Form 4: Green Dot Corp Executive Teresa Watkins Reports Tax Withholding Transaction

Teresa Watkins, Chief Operations Officer of Green Dot Corp, reports the withholding of shares to cover income tax obligations related to RSU settlement.

Summary

• On March 7, 2025, Teresa Watkins, the Chief Operations Officer of Green Dot Corp, had 1,456 shares of Class A Common Stock withheld by the issuer to satisfy income tax obligations.
• This withholding was related to the net settlement of Restricted Stock Units (RSUs).
• The price per share used for the withholding was $7.46, which was the closing price of Green Dot Corp's Class A Common Stock on that day.
• Following this transaction, Watkins directly owns 68,689 shares of Class A Common Stock.
• The transaction was not a sale by the reporting person.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine tax withholding, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding procedure related to the vesting of RSUs, which is a common form of executive compensation.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine tax withholding.

Key Dates