Block (XYZ) officer sells 1,901 shares in planned stock trades
Rhea-AI Filing Summary
Block, Inc. (XYZ) reported that officer Jennings Owen Britton, a Business Lead, disclosed several transactions in Class A Common Stock. On August 24, 2026, he sold 1,317 shares at $81.48 per share, and on August 21, 2026, he sold 584 shares at $80.04 per share, in open-market or private transactions effected under a Rule 10b5-1 trading plan adopted on September 2, 2025. On August 20, 2026, 17,633 shares at $80.08 per share were withheld by Block to cover income tax obligations upon net settlement of restricted stock units, which the company states does not represent a sale by the reporting person.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 19,534 shares
Net Sell
3 txns
Insider
Jennings Owen Britton
Role
Business Lead
Sold
1,901 shs ($154K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 1,317 | $81.48 | $107K |
| Sale | Class A Common Stock F2 | 584 | $80.04 | $47K |
| Tax Withholding | Class A Common Stock F1 | 17,633 | $80.08 | $1.41M |
Holdings After Transaction:
Class A Common Stock — 460,128 shares (Direct)
Footnotes (2)
- 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.
- F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on September 2, 2025.
Key Figures
Shares sold on 2026-08-24: 1,317 shares at $81.48 per share
Shares sold on 2026-08-21: 584 shares at $80.04 per share
Shares withheld for tax on 2026-08-20: 17,633 shares at $80.08 per share
+2 more
5 metrics
Shares sold on 2026-08-24
1,317 shares at $81.48 per share
Open-market or private sale of Class A Common Stock by Jennings Owen Britton
Shares sold on 2026-08-21
584 shares at $80.04 per share
Open-market or private sale of Class A Common Stock by Jennings Owen Britton
Shares withheld for tax on 2026-08-20
17,633 shares at $80.08 per share
Shares withheld by Block to satisfy income tax and withholding obligations on RSU net settlement; not a sale
Total shares sold
1,901 shares
Combined open-market or private sales on August 21 and 24, 2026
Shares involved in tax-liability transaction
17,633 shares
Code F transaction for tax withholding related to restricted stock units
Key Terms
Rule 10b5-1 trading plan, net settlement of restricted stock units, withheld by the Issuer
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
net settlement of restricted stock units 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"
FAQ
What insider transactions did Block, Inc. (XYZ) report for Jennings Owen Britton?
Jennings Owen Britton reported two stock sales and one tax-withholding event. He sold 1,317 shares on August 24, 2026, and 584 shares on August 21, 2026, and 17,633 shares were withheld on August 20, 2026 to satisfy tax obligations on restricted stock units.
Were the Block, Inc. (XYZ) insider sales by Jennings Owen Britton under a Rule 10b5-1 plan?
Yes. The company states that the sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on September 2, 2025.
What prices were received in Jennings Owen Britton’s Block, Inc. (XYZ) stock sales?
According to the filing, 1,317 shares of Class A Common Stock were sold at $81.48 per share on August 24, 2026, and 584 shares were sold at $80.04 per share on August 21, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.