Block Director Receives $4,343 Annual Stock Grant, Vesting in 2026
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,343 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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