Tech Veteran Mary Meeker Grows Stake in Block with Latest Board Compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mary G. Meeker, Director at Block Inc (XYZ), received an automatic annual restricted stock unit (RSU) award on June 17, 2025. The transaction details include:
- Acquisition of 4,343 RSUs at $0 cost as part of Block's Outside Director Compensation Policy
- RSUs will fully vest on the earlier of June 17, 2026, or the next annual stockholders' meeting
- Following the transaction, Meeker directly owns 420,549 shares of Class A Common Stock
- Additionally holds indirect ownership of 5,817 shares through KPCB sFund Associates, LLC
Each RSU represents a right to receive one share of Block's Class A Common Stock upon settlement. The filing indicates Meeker's continued involvement in Block's board governance structure and standard director compensation practices.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Meeker Mary G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,343 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 420,549 shares (Direct);
Class A Common Stock — 5,817 shares (Indirect, See Footnote)
Footnotes (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. The shares are held directly by KPCB sFund Associates, LLC ("sFund Associates"). The reporting person is a member of sFund Associates and may be deemed to share voting and investment power over the securities held by sFund Associates. The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
FAQ
When will Mary Meeker's XYZ RSU grant vest?
The RSUs will vest 100% on the earlier of June 17, 2026, or the date of XYZ's next annual meeting of stockholders.
What is the purchase price of XYZ RSUs granted to Mary Meeker?
The RSUs were granted at $0 cost to Mary Meeker as part of XYZ's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement.