Block's Board Compensation Revealed: Director Gets $0 Cost Stock Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Block, Inc. Director Paul Deighton received an automatic annual restricted stock unit (RSU) award on June 17, 2025, as part of the company's Outside Director Compensation Policy. The transaction details include:
- Acquired 4,343 RSUs at $0 cost basis
- Following the transaction, Deighton directly owns 47,623 shares of Class A Common Stock
- The RSUs will fully vest on the earlier of June 17, 2026, or the date of the next annual stockholder meeting
- Each RSU represents a right to receive one share of Class A Common Stock upon settlement
The Form 4 filing was submitted by Susan Szotek as attorney-in-fact on June 18, 2025, in compliance with SEC regulations for insider trading reporting requirements. This routine grant aligns with the company's director compensation structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deighton Paul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,343 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 47,623 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for XYZ Director Paul Deighton's RSU grant?
The RSUs will vest 100% on the earlier of June 17, 2026, or the date of XYZ's next annual meeting of stockholders. Each RSU represents a contingent right to receive one share of XYZ's Class A Common Stock upon settlement.
What was the purchase price of XYZ RSUs granted to Director Paul Deighton?
The RSUs were granted at $0 cost to Paul Deighton, as they were issued as part of XYZ's Outside Director Compensation Policy as annual board compensation.
Who filed this Form 4 for XYZ (Block, Inc.)?
The Form 4 was filed on behalf of Paul Deighton by Susan Szotek, serving as Attorney-in-Fact, and was signed on June 18, 2025.