Block, Inc. (XYZ) director discloses RSU grant and indirect share ownership
Rhea-AI Filing Summary
Block, Inc. director reported an equity compensation grant and updated share ownership. On 01/02/2026, the director acquired 192 shares of Class A Common Stock, in the form of restricted stock units, at a price of $0 under the company’s Outside Director Compensation Policy, with all units fully vested on the grant date.
After this transaction, the director beneficially owns 28,652 Class A shares directly. Additional indirect holdings include 1,779 shares held by an immediate family member, 20,812 shares held by SC Panther, LLC, and 296 shares held by SC Vessel 5, LLC, entities for which the director is the sole member.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 192 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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. The shares are held of record by an immediate family member of the Reporting Person. The shares are held of record by SC Panther, LLC, for which the Reporting Person serves as the sole member. The shares are held of record by SC Vessel 5, LLC, for which the Reporting Person serves as the sole member.
FAQ
What did Block, Inc. (XYZ) disclose in this Form 4 filing?
The filing shows a Block, Inc. director acquired 192 Class A shares through restricted stock units on 01/02/2026 and reports updated direct and indirect share ownership.
Were the restricted stock units for the Block, Inc. director vested immediately?
Yes. The filing states that 100% of the restricted stock units were vested as of the date of grant under the Outside Director Compensation Policy.
What type of security is involved in this Block, Inc. Form 4 filing?
The filing involves Class A Common Stock of Block, Inc., delivered through restricted stock units that each represent the right to receive one share upon settlement.