GREEN DOT CORP·4

Mar 9, 8:35 PM ET

Pugh Amy Myers 4

Research Summary

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Green Dot (GDOT) GC Amy Myers Pugh Withholds 1,408 Shares for Taxes

What Happened

  • Amy Myers Pugh, General Counsel and Secretary of Green Dot Corp (GDOT), had 1,408 shares of Class A common stock withheld in connection with the net settlement of restricted stock units (RSUs). The withholding was recorded as a disposition valued at $16,333 based on a price of $11.60 per share.
  • This was a tax-withholding/net-settlement transaction (code F), not an open-market sale by the reporting person.

Key Details

  • Transaction date: March 7, 2026. Form filed with the SEC: March 9, 2026.
  • Price used: $11.60 per share (closing price on March 6, 2026). Total value withheld: $16,333.
  • Shares withheld: 1,408 shares (withheld by issuer to satisfy tax withholding and remittance obligations).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: The filing states the shares were withheld by the issuer to satisfy income tax withholding for the net settlement of RSUs and “does not represent a sale by the reporting person” (F1).
  • Filing timeliness: Reported in a Form 4 dated March 9 covering the March 7 transaction (no late‑filing flag indicated).

Context

  • This is a routine tax-withholding event tied to RSU vesting (net settlement). Such withholdings are common and generally reflect compensation tax obligations rather than a deliberate market sell signal.
  • Transaction code F indicates payment of exercise price or tax liability via share withholding; it reduces the number of shares delivered to the insider but is not an open-market sale.