secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001386278-22-000010
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot appoints Starboard Value's Peter Feld to board of directors
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- Peter Feld appointed to the board effective March 11, 2022; he is Managing Member and Head of Research at Starboard Value LP.
- Feld will receive pro rata portion of $70,000 annual retainer and eligible for $125,000 RSU grant at next annual meeting.
- Starboard Value is one of Green Dot's largest long-term shareholders; Feld cites belief company is deeply undervalued.
- Feld currently chairs GCP Applied Technologies and serves on NortonLifeLock board; has prior board roles at multiple public companies.
- Appointment reflects ongoing relationship with activist investor; no arrangements or transactions under Item 404(a).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627822000010/0001386278-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627822000010/gdot-20220311.htm
  HTML page:      https://secwatch.observer/filing/0001386278-22-000010

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