Tax withholding reduces Block, Inc. (XYZ) executive RSU share delivery

Rhea-AI Filing Summary

Block, Inc. Business Lead Jennings Owen Britton reported a tax-related share disposition tied to restricted stock units. On February 20, 2026, 7,901 shares of Class A common stock were withheld at $53.22 per share to cover income tax obligations, leaving 234,817 shares owned directly afterward. The footnote clarifies this was issuer share withholding for taxes, not an open-market sale by the executive.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jennings Owen Britton

Role Business Lead

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	7,901	$53.22	$420K

Holdings After Transaction: Class A Common Stock — 234,817 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Jennings Owen Britton

(Last) (First) (Middle)

1955 BROADWAY

SUITE 600

(Street)

OAKLAND CA 94612

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Business Lead

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/20/2026		F		7,901(1)	D	$53.22	234,817	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	02/24/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Block, Inc. (XYZ) report for Jennings Owen Britton?

Block, Inc. reported that Business Lead Jennings Owen Britton had shares withheld to cover taxes on restricted stock units. The transaction involved issuer withholding, not an open-market sale, and was categorized as a tax-withholding disposition of Class A common stock.

How many Block, Inc. (XYZ) shares were involved in Jennings Owen Britton’s Form 4?

The Form 4 shows 7,901 shares of Block, Inc. Class A common stock were withheld. These shares were used to satisfy income tax and withholding obligations arising from the net settlement of restricted stock units, rather than being sold on the open market by the executive.

At what price were the Block, Inc. (XYZ) shares valued in the tax withholding?

The withheld Block, Inc. shares were valued at $53.22 per share. This per-share value is used to determine the total value of the shares applied toward the issuer’s income tax and withholding obligations in connection with the restricted stock unit net settlement.

Did Jennings Owen Britton directly sell Block, Inc. (XYZ) shares in this Form 4 filing?

No, the footnote states the transaction does not represent a sale by Jennings Owen Britton. Instead, Block, Inc. withheld the shares to satisfy income tax and withholding obligations tied to the net settlement of his restricted stock units.

How many Block, Inc. (XYZ) shares does Jennings Owen Britton hold after the reported transaction?

After the tax-withholding transaction, Jennings Owen Britton directly holds 234,817 shares of Block, Inc. Class A common stock. This post-transaction balance reflects his remaining ownership after the issuer withheld shares to cover income tax and withholding requirements.

How is the Form 4 transaction for Block, Inc. (XYZ) classified in SEC codes?

The transaction is coded as F, described as payment of exercise price or tax liability by delivering securities. It is further characterized as a tax-withholding disposition of non-derivative Class A common stock tied to restricted stock units.