Block CLO has 8,376 shares withheld for taxes
Block, Inc. (XYZ) reported that Chief Legal Officer Esperanza Chrysty had 8,376 shares of Class A Common Stock withheld on 2026-08-20.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Block, Inc. (XYZ) reported that Chief Legal Officer Esperanza Chrysty had 8,376 shares of Class A Common Stock withheld on 2026-08-20. The shares were withheld by the company at a reference value of $80.08 per share to satisfy income tax and withholding obligations related to the net settlement of restricted stock units, and the disclosure states this does not represent a market sale by the insider. After this tax-withholding event, Chrysty directly held 252,964 shares of Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 8,376 | $80.08 | $671K |
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Block, Inc. (XYZ) report for Esperanza Chrysty?
Does Esperanza Chrysty’s Form 4 reflect an open-market sale of Block, Inc. (XYZ) stock?
What transaction code is used in Esperanza Chrysty’s Block, Inc. (XYZ) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.