Block director Meeker granted 311 RSUs
Meeker Mary G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Meeker Mary G reported acquisition or exercise transactions in this Form 4 filing.
Block, Inc. director Mary G. Meeker reported receiving an award of 311 shares of Class A Common Stock in the form of restricted stock units. These RSUs were granted under the company’s Outside Director Compensation Policy and were 100% vested on the grant date.
After the grant, Meeker directly holds 421,683 shares of Class A Common Stock. Separately, 5,817 shares are held indirectly through KPCB sFund Associates, LLC, where she may share voting and investment power but disclaims beneficial ownership except for her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 311 shares
Grant/Award
2 txns
Insider
Meeker Mary G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 311 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 421,683 shares (Direct);
Class A Common Stock — 5,817 shares (Indirect, See Footnote)
Footnotes (2)
- F1. 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.
- F2. The shares are held directly by KPCB sFund Associates, LLC ("sFund Associates"). The reporting person is a member of sFund Associates and may be deemed to share voting and investment power over the securities held by sFund Associates. The reporting person disclaims beneficial ownership over such securities except to the extent of her 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: 311 shares
Direct holdings after grant: 421,683 shares
Indirect holdings via LLC: 5,817 shares
+1 more
4 metrics
RSU grant size
311 shares
Restricted stock units of Class A Common Stock granted to director
Direct holdings after grant
421,683 shares
Mary G. Meeker direct Class A Common Stock ownership following award
Indirect holdings via LLC
5,817 shares
Class A Common Stock held by KPCB sFund Associates, LLC
RSU vesting status
100% vested
Vesting status of RSUs as of the grant date under director policy
Key Terms
restricted stock unit (RSU), Outside Director Compensation Policy, pecuniary interest, beneficial ownership, +1 more
5 terms
restricted stock unit (RSU) financial
"Each share is represented by a restricted stock unit (RSU)."
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"
pecuniary interest financial
"disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein"
beneficial ownership financial
"shall not be deemed an admission of beneficial ownership of the reported securities"
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.
voting and investment power financial
"may be deemed to share voting and investment power over the securities held"
FAQ
What insider transaction did Block (XYZ) director Mary Meeker report?
Mary G. Meeker reported receiving 311 restricted stock units of Block Class A Common Stock. The award was granted under the company’s Outside Director Compensation Policy, with each RSU representing one share upon settlement and fully vested on the grant date.
What are the terms of the restricted stock units granted to Mary Meeker at Block (XYZ)?
Each RSU granted to Mary G. Meeker represents a contingent right to receive one share of Block’s Class A Common Stock upon settlement. The RSUs were issued under the Outside Director Compensation Policy and were 100% vested as of the date of grant.
Is Mary Meeker’s RSU award at Block (XYZ) an open-market purchase or sale?
No, the 311-share award is classified as a grant or award acquisition, not an open-market trade. It was issued at a reported price of $0.0000 per share under Block’s Outside Director Compensation Policy as part of her director compensation.
Does Mary Meeker retain any stock options or derivatives in this Block (XYZ) filing?
The derivative summary in the filing is empty, indicating no derivative securities such as stock options or warrants are reported for Mary G. Meeker in this Form 4. The transactions disclosed relate only to Class A Common Stock and RSUs.
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