Block CLO uses shares for RSU tax withholding

Block, Inc. Chief Legal Officer Esperanza Chrysty reported a tax-related share transaction in Class A common stock.

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.

Insider Trade Summary

Exercise Price or Tax Liability: 2,573 shares

Exercise Price or Tax Liability 1 txn

Insider Esperanza Chrysty

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	2,573	$53.22	$137K

Holdings After Transaction: Class A Common Stock — 120,294 shares (Direct)

Footnotes (1)

1. 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.

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.

How many Block, Inc. shares were withheld for taxes in this Form 4?

The Form 4 reports that 2,573 shares of Block, Inc. Class A common stock were withheld. These shares covered income tax and withholding obligations arising from the net settlement of restricted stock units, according to the filing’s explanatory footnote.

Was the Block, Inc. Form 4 a sale of shares by Esperanza Chrysty?

No, the Form 4 specifically explains the transaction does not represent a sale by Esperanza Chrysty. Instead, the issuer withheld 2,573 shares to satisfy its income tax and withholding obligations related to the settlement of restricted stock units.

What price per share did Block, Inc. use for the withheld shares?

The filing shows the 2,573 withheld Block, Inc. Class A shares were valued at $53.22 per share. This price applies to the tax-withholding disposition connected to the net settlement of restricted stock units, as reported on the Form 4.

How many Block, Inc. shares does Esperanza Chrysty own after this transaction?

After the tax-withholding transaction, Esperanza Chrysty directly owned 120,294 shares of Block, Inc. Class A common stock. This post-transaction holding figure is reported in the Form 4 and reflects ownership following the share withholding for tax purposes.

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.

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Accepted by SEC EDGAR 02/24/2026 - 05:01 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Esperanza Chrysty

(Last) (First) (Middle)

1955 BROADWAY

SUITE 600

(Street)

OAKLAND CA 94612

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/20/2026		F		2,573(1)	D	$53.22	120,294	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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-Fact	02/24/2026
	** Signature of Reporting Person	Date
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.