Form 4: Green Dot Corp Executive Teresa Watkins Reports Stock Transaction
SEC Form 4 Filing
Chief Operations Officer Teresa Watkins of Green Dot Corp reports disposition of shares to cover tax obligations related to RSU settlement.
Summary
- On February 8, 2025, Teresa Watkins, Chief Operations Officer of Green Dot Corp, reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 427 shares at a price of $9.05 per share.
- These shares were withheld by Green Dot Corp to satisfy income tax withholding obligations related to the net settlement of Restricted Stock Units (RSUs).
- Following the transaction, Watkins directly owns 70,145 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposition.
Key Dates
| Date | Description |
|---|---|
| 02/08/2025 | Date of stock transaction |
| 02/10/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Green Dot Corp, GDOT, Teresa Watkins, Chief Operations Officer, Stock Transaction, RSU Settlement, Beneficial Ownership, Class A Common Stock
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