs Reports Acquisition of Restricted Stock Units

Director William I Jacobs acquired 24,366 shares of Green Dot Corp Class A Common Stock through a restricted stock unit award.

Summary

• On May 22, 2024, William I Jacobs, a director of Green Dot Corp, acquired 24,366 shares of Class A Common Stock.
• The acquisition was in the form of a restricted stock unit award.
• These restricted stock units will vest on the earlier of the first anniversary of the grant date or the date of the 2025 annual stockholders meeting.
• Following the transaction, Jacobs directly owns 108,674 shares of Green Dot Corp Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding stock ownership, with no inherent positive or negative sentiment.

Future Outlook

The restricted stock units will vest on the earlier of the first anniversary of the grant date or the date of the 2025 annual stockholders meeting.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates