STOCK TITAN

Block (NYSE: XYZ) CLO sees 8,376 stock-award shares withheld for taxes

(Very High)
(Neutral)
Form Type
4

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.

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Insights

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Insider Esperanza Chrysty
Role Chief Legal Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 8,376 $80.08 $671K
Holdings After Transaction: Class A Common Stock — 252,964 shares (Direct)
Footnotes (1)
  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.
Shares withheld for taxes 8,376 shares Shares of Class A Common Stock withheld on 2026-08-20 to satisfy tax obligations
Reference transaction price $80.08 per share Reported price per share for the tax-withholding disposition on 2026-08-20
Shares held after transaction 252,964 shares Direct holdings of Class A Common Stock by Esperanza Chrysty following the transaction
restricted stock units financial
"in connection with the net settlement of restricted stock units"
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"
withheld by the Issuer financial
"Represents shares that have been withheld by the Issuer to satisfy"

FAQ

What insider transaction did Block, Inc. (XYZ) report for Esperanza Chrysty?

Block, Inc. reported that Chief Legal Officer Esperanza Chrysty had 8,376 shares of Class A Common Stock withheld on 2026-08-20 to cover tax obligations from restricted stock units, which the disclosure states does not represent a sale by her.

How many Block, Inc. (XYZ) shares were involved in Esperanza Chrysty’s latest Form 4?

The Form 4 shows 8,376 shares of Block, Inc. Class A Common Stock were withheld to satisfy income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units.

At what value were the withheld Block, Inc. (XYZ) shares recorded in the Form 4?

The 8,376 shares were reported at $80.08 per share. This figure is presented as the transaction price for the tax-withholding disposition related to the restricted stock unit settlement.

Does Esperanza Chrysty’s Form 4 reflect an open-market sale of Block, Inc. (XYZ) stock?

No. A footnote states the transaction represents shares withheld by the issuer to satisfy income tax and withholding and remittance obligations for restricted stock units and does not represent a sale by Esperanza Chrysty.

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

Following the tax-withholding transaction, Esperanza Chrysty directly holds 252,964 shares of Block, Inc. Class A Common Stock, as reported in the Form 4.

What transaction code is used in Esperanza Chrysty’s Block, Inc. (XYZ) Form 4 filing?

The transaction is reported with code F, described as payment of tax liability by delivering or withholding securities in connection with the settlement of equity awards.

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Learn about SEC filing dates
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*
Esperanza Chrysty

(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)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
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 Stock08/20/2026F8,376(1)D$80.08252,964D
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/ Tyler Owens, Attorney-in-Fact08/24/2026
** 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)