<a href="https://laohu8.com/S/GDOT">Green Dot</a> Corporation Announces New Compensation Plan for Interim CEO Mr. Jacobs, Including Potential $1.75 Million Bonus
Green Dot Corporation has announced the approval of a new compensation package for its interim Chief Executive Officer, Mr. Jacobs, as confirmed by the company's Compensation Committee. Effective until January 7, 2026, Mr. Jacobs will receive a monthly salary of $50,000 in cash along with a monthly service award of up to $60,000. Additionally, he has been granted 131,717 time-based restricted stock units (RSUs), which are set to vest on June 19, 2026, under the company's standard vesting terms. Mr. Jacobs is also eligible for a one-time discretionary bonus of up to $1,750,000, payable in cash or Class A common stock, contingent upon his performance and the company's achievements from June 6, 2025, to January 7, 2026. This bonus will be determined by the Committee and is expected to be awarded around January 7, 2026. The RSUs' vesting may accelerate in the event of a qualifying termination or a corporate transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Green Dot Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001386278-25-000051), on June 20, 2025, and is solely responsible for the information contained therein.
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