Block Director Mary Meeker Receives $4,343 Annual Stock Grant
Mary G. Meeker, Director at Block Inc (XYZ), received an automatic annual restricted stock unit (RSU) award on June 17, 2025.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,343 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. 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
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