Ruppel Christian Devin 4

What Happened

• Christian Devin Ruppel, President of Green Dot Corp (GDOT), had a total of 21,666 shares of Class A common stock withheld by the issuer to satisfy income tax withholding related to the net settlement of RSUs. The withholdings occurred on March 21, 23 and 24, 2026 and totaled approximately $241,999 in value (6,686 @ $11.04 = $73,813; 8,592 @ $11.27 = $96,832; 6,388 @ $11.17 = $71,354). These transactions are tax-withholding dispositions (reported with code F) and do not represent open-market sales by the insider.

Key Details

• Transaction dates and prices:
  • 2026-03-21: 6,686 shares withheld at $11.04 (value $73,813) — footnote F1
  • 2026-03-23: 8,592 shares withheld at $11.27 (value $96,832) — footnote F2
  • 2026-03-24: 6,388 shares withheld at $11.17 (value $71,354) — footnote F3
• Total shares withheld: 21,666; total value ≈ $241,999.
• Shares owned after the transactions: Not disclosed in the filing.
• Footnotes: Each entry notes the issuer withheld shares to satisfy income tax withholding in connection with RSU net settlement and cites the closing price used for that date; explicitly states these are not sales by the reporting person.
• Filing: Report filed 2026-03-24 covering transactions through 2026-03-21–24; no late filing indication in the record.

Context

• These were net settlement tax withholdings for restricted stock units (RSUs), a routine administrative step when RSUs vest; the issuer retained shares rather than the insider selling on the open market.
• Such withholding transactions are generally not interpreted as a directional insider trade signal (they reflect tax obligations, not a discretionary sale).