Block Director Amy Brooks Receives $4,343 Annual Stock Grant
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,343 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 17, 2026, or the date of the Issuer's next annual meeting of stockholders.
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