STOCK TITAN

Block, Inc. (XYZ) engineering lead reports RSU tax-withholding share disposition

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Block, Inc. Engineering Lead Arnaud Weber reported a routine tax-related share disposition. On this Form 4, 14,005 shares of Class A Common Stock were withheld by the company at $70.89 per share to cover income tax obligations tied to net settlement of restricted stock units.

The filing states this withholding does not represent an open-market sale by Weber. After the transaction, he directly holds 526,156 shares of Class A Common Stock, indicating he retains a substantial equity position in the company.

Positive

  • None.

Negative

  • None.
Insider Weber Arnaud
Role Engineering Lead
Type Security Shares Price Value
Tax Withholding Class A Common Stock 14,005 $70.89 $993K
Holdings After Transaction: Class A Common Stock — 526,156 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 14,005 shares Shares withheld to satisfy income tax on RSU settlement
Withholding price $70.89 per share Value used for tax-withholding disposition
Shares held after transaction 526,156 shares Direct ownership of Class A Common Stock following withholding
restricted stock units financial
"in connection with the net settlement of restricted stock units and does not represent a sale"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"in connection with the net settlement of restricted stock units and does not represent a sale"
withheld by the Issuer financial
"Represents shares that have been withheld by the Issuer to satisfy its income tax"
income tax and withholding and remittance obligations financial
"to satisfy its income tax and withholding and remittance obligations in connection with the net settlement"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Weber Arnaud

(Last)(First)(Middle)
1955 BROADWAY
SUITE 600

(Street)
OAKLAND CALIFORNIA 94612

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Engineering Lead
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock05/20/2026F14,005(1)D$70.89526,156D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person.
Remarks:
/s/ Susan Szotek, Attorney-in-Fact05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Block, Inc. (XYZ) report for Arnaud Weber?

Block, Inc. reported that Engineering Lead Arnaud Weber had 14,005 Class A shares withheld to cover income tax obligations from restricted stock unit settlement, rather than executing an open-market sale, and he continues to hold a significant number of shares afterward.

Was Arnaud Weber’s Block, Inc. Form 4 transaction an open-market sale?

No, the Form 4 states the 14,005 Block, Inc. shares were withheld by the issuer to satisfy income tax and withholding obligations on restricted stock units, and explicitly notes this does not represent a sale by Arnaud Weber in the open market.

How many Block, Inc. shares does Arnaud Weber hold after this Form 4 event?

Following the tax-withholding transaction, Arnaud Weber directly holds 526,156 shares of Block, Inc. Class A Common Stock, indicating that the withholding affected only a small portion of his overall stake in the company.

What price per share was used for the Block, Inc. tax withholding on Arnaud Weber’s RSUs?

The tax-withholding disposition on Arnaud Weber’s Block, Inc. Form 4 used a price of $70.89 per share for 14,005 Class A Common Stock shares that were withheld to satisfy income tax and related remittance obligations.

What does the Block, Inc. Form 4 footnote say about Arnaud Weber’s transaction?

The Form 4 footnote explains that the 14,005 Block, Inc. shares were withheld by the issuer to cover income tax and withholding obligations on restricted stock unit settlement and clarifies that this transaction does not represent a sale by the reporting person.