Block's Board Compensation Revealed: Director Gets 4,343 Restricted Stock Units

Rhea-AI Filing Summary

Block, Inc. Director Randall J. Garutti received an automatic annual restricted stock unit (RSU) award on June 17, 2025, as part of the company's Outside Director Compensation Policy. The transaction details include:

• Acquisition of 4,343 RSUs at $0 cost
• Following the transaction, Garutti directly owns 36,039 shares of Class A Common Stock
• The RSUs will fully vest on the earlier of June 17, 2026, or the date of the next annual stockholder meeting
• Each RSU represents a right to receive one share of Class A Common Stock upon settlement

This Form 4 filing, signed by Susan Szotek as attorney-in-fact on June 18, 2025, represents standard compensation practice for Block's board members and indicates continued alignment of director interests with shareholders through equity-based compensation.

SEC Form 4

FORM 4

UNITED 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^*

GARUTTI RANDALL J

(Last) (First) (Middle)

1955 BROADWAY

SUITE 600

(Street)

OAKLAND CA 94612

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/17/2025		A		4,343(1)	A	$0	36,039	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 17, 2026, or the date of the Issuer's next annual meeting of stockholders.

Remarks:

	/s/ Susan Szotek, Attorney-in-Fact	06/18/2025
	** Signature of Reporting Person	Date
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.

FAQ

How many Block Inc (XYZ) shares did Director Randall Garutti receive on June 17, 2025?

Director Randall Garutti received 4,343 restricted stock units (RSUs) of Block Inc's Class A Common Stock on June 17, 2025, as part of an automatic annual director compensation award.

When will Randall Garutti's XYZ RSU grant from June 2025 vest?

The RSUs will vest 100% on the earlier of June 17, 2026, or the date of Block Inc's next annual meeting of stockholders.

How many Block Inc (XYZ) shares does Randall Garutti own after the June 2025 RSU grant?

Following the RSU grant, Randall Garutti directly owns 36,039 shares of Block Inc's Class A Common Stock.

What was the purchase price of XYZ RSUs granted to Director Garutti in June 2025?

The RSUs were granted at $0 cost to Director Garutti as part of Block Inc's Outside Director Compensation Policy, representing a contingent right to receive shares upon vesting.

What type of insider is Randall Garutti at Block Inc (XYZ)?

Randall Garutti serves as a Director on Block Inc's Board, as indicated by the 'X' marked in the Director box on the Form 4 filing.