STOCK TITAN

Block (XYZ) business lead awarded 268,727 RSUs vesting through 2030

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

Rhea-AI Filing Summary

Jennings Owen Britton reported acquisition or exercise transactions in this Form 4 filing.

Block, Inc. reported that Business Lead Jennings Owen Britton received an award of 268,727 shares of Class A Common Stock in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share upon settlement, subject to a long-term vesting schedule.

According to the filing, 1/16 of the RSUs will vest on May 20, 2026, with additional 1/16 portions vesting every three months through February 20, 2030. After this grant, Britton directly holds 498,818 shares of Block’s Class A Common Stock, reflecting a substantial equity-based compensation position.

Positive

  • None.

Negative

  • None.
Insider Jennings Owen Britton
Role Business Lead
Type Security Shares Price Value
Grant/Award Class A Common Stock 268,727 $0.00 --
Holdings After Transaction: Class A Common Stock — 498,818 shares (Direct)
Footnotes (1)
  1. Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 1/16th of the RSUs will vest on May 20, 2026 and each three months thereafter through February 20, 2030.
RSU grant size 268,727 shares Restricted stock units tied to Class A Common Stock
Post-grant holdings 498,818 shares Total Class A Common Stock directly held after transaction
Grant price per share $0.0000 per share Compensation grant, not open-market purchase
Initial vesting date May 20, 2026 1/16 of RSUs vest on this date
Final vesting date February 20, 2030 Quarterly vesting continues through this date
restricted stock unit (RSU) financial
"Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right..."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"1/16th of the RSUs will vest on May 20, 2026 and each three months thereafter..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each RSU represents a contingent right to receive one share..."
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*
Jennings Owen Britton

(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)
Business Lead
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
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 Stock04/07/2026A268,727(1)(2)A$0498,818D
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. Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
2. 1/16th of the RSUs will vest on May 20, 2026 and each three months thereafter through February 20, 2030.
Remarks:
/s/ Susan Szotek, Attorney-in-Fact04/09/2026
** 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 did Block (XYZ) disclose about Jennings Owen Britton’s recent equity award?

Block disclosed that Business Lead Jennings Owen Britton received an award of 268,727 RSUs tied to Class A Common Stock. Each RSU represents a contingent right to receive one share, forming a significant component of his equity-based compensation package over several years.

How many Block (XYZ) shares does Jennings Owen Britton hold after this Form 4 filing?

After the reported RSU grant, Jennings Owen Britton directly holds 498,818 shares of Block’s Class A Common Stock. This figure includes the newly awarded restricted stock units and highlights a sizable equity stake aligned with the company’s long-term performance.

What is the vesting schedule for Jennings Owen Britton’s 268,727 Block (XYZ) RSUs?

The 268,727 RSUs vest over nearly four years. One-sixteenth vests on May 20, 2026, with additional one-sixteenth portions vesting every three months through February 20, 2030, creating a long-term, time-based incentive structure for the executive.

Are Jennings Owen Britton’s RSUs in Block (XYZ) an open-market purchase or compensation grant?

The RSUs represent a compensation grant, not an open-market purchase. The Form 4 uses transaction code “A” for grant or award, and the shares carry a price of $0.0000 per share, consistent with employer-granted equity incentives rather than market transactions.

What does it mean that each RSU for Block (XYZ) is a contingent right to one share?

Each RSU gives a contingent right to receive one share of Block’s Class A Common Stock when it settles. The contingency generally depends on satisfying the vesting schedule, so the executive gains actual shares only as the RSUs vest over the specified dates.