Block (XYZ) director Roelof Botha receives 332 fully vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOTHA ROELOF reported acquisition or exercise transactions in this Form 4 filing.
Block, Inc. director Roelof Botha reported receiving a grant of 332 restricted stock units (RSUs) of Class A Common Stock on April 1, 2026 at no cost. The RSUs were issued under the company’s Outside Director Compensation Policy and were 100% vested on the grant date.
Each RSU represents a contingent right to receive one Block Class A share upon settlement. Following this award, Botha directly holds 37,039 shares. The filing also lists substantial additional Block holdings reported as indirectly owned through various Sequoia Capital investment funds and an estate planning vehicle, with beneficial ownership of the fund-related positions disclaimed except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
BOTHA ROELOF
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 332 | $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 — 37,039 shares (Direct);
Class A Common Stock — 1,862 shares (Indirect, Sequoia Capital U.S. Growth Fund IV, L.P.)
Footnotes (1)
- 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. The RSUs were issued pursuant to the Issuer's Outside Director Compensation Policy, and 100% of the RSUs were vested as of the date of grant. 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. 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. 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.
Key Figures
RSU grant size: 332 RSUs
RSU grant price: $0.00 per share
Direct holdings after grant: 37,039 shares
+5 more
8 metrics
RSU grant size
332 RSUs
Award of Class A Common Stock RSUs on April 1, 2026
RSU grant price
$0.00 per share
Price per share for the 332 RSUs granted
Direct holdings after grant
37,039 shares
Block Class A Common Stock directly owned following RSU award
Estate planning vehicle holdings
684,741 shares
Block Class A shares reported as indirectly owned via estate planning vehicle
Sequoia US/E Expansion Fund I holdings
540,646 shares
Indirect Block Class A holdings through Sequoia Capital US/E Expansion Fund I, L.P.
SC US/E Expansion Fund I Management holdings
434,405 shares
Indirect Block Class A holdings through SC US/E Expansion Fund I Management, L.P.
Sequoia U.S. Growth Fund IV holdings
1,862 shares
Indirect Block Class A holdings via Sequoia Capital U.S. Growth Fund IV, L.P.
Sequoia U.S. Venture Fund XV holdings
11,388 shares
Indirect Block Class A holdings via Sequoia Capital U.S. Venture Fund XV, L.P.
Key Terms
restricted stock unit (RSU), Outside Director Compensation Policy, pecuniary interest, estate planning vehicle, +1 more
5 terms
restricted stock unit (RSU) financial
"Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right..."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Outside Director Compensation Policy financial
"The RSUs were issued pursuant to the Issuer's Outside Director Compensation Policy, and 100% of the RSUs..."
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of the securities held... except to the extent of his pecuniary interest therein..."
estate planning vehicle financial
""By estate planning vehicle" is listed as the nature of indirect ownership for 684,741 shares..."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities held by the SC GFIV Funds..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Block (XYZ) director Roelof Botha report?
Roelof Botha reported receiving a grant of 332 restricted stock units (RSUs) of Block Class A Common Stock. The award was issued under Block’s Outside Director Compensation Policy and was fully vested on the grant date, providing a contingent right to receive one share for each RSU upon settlement.
What are the terms of Roelof Botha’s 332 RSU grant from Block (XYZ)?
The 332 RSUs each represent a contingent right to receive one share of Block Class A Common Stock upon settlement. They were granted under Block’s Outside Director Compensation Policy, carried a price per share of $0.00, and were 100% vested as of the April 1, 2026 grant date.
How are Sequoia Capital funds involved in Roelof Botha’s Block (XYZ) holdings?
The filing reports Block shares held indirectly through multiple Sequoia Capital funds, including U.S. Growth Fund IV and U.S. Venture Fund XV entities. Footnotes state Botha is a director and stockholder of the general partner and disclaims beneficial ownership of these fund-held shares beyond his pecuniary interest.