Block (XYZ) director reports RSU award and indirect share holdings
Rhea-AI Filing Summary
Block, Inc. director associated with Sequoia Capital reported a new equity award and updated ownership details. On 01/02/2026, the reporting person acquired 307 shares of Class A Common Stock in the form of restricted stock units (RSUs) at a price of $0, issued under the company’s Outside Director Compensation Policy. Each RSU represents the right to receive one share of Class A Common Stock, and the RSUs were fully vested on the grant date.
Following this transaction, the director holds 36,707 Class A shares directly. The report also lists indirect beneficial ownership of additional Class A shares through various Sequoia Capital investment funds and an estate planning vehicle, including 684,741 shares via an estate planning vehicle and 540,646 shares through Sequoia Capital US/E Expansion Fund I, L.P. The reporting person formally disclaims beneficial ownership of fund-held securities beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 307 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (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. 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. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SCGF IV Management,L.P., which is the general partner of Sequoia Capital U.S. Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P., or collectively, the SC GFIV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC GFIV Funds except to the extent of his 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. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P. and Sequoia Capital U.S. Venture XV Principals Fund, L.P., or collectively, the SC USV XV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC USV XV Funds except to the extent of his 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. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P., or collectively, the SC EXPI Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC EXPI Funds except to the extent of his 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.
FAQ
What insider transaction did Block, Inc. (XYZ) report in this Form 4?
The filing shows a Block, Inc. director acquired 307 shares of Class A Common Stock on 01/02/2026 via a restricted stock unit (RSU) grant at a price of $0.
What are the terms of the RSUs reported for Block, Inc. (XYZ)?
Each RSU represents a contingent right to receive one share of Block, Inc. Class A Common Stock upon settlement, was issued under the Outside Director Compensation Policy, and was 100% vested as of the grant date.
What indirect holdings in Block, Inc. does the reporting person disclose?
The director reports indirect beneficial ownership of Block, Inc. Class A shares through multiple Sequoia Capital funds and an estate planning vehicle, including 684,741 shares via an estate planning vehicle and 540,646 shares through Sequoia Capital US/E Expansion Fund I, L.P.
Does the director claim full beneficial ownership of the Sequoia Capital fund-held Block, Inc. shares?
No. The director disclaims beneficial ownership of shares held by the Sequoia Capital funds except to the extent of any pecuniary interest and states that including these securities in the report is not an admission of beneficial ownership.
What is the reporting person’s relationship to Block, Inc. (XYZ)?
The reporting person is identified as a Director of Block, Inc. and files the Form 4 as a single reporting person.