Block executive RSU tax withholding filed on Form 4
Block, Inc. executive Brian Grassadonia reported a tax-related share disposition tied to equity compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 1,252 | $59.54 | $75K |
Footnotes (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.
Key Figures
Key Terms
restricted stock units financial
net settlement financial
withheld by the Issuer financial
income tax and withholding and remittance obligations financial
FAQ
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