STOCK TITAN

Block, Inc. (XYZ) awards director Neha Narula 3,682 RSUs

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

Rhea-AI Filing Summary

Block, Inc. director Neha Narula received an automatic equity grant in the form of restricted stock units. She was awarded 3,682 shares of Class A Common Stock at $0.00 per share, increasing her direct holdings to 17,496 shares after the grant.

The RSU award was issued under Block’s Outside Director Compensation Policy. Each RSU converts into one Class A share upon settlement, with 100% of the units vesting on the earlier of June 16, 2027 or the company’s next annual meeting of stockholders.

Positive

  • None.

Negative

  • None.
Insider Narula Neha
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 3,682 $0.00 --
Holdings After Transaction: Class A Common Stock — 17,496 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 3,682 shares Automatic annual RSU award to director
Grant price $0.00 per share Stock award issued as director compensation
Holdings after grant 17,496 shares Total direct Class A Common Stock after transaction
Vesting date June 16, 2027 100% of RSUs vest by this date or earlier annual meeting
restricted stock unit (RSU) financial
"Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy."
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.
Outside Director Compensation Policy financial
"automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy."
vest financial
"100% of the RSUs vest on the earlier of June 16, 2027, or the date of the Issuer's next annual meeting of stockholders."
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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement."
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.
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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*
Narula Neha

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
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 Stock06/16/2026A3,682(1)A$017,496D
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 an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 16, 2027, or the date of the Issuer's next annual meeting of stockholders.
Remarks:
/s/ Susan Szotek, Attorney-in-Fact06/18/2026
** 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, Inc. (XYZ) disclose about Neha Narula’s latest stock award?

Block disclosed that director Neha Narula received 3,682 restricted stock units. These Class A Common Stock RSUs were granted at $0.00 per share under the Outside Director Compensation Policy and increase her direct holdings to 17,496 shares following the award.

How many Block, Inc. (XYZ) shares does Neha Narula hold after this Form 4?

After the reported grant, Neha Narula directly holds 17,496 Class A shares. This total includes the 3,682 restricted stock units awarded in the latest transaction, which convert into one share each upon settlement once vesting conditions are satisfied.

What are the vesting terms of Neha Narula’s 3,682 RSUs at Block, Inc. (XYZ)?

All 3,682 RSUs vest in a single tranche. They vest 100% on the earlier of June 16, 2027, or the date of Block’s next annual meeting of stockholders, at which point each unit will settle into one share of Class A Common Stock.

Was Neha Narula’s Block, Inc. (XYZ) stock grant an open-market purchase?

No, the transaction is a compensation-related grant, not a market purchase. The Form 4 shows transaction code A, meaning a grant or award at $0.00 per share, issued automatically under the company’s Outside Director Compensation Policy.

What type of security did Neha Narula receive from Block, Inc. (XYZ)?

She received restricted stock units linked to Class A Common Stock. Each RSU represents a contingent right to one Block Class A share upon settlement, subject to the vesting schedule tied to the earlier of June 16, 2027, or the next annual shareholder meeting.