Form 4: Green Dot Corp Interim President Christian Ruppel Reports Stock Transactions
SEC Form 4
Interim President of Green Dot Corp, Christian Ruppel, reports acquisition and disposal of Class A Common Stock related to restricted stock units.
Summary
- Christian Ruppel, interim President of Green Dot Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 21, 2025, Ruppel acquired 79,224 shares of Class A Common Stock at $0.00 related to a restricted stock unit award.
- On March 23, 2025, 5,317 shares were disposed of at $7.83 to cover income tax withholding obligations.
- On March 24, 2025, Ruppel acquired 25,542 shares of Class A Common Stock at $0.00 related to a restricted stock unit award.
- On March 25, 2025, 1,467 shares were disposed of at $8.17 to cover income tax withholding obligations.
- Following these transactions, Ruppel beneficially owns 263,328 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports factual stock transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
- Employees may be impacted by the vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Acquisition of 79,224 shares of Class A Common Stock related to RSU award. |
| 03/23/2025 | Disposal of 5,317 shares of Class A Common Stock for tax withholding at $7.83 per share. |
| 03/24/2025 | Acquisition of 25,542 shares of Class A Common Stock related to RSU award. |
| 03/25/2025 | Disposal of 1,467 shares of Class A Common Stock for tax withholding at $8.17 per share. |
| 03/25/2025 | Date of Form 4 filing. |
| 03/21/2026 | First vesting date for 1/3 of the shares from the March 21, 2025 RSU award. |
| 03/24/2026 | Vesting date for all shares from the March 24, 2025 RSU award, contingent on continued service. |
| 03/21/2027 | Second vesting date for 1/3 of the shares from the March 21, 2025 RSU award. |
| 03/21/2028 | Final vesting date for 1/3 of the shares from the March 21, 2025 RSU award. |
Keywords
Form 4, beneficial ownership, stock transactions, restricted stock units, Green Dot Corp, GDOT, Christian Ruppel, interim President
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