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.
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.
Positive
- None.
Negative
- None.
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
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Were the Block, Inc. RSUs subject to vesting conditions?
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