Block CFO reports tax-related sale of 1,101 company shares
Block, Inc.'s CFO and COO reported a sale of 1,101 shares of Class A common stock on January 2, 2026 at $63.98 per share.
Rhea-AI Filing Summary
Block, Inc.'s CFO and COO reported a sale of 1,101 shares of Class A common stock on January 2, 2026 at $63.98 per share. According to the filing, these shares were automatically sold to cover the company’s income tax withholding and remittance obligations related to vesting restricted stock units, rather than a discretionary open‑market sale. After this transaction, the executive beneficially owned 271,864 shares directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,101 | $63.98 | $70K |
Footnotes (1)
- F1. Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units.
FAQ
What insider transaction did Block, Inc. (XYZ) report in this Form 4?
The filing reports that Block, Inc.'s CFO and COO sold 1,101 shares of Class A common stock on January 2, 2026 at $63.98 per share.
What is the role of the reporting person in Block, Inc. (XYZ)?
The reporting person is an officer of Block, Inc., serving as both CFO & COO, and filed the Form 4 as a single reporting person.
Was this Block, Inc. (XYZ) Form 4 filed for non-derivative or derivative securities?
The reported transaction involves non-derivative securities, specifically Class A common stock, listed in Table I of the filing. No derivative securities are reported in Table II.
AI-generated analysis. How Rhea-AI works. Not financial advice.