STOCK TITAN

Block, Inc. (XYZ) executive has 1,252 shares withheld for RSU tax on Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Block, Inc. executive Brian Grassadonia reported a tax-related share disposition tied to equity compensation. On the net settlement of restricted stock units, 1,252 shares of Class A Common Stock were withheld by the company at $59.54 per share to satisfy income tax and withholding obligations, and the footnote states this does not represent a market sale by him. Following this withholding, he directly holds 502,532 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Grassadonia Brian
Role Ecosystem Lead
Type Security Shares Price Value
Tax Withholding Class A Common Stock 1,252 $59.54 $75K
Holdings After Transaction: Class A Common Stock — 502,532 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,252 shares Tax-withholding disposition from RSU net settlement
Withholding price per share $59.54 per share Value used for tax-withholding disposition
Shares held after transaction 502,532 shares Direct Class A Common Stock ownership after withholding
restricted stock units financial
"in connection with the net settlement of restricted stock units and does not represent"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"in connection with the net settlement of restricted stock units and does not represent"
withheld by the Issuer financial
"Represents shares that have been withheld by the Issuer to satisfy its income tax"
income tax and withholding and remittance obligations financial
"by the Issuer to satisfy its income tax and withholding and remittance obligations in connection"
SEC Form 4
FORM 4UNITED 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*
Grassadonia Brian

(Last)(First)(Middle)
1955 BROADWAY
SUITE 600

(Street)
OAKLAND CALIFORNIA 94612

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Ecosystem Lead
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026F1,252(1)D$59.54502,532D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact04/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Block, Inc. (XYZ) report for Brian Grassadonia?

Block, Inc. reported that executive Brian Grassadonia had 1,252 Class A shares withheld to cover taxes from restricted stock unit settlement. The filing notes this is a tax-withholding disposition by the issuer, not an open-market sale by Grassadonia.

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

The Form 4 shows 1,252 shares of Block, Inc. Class A Common Stock were withheld. These shares satisfied income tax and withholding obligations arising from the net settlement of restricted stock units, according to the filing’s explanatory footnote.

At what price were the withheld Block, Inc. (XYZ) shares valued?

The withheld 1,252 Block, Inc. Class A shares were valued at $59.54 per share. This price is used in the Form 4 to report the tax-withholding disposition tied to the restricted stock unit net settlement event.

Does the Form 4 show Brian Grassadonia selling Block, Inc. (XYZ) shares on the market?

No, the Form 4 explicitly states the 1,252 shares were withheld by Block, Inc. to satisfy income tax and withholding obligations. The footnote clarifies this event does not represent a sale by Brian Grassadonia himself.

How many Block, Inc. (XYZ) shares does Brian Grassadonia hold after this transaction?

After the tax-withholding transaction, Brian Grassadonia directly holds 502,532 shares of Block, Inc. Class A Common Stock. This post-transaction figure is disclosed in the Form 4 as his total direct ownership following the RSU-related share withholding.

What is the nature of the Form 4 transaction for Block, Inc. (XYZ)?

The Form 4 records a tax-withholding disposition coded as “F,” meaning shares were delivered to Block, Inc. to cover tax obligations. It arose from the net settlement of restricted stock units rather than an open-market purchase or sale transaction.