Watkins Teresa Elaine 4

What Happened Teresa Elaine Watkins, Chief Operations Officer of Green Dot Corp (GDOT), had 1,196 shares of Class A common stock withheld to satisfy income tax withholding related to the net settlement of restricted stock units (RSUs). The withholding was calculated at $11.60 per share (closing price on March 6, 2026), for a total value of approximately $13,874. This was an issuer withholding for taxes (transaction code F), not an open‑market sale by Watkins.

Key Details

• Transaction date: March 7, 2026. Form filed: March 9, 2026.
• Price: $11.60 per share; Shares withheld: 1,196; Total value ≈ $13,874.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Shares were withheld by the issuer to satisfy income tax withholding on net‑settled RSUs (based on $11.60 close on March 6, 2026); explicitly does not represent a sale by the reporting person.
• Transaction code F = tax withholding in connection with RSU settlement.
• Filing timing: Reported two days after the transaction; no late‑filing flag provided in the supplied data.

Context This is a routine administrative action when RSUs vest: the company withholds a portion of the vested shares to cover the officer’s tax obligations (a "net settlement"), which reduces the net shares the insider receives. Such withholdings are not the same as an insider selling shares on the market and generally do not signal a change in the insider’s market view.