Form 4: Green Dot Corp Executive Amy Myers Pugh Reports Tax Withholding Transaction

Amy Myers Pugh, General Counsel and Secretary of Green Dot Corp, reports the withholding of shares to cover income tax obligations related to the settlement of Restricted Stock Units (RSUs).

Summary

• On September 12, 2024, Amy Myers Pugh, General Counsel and Secretary of Green Dot Corp, had 1,243 shares of Class A Common Stock withheld by the issuer to cover income tax obligations.
• This was related to the net settlement of RSUs.
• The price per share was $11.11, representing the closing price of Green Dot's Class A Common Stock on that date.
• Following the transaction, Pugh directly owns 63,857 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to tax withholding on equity compensation. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects standard practice for handling tax obligations related to equity compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding related to executive compensation.

Key Dates