Short answer
GREEN DOT CORP (GDOT) filed an 8-K current report with the SEC on April 7, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). CEO William Jacobs eligible for one-time discretionary cash bonus up to $1.25 million.
GREEN DOT CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CEO William Jacobs eligible for one-time discretionary cash bonus up to $1.25 million
- Bonus covers service from January 8, 2026 through closing of proposed CommerceOne transactions
- Payment requires Jacobs to remain CEO through transaction closing
- Compensation Committee determines award based on company and CEO performance
- Bonus payable when Jacobs leaves the CEO role in connection with closing
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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