Block, Inc. (NYSE: XYZ) withholds 2,573 shares for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Block, Inc. Chief Legal Officer Esperanza Chrysty reported a tax-related share transaction in Class A common stock. On this Form 4, the company withheld 2,573 shares at $53.22 per share to cover income tax obligations from the net settlement of restricted stock units. The filing notes this is a tax-withholding disposition by the issuer and does not represent an open-market sale by the reporting person. After the withholding, Chrysty directly owned 120,294 shares of Block’s Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Esperanza Chrysty
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,573 | $53.22 | $137K |
Holdings After Transaction:
Class A Common Stock — 120,294 shares (Direct)
Footnotes (1)
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FAQ
What did Block, Inc. (XYZ) disclose in Esperanza Chrysty’s latest Form 4?
Block, Inc. reported that Chief Legal Officer Esperanza Chrysty had 2,573 Class A shares withheld to satisfy tax obligations from restricted stock units, at $53.22 per share. The filing states this was issuer tax withholding and not an open-market sale by Chrysty.
What role does Esperanza Chrysty hold at Block, Inc. in this Form 4?
The Form 4 identifies Esperanza Chrysty as an officer of Block, Inc. serving as Chief Legal Officer. The reported transaction involves her restricted stock units, with the issuer withholding shares to meet associated income tax and withholding obligations.