Razon Michelleta 4

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.