Watkins Teresa Elaine 4

What Happened
Teresa Elaine Watkins, Chief Operations Officer of Green Dot Corporation (GDOT), had shares withheld by the issuer to satisfy tax withholding related to the net settlement of restricted stock units (RSUs). Two withholding events were reported: 3,751 shares withheld at $11.04/share (value $41,411) and 3,102 shares withheld at $11.27/share (value $34,960), for a combined 6,853 shares and roughly $76,371 in value. These were withholding dispositions, not open-market sales by the insider.

Key Details

• Transaction dates and prices:
  • 2026-03-21: 3,751 shares withheld at $11.04 (value $41,411) (Footnote F1: based on 3/20/2026 close).
  • 2026-03-23: 3,102 shares withheld at $11.27 (value $34,960) (Footnote F2: based on 3/23/2026 close).
• Total shares withheld: 6,853; total value ≈ $76,371.
• Shares owned after transaction: Not specified in the provided excerpt 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 do not represent a sale by the reporting person.
• Filing: Form 4 filed 2026-03-24 (period of report 2026-03-21); the filing shows these withholding events and does not flag a late filing.

Context
Withholding shares to cover tax obligations is a common administrative step when RSUs vest and does not indicate an insider selling shares on the open market. Such net settlements reduce the insider's reported share count but are routine and usually reflect tax-remittance mechanics rather than a market sentiment trade.