Razon Michelleta 4
4 · GREEN DOT CORP · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Green Dot (GDOT) Director Razon Michelleta Receives RSU Award
What Happened Razon Michelleta, a director of Green Dot Corp (GDOT), received a grant of 17,496 restricted stock units (RSUs) on May 21, 2026. The award was reported on a Form 4 filed May 22, 2026. The RSUs were granted at $0.00 (transaction code A — award/grant); the units convert into Class A common shares upon vesting rather than representing an immediate market purchase or sale.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-22.
- Grant: 17,496 RSUs, grant price listed as $0.00 (award, not a cash purchase).
- Shares owned after transaction: Not reported in the provided details on this filing.
- Vesting note (from filing): RSUs vest in full on the first anniversary of the grant, but vesting will accelerate upon closing of the merger referenced in the filing; if the merger closes before the first anniversary, vesting is prorated by days elapsed/365.
- Filing timeliness: Appears timely (filed the day after the grant).
- Transaction code: A = Award/Grant (restricted stock units).
Context This was a compensation-related equity award (RSUs) that creates a potential future equity stake once vested; it does not represent an immediate open-market purchase or sale. The vesting acceleration tied to the specified merger means some or all units could vest sooner if that transaction closes first — investors should view this as a standard executive/director compensation event, not a direct signal of buying or selling.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-05-21+17,496→ 54,108 total
Footnotes (1)
- [F1]Represents shares of Class A Common Stock underlying a restricted stock unit ("RSU") award that will vest as to all underlying shares on the first anniversary of the date of grant, with vesting to accelerate upon the occurrence of the closing of the transactions contemplated by the Agreement and Plan of Merger by and among the issuer, CommerceOne Financial Corporation and certain other parties thereto, dated as of November 23, 2025 (the "Closing") prior to such date; provided, however, that in the event the Closing occurs prior to the first anniversary of the date of grant, the RSU award shall vest on a prorated basis such that the number of vested RSUs is equal to the product of the total number of RSUs subject to such award multiplied by a fraction, the numerator of which is the number of days elapsed from the date of grant through and including the date of the Closing, and the denominator of which is 365.