secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K/A
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001386278-25-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot Corp discloses interim CEO pay, retention bonuses for key officers
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- Jacobs receives $50k/mo salary + up to $60k/mo service award; 117,123 RSUs vesting in 1 year.
- Ruppel's base salary raised to $550k; target cash incentive increased to 100% of base.
- Retention bonuses: $200k for Ruppel, $125k each for CFO Unruh, COO Watkins, GC Pugh.
- Bonuses vest 50% on transaction announcement, rest at close; if no announcement by Dec 31, 2025, 50% vests then, balance Jun 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627825000014/0001386278-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627825000014/gdot-20250307.htm
  HTML page:      https://secwatch.observer/filing/0001386278-25-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer