Block business lead granted 268,727 RSUs
Jennings Owen Britton reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Jennings Owen Britton reported acquisition or exercise transactions in this Form 4 filing.
Block, Inc. reported that Business Lead Jennings Owen Britton received an award of 268,727 shares of Class A Common Stock in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share upon settlement, subject to a long-term vesting schedule.
According to the filing, 1/16 of the RSUs will vest on May 20, 2026, with additional 1/16 portions vesting every three months through February 20, 2030. After this grant, Britton directly holds 498,818 shares of Block’s Class A Common Stock, reflecting a substantial equity-based compensation position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 268,727 | $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
Class A Common Stock financial
vest financial
contingent right financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.