STOCK TITAN

Block (XYZ) CAO has 5,709 shares withheld for stock-award taxes

(Moderate)
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Acosta Andrea
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 5,709 $80.08 $457K
Holdings After Transaction: Class A Common Stock — 106,482 shares (Direct)
Footnotes (1)
  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.
Shares withheld for tax 5,709 shares Shares of Class A Common Stock withheld on 2026-08-20 to satisfy income tax, withholding and remittance obligations tied to RSU net settlement
Reference price per share $80.08 per share Price reported for the 5,709 withheld shares in the tax-withholding Form 4 transaction
Shares owned after transaction 106,482 shares Directly held Block, Inc. Class A Common Stock by Andrea Acosta following the withholding transaction
restricted stock units financial
"in connection with the net settlement of restricted stock units and does not"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"obligations in connection with the net settlement of restricted stock units"
withholding and remittance obligations financial
"satisfy its income tax and withholding and remittance obligations in connection"

FAQ

What insider transaction did Block, Inc. (XYZ) report for Andrea Acosta?

Block reported that Chief Accounting Officer Andrea Acosta had 5,709 shares of Class A Common Stock withheld on 2026-08-20 to satisfy income tax, withholding and remittance obligations related to net settlement of restricted stock units, rather than an open-market sale.

Was the Block, Inc. (XYZ) Form 4 transaction an open-market sale?

No. The Form 4 states the 5,709 shares were withheld by Block, Inc. to satisfy income tax, withholding and remittance obligations in connection with net settlement of restricted stock units and does not represent a sale by Andrea Acosta.

How many Block, Inc. (XYZ) shares does Andrea Acosta hold after the transaction?

After the tax-withholding transaction, Chief Accounting Officer Andrea Acosta directly holds 106,482 shares of Block, Inc. Class A Common Stock, as reported in the Form 4 filing.

What price per share was used for Andrea Acosta’s tax-withholding transaction at Block, Inc. (XYZ)?

The Form 4 reports a reference price of $80.08 per share for the 5,709 shares withheld to cover income tax, withholding and remittance obligations tied to the restricted stock unit net settlement.

Was Andrea Acosta’s Block, Inc. (XYZ) Form 4 filed under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and there is no footnote indicating that this tax-withholding transaction was executed pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Acosta Andrea

(Last)(First)(Middle)
1955 BROADWAY
SUITE 600

(Street)
OAKLAND CALIFORNIA 94612

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/20/2026F5,709(1)D$80.08106,482D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Tyler Owens, Attorney-in-Fact08/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)