STOCK TITAN

Tax withholding trims Block (XYZ) CLO stake by 284 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Block, Inc. Chief Legal Officer Esperanza Chrysty had 284 shares of Class A common stock withheld on 2026-04-01 to cover income tax obligations on a restricted stock unit net settlement. The Form 4 notes this is a tax-withholding disposition, not an open-market sale. After the withholding, she directly holds 120,010 shares of Block stock.

Positive

  • None.

Negative

  • None.
Insider Esperanza Chrysty
Role Chief Legal Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 284 $59.54 $17K
Holdings After Transaction: Class A Common Stock — 120,010 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 284 shares Class A common stock withheld for RSU tax obligations on 2026-04-01
Withholding reference price $59.54 per share Value used for 284-share tax-withholding disposition
Shares held after transaction 120,010 shares Direct ownership of Block Class A common stock following withholding
restricted stock units financial
"in connection with the net settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"in connection with the net settlement of restricted stock units"
withheld by the Issuer financial
"Represents shares that have been withheld by the Issuer to satisfy its income tax"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Esperanza Chrysty

(Last)(First)(Middle)
1955 BROADWAY
SUITE 600

(Street)
OAKLAND CALIFORNIA 94612

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026F284(1)D$59.54120,010D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person.
Remarks:
/s/ Susan Szotek, Attorney-in-Fact04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Block (XYZ) report for Esperanza Chrysty?

Block reported that Chief Legal Officer Esperanza Chrysty had 284 shares of Class A common stock withheld to satisfy income tax obligations from a restricted stock unit net settlement, rather than selling shares in the open market.

Was the Block (XYZ) Form 4 transaction an open-market sale?

No, the 284 shares reported on the Form 4 were withheld by Block to cover income tax and withholding obligations from a restricted stock unit settlement and are explicitly described as not representing a sale by the reporting person.

How many Block (XYZ) shares does Esperanza Chrysty hold after this Form 4?

Following the tax-withholding disposition of 284 shares, Esperanza Chrysty directly holds 120,010 shares of Block Class A common stock, according to the Form 4’s post-transaction ownership disclosure.

What does a tax-withholding disposition mean in Block (XYZ)’s Form 4?

A tax-withholding disposition means the company withholds shares that would otherwise be delivered, using them to satisfy income tax and withholding obligations arising from equity awards such as restricted stock unit settlements.

What type of security is involved in this Block (XYZ) insider filing?

The filing involves Block’s Class A common stock, with 284 shares withheld for taxes tied to the net settlement of restricted stock units, and 120,010 shares reported as directly owned after the transaction.