Block Director Receives $5.4K Stock Grant, Holds 1.7M Shares via Sequoia Capital
Block Inc Director Roelof Botha received an automatic annual grant of 5,448 restricted stock units (RSUs) on June 17, 2025, as part of the company's Outside Director Compensation Policy.
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Form Type
4
Rhea-AI Filing Summary
Block Inc Director Roelof Botha received an automatic annual grant of 5,448 restricted stock units (RSUs) on June 17, 2025, as part of the company's Outside Director Compensation Policy. The RSUs will fully vest on the earlier of June 17, 2026, or the next annual stockholder meeting.
Following the transaction, Botha's holdings include:
- Direct ownership: 35,830 shares of Class A Common Stock
- Indirect ownership: Approximately 1.7 million shares through various Sequoia Capital funds and an estate planning vehicle, including:
- 684,741 shares through estate planning vehicle
- 975,051 shares through Sequoia Capital funds (various partnerships)
As a director and stockholder of SC US (TTGP), Ltd., Botha disclaims beneficial ownership of securities held by Sequoia Capital funds except for his pecuniary interest.
Insider Trade Summary
Grant/Award: 5,448 shares
Grant/Award
10 txns
Insider
BOTHA ROELOF
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,448 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 35,830 shares (Direct);
Class A Common Stock — 1,862 shares (Indirect, Sequoia Capital U.S. Growth Fund IV, L.P.);
Class A Common Stock — 77 shares (Indirect, Sequoia Capital USGF Principals Fund IV, L.P.);
Class A Common Stock — 684,741 shares (Indirect, By estate planning vehicle);
Class A Common Stock — 11,388 shares (Indirect, Sequoia Capital U.S. Venture Fund XV, L.P.);
Class A Common Stock — 479 shares (Indirect, Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.);
Class A Common Stock — 171 shares (Indirect, Sequoia Capital U.S. Venture Partners Fund XV, L.P.);
Class A Common Stock — 1,750 shares (Indirect, Sequoia Capital U.S. Venture XV Principals Fund, L.P.);
Class A Common Stock — 540,646 shares (Indirect, Sequoia Capital US/E Expansion Fund I, L.P.);
Class A Common Stock — 434,405 shares (Indirect, SC US/E ExpansionFund I Management, L.P.)
Footnotes (4)
- F1. Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 17, 2026, or the date of the Issuer's next annual meeting of stockholders.
- F2. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SCGF IV Management,L.P., which is the general partner of Sequoia Capital U.S. Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P., or collectively, the SC GFIV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC GFIV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F3. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P. and Sequoia Capital U.S. Venture XV Principals Fund, L.P., or collectively, the SC USV XV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC USV XV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F4. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P., or collectively, the SC EXPI Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC EXPI Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many XYZ (Block, Inc.) RSUs did Director Roelof Botha receive on June 17, 2025?
Director Roelof Botha received 5,448 restricted stock units (RSUs) on June 17, 2025, as part of Block's automatic annual director compensation. These RSUs represent the right to receive an equal number of Class A Common Stock shares.
When do Roelof Botha's XYZ RSUs vest?
The RSUs will vest 100% on the earlier of either June 17, 2026, or the date of Block's next annual meeting of stockholders.
What is Roelof Botha's total indirect ownership of XYZ through Sequoia Capital funds?
Through various Sequoia Capital funds, Botha has indirect beneficial ownership of approximately 990,529 shares, including holdings through Sequoia Capital U.S. Growth Fund IV, Venture Fund XV, and US/E Expansion Fund I entities. Additionally, he holds 684,741 shares through an estate planning vehicle.
What was the purchase price of XYZ RSUs granted to Roelof Botha?
The RSUs were granted at $0 cost to Roelof Botha as part of Block's Outside Director Compensation Policy, representing compensation for his service as a director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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