Block director awarded 246 RSUs in stock grant
Meeker Mary G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Meeker Mary G reported acquisition or exercise transactions in this Form 4 filing.
Block, Inc. director Mary G. Meeker received a grant of 246 restricted stock units, each representing one share of Class A Common Stock. The RSUs were issued under the company’s Outside Director Compensation Policy and were fully vested on the grant date.
After this award, she holds 425,611 shares directly and 5,817 shares indirectly through KPCB sFund Associates, LLC. Her indirect holdings are reported with a disclaimer that she may be deemed to share voting and investment power only to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 246 shares
Grant/Award
2 txns
Insider
Meeker Mary G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 246 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 425,611 shares (Direct);
Class A Common Stock — 5,817 shares (Indirect, See Footnote)
Footnotes (2)
- F1. 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.
- F2. The shares are held directly by KPCB sFund Associates, LLC ("sFund Associates"). The reporting person is a member of sFund Associates and may be deemed to share voting and investment power over the securities held by sFund Associates. The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Key Figures
RSU award size: 246 shares
Direct holdings after award: 425,611 shares
Indirect holdings: 5,817 shares
+2 more
5 metrics
RSU award size
246 shares
Grant of restricted stock units coded as acquisition (A)
Direct holdings after award
425,611 shares
Class A Common Stock held directly after RSU grant
Indirect holdings
5,817 shares
Class A Common Stock held indirectly via KPCB sFund Associates, LLC
RSU vesting
100%
RSUs fully vested as of the date of grant
Acquire transactions
1 transaction
Form 4 transactionSummary acquireCount
Key Terms
restricted stock unit (RSU), Outside Director Compensation Policy, Class A Common Stock, pecuniary interest, +1 more
5 terms
restricted stock unit (RSU) financial
"Each share is represented by a restricted stock unit (RSU)."
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
"The RSUs were issued pursuant to the Issuer's Outside Director Compensation Policy"
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
pecuniary interest financial
"disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein"
beneficial ownership financial
"shall not be deemed an admission of beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Mary G. Meeker report at Block, Inc. (XYZ)?
Mary G. Meeker reported receiving 246 restricted stock units, each equal to one share of Block Class A Common Stock. This was a stock-based compensation award, not an open-market purchase or sale, and was granted under the company’s Outside Director Compensation Policy.
Was Mary G. Meeker’s Block (XYZ) Form 4 a buy or a sell?
The Form 4 does not show any open-market buy or sell. It reports an acquisition coded “A” for 246 restricted stock units as a grant or award, which is compensation-related and separate from discretionary purchases or sales in the market.
What are the terms of the RSUs reported by Mary G. Meeker at Block (XYZ)?
Each restricted stock unit represents a contingent right to receive one share of Block’s Class A Common Stock upon settlement. According to the filing, 100% of these RSUs were vested as of the grant date under the Outside Director Compensation Policy.
How are Mary G. Meeker’s indirect Block (XYZ) holdings structured?
Indirect holdings are reported as 5,817 shares held by KPCB sFund Associates, LLC. The filing notes she is a member of this entity, may share voting and investment power, and disclaims beneficial ownership beyond her pecuniary interest in those securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
