Unruh Jess 4

What Happened
Jess Unruh, Chief Financial Officer of Green Dot Corp (GDOT), had 2,824 shares of Class A common stock withheld on March 7, 2026 to satisfy income tax withholding obligations related to the net settlement of restricted stock units (RSUs). The withholding was calculated at $11.60 per share (closing price on March 6, 2026), for a total value of approximately $32,758. This is a tax-withholding/net-settlement transaction (code F) and the filing indicates these shares were withheld by the issuer rather than sold on the open market by the reporting person.

Key Details

• Transaction date: March 7, 2026; Price used: $11.60 (closing price March 6, 2026)
• Shares withheld/disposed: 2,824; Total value ≈ $32,758
• Shares owned after transaction: Not specified in the provided filing summary
• Footnotes:
  • F1: Withheld shares satisfy income tax withholding in connection with RSU net settlement; does not represent an open-market sale by the reporting person.
  • F2: Includes 784 shares acquired under the company’s employee stock purchase plan on Feb 27, 2026.
• Filing date: March 9, 2026 — appears to be within the standard two-business-day Form 4 filing deadline.

Context
This was a routine tax-withholding/net-settlement of RSUs, not a discretionary sale or purchase signal. Such withholding is common when equity awards vest and should not be interpreted as a direct endorsement or rejection of the company’s outlook. Purchases (insider buys) often carry more informational weight for investors than withholding events.