STOCK TITAN

Block (XYZ) director Paul Deighton gets RSU award as shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Block, Inc. director Paul Deighton reported routine equity compensation activity involving Class A Common Stock. He received a grant of 3,682 restricted stock units (RSUs) under the company’s Outside Director Compensation Policy, with each RSU representing one share upon settlement. These RSUs vest 100% on the earlier of June 16, 2027, or the next annual stockholder meeting. To cover income tax obligations on a separate RSU net settlement, 1,955 shares were automatically withheld by the company, which the filing states does not represent a sale by Deighton. After these transactions, he directly holds 51,305 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Deighton Paul
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 3,682 $0.00 --
Tax Withholding Class A Common Stock 1,955 $74.68 $146K
Holdings After Transaction: Class A Common Stock — 51,305 shares (Direct, null)
Footnotes (1)
  1. 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 16, 2027, or the date of the Issuer's next annual meeting of stockholders. 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.
RSU award 3,682 units Automatic annual restricted stock unit grant to director
Shares withheld for tax 1,955 shares Withheld to satisfy income tax and withholding obligations
Tax withholding reference price $74.68 per share Value used for 1,955-share tax-withholding disposition
Shares held after award 51,305 shares Total Class A Common Stock held directly after transactions
RSU vesting date June 16, 2027 RSUs vest on this date or the next annual meeting, whichever is earlier
restricted stock unit (RSU) financial
"Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Outside Director Compensation Policy financial
"Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy."
net settlement financial
"in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person."
withholding and remittance obligations financial
"to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units"
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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*
Deighton Paul

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
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 Stock06/16/2026A3,682(1)A$051,305D
Class A Common Stock06/16/2026F1,955(2)D$74.6849,350D
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 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 16, 2027, or the date of the Issuer's next annual meeting of stockholders.
2. 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-Fact06/18/2026
** 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 transactions did Block (XYZ) director Paul Deighton report?

Paul Deighton reported receiving 3,682 restricted stock units and having 1,955 shares withheld for taxes. These are routine compensation and tax-withholding entries, not open-market trades, and leave him with 51,305 Class A Common Stock shares held directly.

Was there an open-market sale of Block (XYZ) shares in this Form 4?

No open-market sale occurred in this Form 4. The 1,955 shares shown as a disposition were withheld by Block to satisfy income tax obligations on RSU settlement, and the filing explicitly states this does not represent a sale by Paul Deighton.

What equity award did Paul Deighton receive from Block (XYZ)?

Paul Deighton received an automatic annual award of 3,682 restricted stock units under Block’s Outside Director Compensation Policy. Each RSU represents a contingent right to one Class A share, vesting fully on June 16, 2027, or at the next annual stockholder meeting, whichever comes first.

How many Block (XYZ) shares does Paul Deighton hold after these transactions?

After the reported transactions, Paul Deighton directly holds 51,305 shares of Block’s Class A Common Stock. This figure reflects the net result of the RSU award and the 1,955 shares withheld by the company to meet related income tax and withholding obligations.

Why were 1,955 Block (XYZ) shares disposed of in the Form 4?

The 1,955 shares were withheld by Block to cover income tax and withholding obligations from the net settlement of restricted stock units. According to the footnote, this is a tax-withholding mechanism and does not represent a discretionary sale by Paul Deighton in the market.