Block insider sale: 126,806 shares remain after $74.77 tax-sale
Block, Inc. insider Esperanza Chrysty, who serves as Chief Legal Officer and a director, reported a routine sale of shares on 10/02/2025 to cover tax withholding tied to vested restricted stock units.
Rhea-AI Filing Summary
Block, Inc. insider Esperanza Chrysty, who serves as Chief Legal Officer and a director, reported a routine sale of shares on 10/02/2025 to cover tax withholding tied to vested restricted stock units. The filing shows a sale executed at $74.77 per share and reports 126,806 Class A common shares remaining beneficially owned after the transaction. The form is coded as a Section 16 sale for tax withholding rather than an open-market disposal, and the explanatory note states the shares were automatically sold solely to satisfy the issuer's income tax withholding and remittance obligations. This is a customary, non-discretionary transaction linked to equity compensation vesting.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 406 | $74.77 | $30K |
Footnotes (1)
- F1. Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units.
FAQ
What did Esperanza Chrysty report on Form 4 for Block, Inc. (BSQKZ)?
Chrysty reported a sale on 10/02/2025 at $74.77 per share and 126,806 Class A shares remain beneficially owned after the transaction.
Does the Form 4 indicate a discretionary open-market sale?
No. The filing and the explanation indicate the sale was a non-discretionary, automatic sale for tax withholding, not an independent open-market decision.
What position does the reporting person hold at Block, Inc.?
The reporting person is listed as Chief Legal Officer and a Director of the company.
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