STOCK TITAN

Block (XYZ) grants 117,569 RSUs to Ecosystem Lead Brian Grassadonia

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Grassadonia Brian reported acquisition or exercise transactions in this Form 4 filing.

Block, Inc. reported that Ecosystem Lead Brian Grassadonia received an equity grant of 117,569 restricted stock units (RSUs), each representing one share of Class A Common Stock upon settlement. The award was recorded at a price of $0.00 per share as a compensation grant.

According to the vesting schedule, 1/16 of the RSUs will vest on May 20, 2026, with additional 1/16 portions vesting every three months through February 20, 2030. Following this grant, Grassadonia directly holds 618,332 shares of Class A Common Stock.

Positive

  • None.

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Insider Grassadonia Brian
Role Ecosystem Lead
Type Security Shares Price Value
Grant/Award Class A Common Stock 117,569 $0.00 --
Holdings After Transaction: Class A Common Stock — 618,332 shares (Direct)
Footnotes (1)
  1. Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 1/16th of the RSUs will vest on May 20, 2026 and each three months thereafter through February 20, 2030.
RSU grant size 117,569 RSUs Equity award to Ecosystem Lead Brian Grassadonia
Post-grant holdings 618,332 shares Class A Common Stock directly held after transaction
Grant price per share $0.00 per share Recorded transaction price for RSU award
Initial vesting date May 20, 2026 1/16 of RSUs vest on this date
Final vesting date February 20, 2030 Quarterly vesting continues through this date
Vesting fraction 1/16 per tranche RSUs vest in equal quarterly installments
restricted stock unit (RSU) financial
"Each share is represented by a restricted stock unit (RSU)."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
contingent right financial
"Each RSU represents a contingent right to receive one share"
vest financial
"1/16th of the RSUs will vest on May 20, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock upon settlement"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
SEC Form 4
FORM 4UNITED 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*
Grassadonia Brian

(Last)(First)(Middle)
1955 BROADWAY
SUITE 600

(Street)
OAKLAND CALIFORNIA 94612

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Ecosystem Lead
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/07/2026A117,569(1)(2)A$0618,332D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
2. 1/16th of the RSUs will vest on May 20, 2026 and each three months thereafter through February 20, 2030.
Remarks:
/s/ Susan Szotek, Attorney-in-Fact04/09/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Block (XYZ) disclose in this Form 4 for Brian Grassadonia?

Block disclosed that Ecosystem Lead Brian Grassadonia received 117,569 restricted stock units as an equity grant. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement, increasing his direct holdings to 618,332 shares.

How many RSUs did Brian Grassadonia receive from Block (XYZ)?

Brian Grassadonia received 117,569 restricted stock units from Block. Each RSU corresponds to one share of Class A Common Stock upon settlement, making this a sizable stock-based compensation award rather than a cash transaction in the open market.

What is the vesting schedule for Brian Grassadonia’s Block (XYZ) RSUs?

The RSUs vest over nearly four years. One sixteenth of the 117,569 RSUs will vest on May 20, 2026, with additional one-sixteenth portions vesting every three months thereafter until February 20, 2030, subject to continued service and plan terms.

After this grant, how many Block (XYZ) shares does Brian Grassadonia hold?

After the RSU grant, Brian Grassadonia directly holds 618,332 shares of Block’s Class A Common Stock. This figure includes the effect of the reported award and reflects his ownership position following the transaction disclosed in the Form 4 filing.

Was Brian Grassadonia buying Block (XYZ) shares on the open market?

No, the filing describes a grant or award acquisition of 117,569 RSUs at a stated price of $0.00 per share. This indicates stock-based compensation rather than an open-market purchase or sale of Block’s Class A Common Stock.

What does a restricted stock unit (RSU) mean in Block (XYZ)’s filing?

The filing explains that each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement. The shares are delivered as the RSUs vest over time according to the disclosed schedule, rather than being issued immediately.