Block, Inc. (XYZ) director Mary Meeker awarded 3,682 RSUs
Rhea-AI Filing Summary
Meeker Mary G reported acquisition or exercise transactions in this Form 4 filing.
Block, Inc. director Mary G. Meeker received an automatic annual restricted stock unit award of 3,682 RSUs of Class A Common Stock under the company’s Outside Director Compensation Policy. The award was granted at no cash cost per share.
The RSUs vest 100% on the earlier of June 16, 2027 or the date of Block’s next annual stockholder meeting. After this grant, Meeker directly holds 425,365 shares of Class A Common Stock. An additional 5,817 shares are held indirectly by KPCB sFund Associates, LLC, where she may share voting and investment power but disclaims beneficial ownership except for her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,682 shares
Net Buy
2 txns
Insider
Meeker Mary G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,682 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 425,365 shares (Direct);
Class A Common Stock — 5,817 shares (Indirect, See Footnote)
Footnotes (2)
- F1. 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 16, 2027, or the date of the Issuer's next annual meeting of stockholders.
- F2. The shares are held directly by KPCB sFund Associates, LLC ("sFund Associates"). The reporting person is a member of sFund Associates and may be deemed to share voting and investment power over the securities held by sFund Associates. The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Key Figures
RSUs granted: 3,682 RSUs
Grant price per share: $0.00 per share
Vesting date: June 16, 2027
+2 more
5 metrics
RSUs granted
3,682 RSUs
Automatic annual award to outside director on June 16, 2026
Grant price per share
$0.00 per share
Restricted stock unit award compensation, not open-market purchase
Vesting date
June 16, 2027
RSUs vest 100% on earlier of this date or next annual meeting
Direct holdings after grant
425,365 shares
Mary Meeker’s direct Class A Common Stock position after RSU award
Indirect holdings
5,817 shares
Shares held by KPCB sFund Associates, LLC associated with Meeker
Key Terms
restricted stock unit (RSU), Outside Director Compensation Policy, pecuniary interest, beneficial ownership, +1 more
5 terms
restricted stock unit (RSU) financial
"Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Outside Director Compensation Policy financial
"Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy."
pecuniary interest financial
"The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein,"
beneficial ownership financial
"the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did Block (XYZ) director Mary Meeker report in this Form 4?
Mary Meeker reported receiving an automatic annual award of 3,682 restricted stock units of Block’s Class A Common Stock. The filing also updates her direct and indirect shareholdings following this compensation-related grant.
When do Mary Meeker’s new Block (XYZ) RSUs vest?
The 3,682 RSUs vest 100% on the earlier of June 16, 2027 or the date of Block’s next annual meeting of stockholders. Vesting must occur before any shares are delivered to her.
What is the nature of Mary Meeker’s indirect Block (XYZ) holdings?
The 5,817 shares of Block Class A stock are held by KPCB sFund Associates, LLC. Meeker may share voting and investment power but disclaims beneficial ownership except for her pecuniary interest in those securities.
Was Mary Meeker’s Block (XYZ) RSU grant an open-market purchase?
No, the 3,682 RSUs were an automatic annual award under Block’s Outside Director Compensation Policy. They were granted at $0.00 per share as part of her director compensation, not bought on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
