GREEN DOT CORP·4

Mar 9, 8:35 PM ET

Ruppel Christian Devin 4

Research Summary

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Updated

Green Dot (GDOT) Interim President Ruppel Withholds 1,922 Shares

What Happened
Christian Devin Ruppel, interim President of Green Dot Corp (GDOT), had 1,922 shares of Class A common stock withheld on March 7, 2026 to satisfy income tax withholding related to the net settlement of restricted stock units (RSUs). The withholding was based on a per-share price of $11.60, for a total value of $22,295. This withholding is reported as transaction code F (tax withholding) and the filing notes it does not represent an open‑market sale by the reporting person.

Key Details

  • Transaction date: 2026-03-07
  • Price used: $11.60 per share (closing price on March 6, 2026)
  • Shares withheld/disposed: 1,922; total value ≈ $22,295
  • Transaction type: F — shares withheld to satisfy tax liability on RSUs (net settlement), not a sale by the insider (Footnote F1)
  • Footnote F2: reporting of holdings includes 918 shares acquired under the company’s employee stock purchase plan on Feb 27, 2026
  • Shares owned after transaction: not specified in the provided filing excerpt

Context
Net settlement/tax‑withholding of RSUs is a routine administrative step to cover taxes when awards vest; it generally does not signal the insider buying or selling stock on the open market. Purchases or open-market sales typically carry more weight for interpreting insider sentiment. The filing indicates this was a withholding action rather than a discretionary sale.