Block CAO has 5,709 shares withheld for taxes
Block, Inc. (XYZ) reported an insider equity transaction by Chief Accounting Officer Andrea Acosta.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Block, Inc. (XYZ) reported an insider equity transaction by Chief Accounting Officer Andrea Acosta. On 2026-08-20, 5,709 shares of Class A Common Stock were withheld by Block to satisfy income tax, withholding and remittance obligations arising from the net settlement of restricted stock units, at a reference price of $80.08 per share. The filing states this did not represent an open-market sale, and Acosta’s directly held stake after this withholding was 106,482 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 5,709 | $80.08 | $457K |
Footnotes (1)
- F1. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person.
Key Figures
Key Terms
restricted stock units financial
net settlement financial
withholding and remittance obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Block, Inc. (XYZ) report for Andrea Acosta?
Was the Block, Inc. (XYZ) Form 4 transaction an open-market sale?
Was Andrea Acosta’s Block, Inc. (XYZ) Form 4 filed under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.