STOCK TITAN

Block (XYZ) chief legal officer receives 151,159 RSUs vesting to 2030

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Esperanza Chrysty reported acquisition or exercise transactions in this Form 4 filing.

Block, Inc. reported that Chief Legal Officer Esperanza Chrysty received a grant of 151,159 restricted stock units (RSUs) of Class A Common Stock at no purchase price. Each RSU represents a contingent right to receive one share upon settlement. 1/16 of the RSUs will vest on May 20, 2026, with additional installments vesting every three months through February 20, 2030. Following this award, Chrysty directly holds 271,169 shares or RSUs linked to Block’s Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Esperanza Chrysty
Role Chief Legal Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 151,159 $0.00 --
Holdings After Transaction: Class A Common Stock — 271,169 shares (Direct)
Footnotes (1)
  1. Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 1/16th of the RSUs will vest on May 20, 2026 and each three months thereafter through February 20, 2030.
RSU grant size 151,159 RSUs Grant of restricted stock units on Class A Common Stock
Post-grant holdings 271,169 shares/RSUs Total direct holdings following reported transaction
Vesting start date May 20, 2026 1/16 of RSUs vest on this date
Vesting end date February 20, 2030 Quarterly vesting continues through this date
Initial vesting fraction 1/16 of RSUs Vests on May 20, 2026, with equal quarterly installments
Price per RSU $0.00 per unit Compensation grant with no purchase price
restricted stock unit (RSU) financial
"Each share is represented by a restricted stock unit (RSU)."
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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock upon settlement"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"1/16th of the RSUs will vest on May 20, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settlement financial
"to receive one share of the Issuer's Class A Common Stock upon settlement"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
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)
04/07/2026
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 Stock04/07/2026A151,159(1)(2)A$0271,169D
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. Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
2. 1/16th of the RSUs will vest on May 20, 2026 and each three months thereafter through February 20, 2030.
Remarks:
/s/ Susan Szotek, Attorney-in-Fact04/09/2026
** 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)

FAQ

What did Esperanza Chrysty report in Block (XYZ) Form 4?

She reported receiving a grant of 151,159 restricted stock units of Block Class A Common Stock. These RSUs are compensation-based awards that convert into shares upon vesting and settlement, increasing her direct equity-linked holdings to 271,169 shares or RSUs.

What is the vesting schedule for Esperanza Chrysty’s 151,159 RSUs at Block (XYZ)?

One-sixteenth of the RSUs will vest on May 20, 2026, with additional one-sixteenth portions vesting every three months. This quarterly vesting continues through February 20, 2030, gradually delivering Class A Common Stock to Chrysty as long as the award conditions are met.

What does each RSU represent in Block (XYZ)’s Form 4 filing?

Each RSU represents a contingent right to receive one share of Block’s Class A Common Stock upon settlement. The RSUs do not involve a purchase price and convert into actual shares only as they vest and are settled under the award’s terms.

What are Esperanza Chrysty’s Block (XYZ) holdings after this RSU grant?

After the grant, Esperanza Chrysty directly holds 271,169 shares or RSUs tied to Block’s Class A Common Stock. This figure reflects her position immediately following the 151,159-unit RSU award reported in the Form 4 insider transaction filing.