Unruh Jess 4
4 · GREEN DOT CORP · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Green Dot (GDOT) CFO Jess Unruh Withholds Shares for Taxes
What Happened Jess Unruh, Chief Financial Officer of Green Dot Corporation (GDOT), had a total of 16,725 shares of Class A common stock withheld by the company to satisfy tax withholding related to the net settlement of restricted stock units (RSUs). On March 21, 2026, 8,601 shares were withheld at an effective price of $11.04 (value $94,955). On March 23, 2026, 8,124 shares were withheld at $11.27 (value $91,557). These withholdings total approximately $186,512 and, per the filing, do not represent an open-market sale by Unruh.
Key Details
- Filing: Form 4 filed March 24, 2026 (reporting period includes transactions on March 21 and March 23, 2026).
- Transactions:
- 2026-03-21 — 8,601 shares withheld @ $11.04; value $94,955. (Footnote F1)
- 2026-03-23 — 8,124 shares withheld @ $11.27; value $91,557. (Footnote F2)
- Shares owned after transaction: Not specified in the supplied summary of the filing.
- Footnotes: F1 and F2 state the shares were withheld by the issuer to satisfy income tax withholding in connection with net settlement of RSUs and explicitly note these withholdings do not represent a sale by the reporting person.
Context This was a tax-withholding/net settlement of RSUs (a routine administrative action), not an open-market sale or purchase by the insider. For retail investors, such withholdings are common when executives receive equity compensation and generally should not be read as a directional signal about the insider’s view of the stock.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-21$11.04/sh−8,601$94,955→ 213,718 total - Tax Payment
Class A Common Stock
[F2]2026-03-23$11.27/sh−8,124$91,557→ 205,594 total
Footnotes (2)
- [F1]Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs, based on a price of $11.04 per share, which represented the closing price of the issuer's Class A Common Stock on March 20, 2026, and does not represent a sale by the reporting person.
- [F2]Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs, based on a price of $11.27 per share, which represented the closing price of the issuer's Class A Common Stock on March 23, 2026, and does not represent a sale by the reporting person.