Block executive tax-related sale of 9,959 shares disclosed in Form 4
Rhea-AI Filing Summary
Block, Inc. executive share sale disclosed in Form 4 filing
Block, Inc.'s CFO and COO reported the sale of 9,959 shares of Class A common stock on 11/21/2025 at a price of $61.4 per share. The filing explains that these shares were automatically sold to cover the company’s income tax withholding and remittance obligations related to the vesting of restricted stock units, meaning the transaction was tied to equity compensation rather than an open-market discretionary sale. After this transaction, the executive beneficially owned 272,965 shares directly.
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FAQ
What did Block, Inc. (XYZ) disclose in this Form 4 filing?
The filing reports that Block, Inc.'s CFO and COO sold 9,959 shares of Class A common stock on 11/21/2025 at $61.4 per share, in connection with restricted stock unit vesting.
Who is the reporting person in this Block, Inc. (XYZ) Form 4?
The reporting person is an officer of Block, Inc. serving as CFO & COO, filing individually as indicated by the Form filed by one reporting person box.
How many Block, Inc. shares were sold and at what price?
The Form 4 shows a sale of 9,959 shares of Class A common stock at a price of $61.4 per share on 11/21/2025.
Why were the Block, Inc. (XYZ) shares sold in this transaction?
The filing states that the 9,959 shares represent stock automatically sold to satisfy Block, Inc.'s income tax withholding and remittance obligations related to the vesting of restricted stock units.
How many Block, Inc. shares does the executive own after this sale?
Following the reported transaction, the executive beneficially owned 272,965 shares of Block, Inc. Class A common stock, held directly.
Does this Block, Inc. Form 4 involve any derivative securities?
The Table II section for derivative securities is present but does not list any specific derivative transactions or holdings in the provided content.