Block insider reports tax withholding on RSUs
Block, Inc. Engineering Lead Arnaud Weber reported a routine tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 14,005 | $70.89 | $993K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
net settlement financial
withheld by the Issuer financial
income tax and withholding and remittance obligations financial
FAQ
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