Block's Board Compensation Revealed: Director Gets 4,343 Restricted Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Block Director Amy Brooks received an automatic annual grant of 4,343 restricted stock units (RSUs) on June 17, 2025, as part of the company's Outside Director Compensation Policy. The RSUs were awarded at $0 cost and represent the right to receive an equivalent number of Block Class A Common Stock shares.
Key details of the transaction:
- Following the grant, Brooks now beneficially owns 25,743 shares directly
- The RSUs will fully vest on the earlier of June 17, 2026, or the date of Block's next annual stockholder meeting
- Each RSU converts to one share of Class A Common Stock upon settlement
- The transaction was reported via Form 4 filing, signed by Susan Szotek as attorney-in-fact
This routine director compensation grant aligns with Block's governance practices for non-employee board members, creating additional equity ownership stake for the director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brooks Amy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,343 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 25,743 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for Amy Brooks' XYZ 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.
What was the purchase price of XYZ RSUs granted to Amy Brooks?
The RSUs were granted at $0 cost to Amy Brooks as part of XYZ's Outside Director Compensation Policy, representing an automatic annual RSU award.
Is Amy Brooks an insider or executive at XYZ (Block, Inc.)?
Amy Brooks serves as a Director (Board Member) at XYZ but does not hold any executive officer position at the company, as indicated by her relationship designation on the Form 4.