Block officer uses shares to cover tax withholding

Block, Inc. Chief Accounting Officer Dale Ajmere reported a tax-related share withholding tied to restricted stock units.

Rhea-AI Filing Summary

Block, Inc. Chief Accounting Officer Dale Ajmere reported a tax-related share withholding tied to restricted stock units. On February 20, 2026, 1,954 shares of Class A Common Stock at $53.22 per share were withheld by the company to cover income tax obligations, leaving 96,458 shares held directly afterward. The footnote clarifies this was not an open-market sale by Ajmere.

Insider Trade Summary

Exercise Price or Tax Liability: 1,954 shares

Exercise Price or Tax Liability 1 txn

Insider Dale Ajmere

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	1,954	$53.22	$104K

Holdings After Transaction: Class A Common Stock — 96,458 shares (Direct)

Footnotes (1)

1. F1. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Block, Inc. (XYZ) report for Dale Ajmere?

Block, Inc. reported a tax-related share withholding for Chief Accounting Officer Dale Ajmere. On February 20, 2026, 1,954 Class A shares were withheld in connection with the net settlement of restricted stock units to satisfy income tax and withholding obligations.

Was the Dale Ajmere Form 4 for Block, Inc. (XYZ) an open-market sale?

No, the Form 4 does not show an open-market sale by Dale Ajmere. The filing states shares were withheld by Block, Inc. to satisfy income tax and withholding obligations from restricted stock unit settlement, and explicitly notes this does not represent a sale by the reporting person.

How many Block, Inc. (XYZ) shares were withheld for taxes in Dale Ajmere’s Form 4?

The Form 4 shows that 1,954 shares of Block, Inc. Class A Common Stock were withheld. These shares were used to cover income tax and withholding obligations related to the net settlement of restricted stock units on February 20, 2026, rather than being sold in the market.

What price per share was used in Dale Ajmere’s tax-withholding transaction for Block, Inc. (XYZ)?

The transaction used a price of $53.22 per share for the withheld stock. This value applies to the 1,954 Class A shares used to satisfy income tax and withholding obligations associated with the restricted stock unit net settlement on February 20, 2026.

How many Block, Inc. (XYZ) shares does Dale Ajmere hold after this Form 4 transaction?

After the tax-withholding transaction, Dale Ajmere directly holds 96,458 shares of Block, Inc. Class A Common Stock. This post-transaction holding reflects the deduction of the 1,954 shares withheld by the company to cover income tax and withholding obligations on restricted stock units.

What does transaction code F mean in Dale Ajmere’s Block, Inc. (XYZ) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects shares withheld by Block, Inc. to satisfy income tax and withholding obligations from restricted stock units, not an open-market purchase or sale by Dale Ajmere.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/24/2026 - 05:00 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Dale Ajmere

(Last) (First) (Middle)

1955 BROADWAY

SUITE 600

(Street)

OAKLAND CA 94612

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/20/2026		F		1,954(1)	D	$53.22	96,458	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person.

Remarks:

	/s/ Susan Szotek, Attorney-in-Fact	02/24/2026
	** Signature of Reporting Person	Date
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.