Block Director Receives $4,343 Annual Stock Grant, Holds Over 50K Shares
Block, Inc. Director Shawn Corey Carter received an automatic annual grant of 4,343 restricted stock units (RSUs) on June 17, 2025, as part of the company's Outside Director Compensation Policy.
Rhea-AI Filing Summary
Block, Inc. Director Shawn Corey Carter received an automatic annual grant of 4,343 restricted stock units (RSUs) on June 17, 2025, as part of the company's Outside Director Compensation Policy. The RSUs will fully vest on the earlier of June 17, 2026, or the next annual stockholders' meeting date.
Following this transaction, Carter's beneficial ownership includes:
- 28,104 shares held directly
- 1,779 shares held by immediate family member
- 20,812 shares held through SC Panther, LLC
- 296 shares held through SC Vessel 5, LLC
The RSUs were granted at $0 cost and represent a contingent right to receive an equal number of Block Class A Common Stock shares upon settlement. This Form 4 filing was submitted by Carter's attorney-in-fact on June 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,343 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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 17, 2026, or the date of the Issuer's next annual meeting of stockholders.
- F2. The shares are held of record by an immediate family member of the Reporting Person.
- F3. The shares are held of record by SC Panther, LLC, for which the Reporting Person serves as the sole member.
- F4. The shares are held of record by SC Vessel 5, LLC, for which the Reporting Person serves as the sole member.
FAQ
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