Block executive awarded 117,569 RSUs
Grassadonia Brian reported acquisition or exercise transactions in this Form 4 filing.
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.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 117,569 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 1/16th of the RSUs will vest on May 20, 2026 and each three months thereafter through February 20, 2030.
Key Figures
Key Terms
restricted stock unit (RSU) financial
contingent right financial
vest financial
Class A Common Stock financial
FAQ
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