Block Board Compensation Revealed: Director Gets 4,343 Restricted Stock Units

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.

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

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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^*

Narula Neha

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

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	06/17/2025		A		4,343(1)	A	$0	12,643	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 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.

Remarks:

	/s/ Susan Szotek, Attorney-in-Fact	06/18/2025
	** 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.

FAQ

How many XYZ (Block, Inc.) shares did Director Neha Narula receive on June 17, 2025?

Director Neha Narula received 4,343 restricted stock units (RSUs) of XYZ's Class A Common Stock on June 17, 2025, as part of the company's automatic annual director compensation.

When will Neha Narula's XYZ RSU grant from June 2025 vest?

The RSUs will vest 100% on the earlier of June 17, 2026, or the date of XYZ's next annual meeting of stockholders.

How many XYZ shares does Neha Narula own after the June 2025 RSU grant?

Following the RSU grant, Neha Narula directly owns 12,643 shares of XYZ's Class A Common Stock.

What was the purchase price of XYZ RSUs granted to Neha Narula?

The RSUs were granted at $0 cost to Neha Narula, as they were issued as part of XYZ's Outside Director Compensation Policy.

What type of insider transaction did XYZ director Neha Narula report in June 2025?

Neha Narula reported receiving an automatic annual restricted stock unit (RSU) award as a director, which was granted pursuant to XYZ's Outside Director Compensation Policy.