Block director receives 230 RSUs, holdings rise to 26,400 shares
Block, Inc. director reported receiving additional equity compensation in the form of restricted stock units.
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Rhea-AI Filing Summary
Block, Inc. director reported receiving additional equity compensation in the form of restricted stock units. On 01/02/2026, the director acquired 230 shares of Block's Class A common stock at a reported price of $0 per share, reflecting a grant rather than an open-market purchase or sale. After this transaction, the director beneficially owned 26,400 shares directly.
The filing explains that each share in the transaction is represented by a restricted stock unit, with each RSU giving the right to receive one share of Class A common stock upon settlement. These RSUs were issued under Block's Outside Director Compensation Policy, and 100% of the RSUs were vested on the grant date, meaning the director's right to the shares was fully earned immediately.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 230 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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. The RSUs were issued pursuant to the Issuer's Outside Director Compensation Policy, and 100% of the RSUs were vested as of the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Block, Inc. (XYZ) report in this Form 4?
What type of equity award did the Block, Inc. director receive?
Were the Block, Inc. RSUs subject to vesting conditions?
Under what plan were the Block, Inc. RSUs granted to the director?
Does this Form 4 for Block, Inc. involve derivative securities like options or warrants?
AI-generated analysis. How Rhea-AI works. Not financial advice.