Block Director Neha Narula Receives $4,343 Annual Stock Grant
Block, Inc. Director Neha Narula received an automatic annual restricted stock unit (RSU) award on June 17, 2025, as part of the company's Outside Director Compensation Policy.
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Rhea-AI Filing Summary
Block, Inc. Director Neha Narula received an automatic annual restricted stock unit (RSU) award on June 17, 2025, as part of the company's Outside Director Compensation Policy. The transaction details include:
- Acquired 4,343 RSUs at $0 cost basis
- Total beneficial ownership following transaction: 12,643 shares of Class A Common Stock (Direct Ownership)
- Vesting schedule: 100% vests on the earlier of June 17, 2026, or the next annual stockholder meeting
This Form 4 filing represents a standard board compensation arrangement, with each RSU convertible into one share of Block's Class A Common Stock upon settlement. The filing was submitted by Susan Szotek as attorney-in-fact on June 18, 2025, complying with SEC disclosure requirements for insider transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,343 | $0.00 | $0.00 |
Footnotes (1)
- 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.
FAQ
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