Block, Inc. 8-K

What Happened Block, Inc. (the Company) filed an 8-K reporting that on April 30, 2026 its Board appointed Andrea Acosta as Chief Accounting Officer (principal accounting officer), effective May 26, 2026. Ms. Acosta, age 47, will take over principal accounting officer responsibilities from Amrita Ahuja, who has been serving in that interim role and will continue as the Company’s Chief Financial Officer and Chief Operating Officer. Ms. Acosta will report to Ms. Ahuja.

Key Details

• Appointment announced April 30, 2026; effective start date May 26, 2026.
• Compensation: $550,000 annual base salary and a $250,000 one-time sign-on cash bonus (repayable if she voluntarily leaves within two years).
• Equity: Restricted stock units with an aggregate grant-date value of $8.0 million under the 2025 Equity Incentive Plan, vesting over four years subject to continued employment.
• Background: Served as Chief Accounting Officer at Pinterest since Feb 2022; prior senior accounting roles at BioMarin and Levi Strauss & Co.; began career at KPMG; holds a B.S. in Accounting from San Francisco State University. No family relationships or related-party transactions were reported.

Why It Matters This is an executive leadership hire for Block’s accounting and financial reporting function. Appointing a permanent principal accounting officer clarifies reporting lines (she reports to the CFO/COO) and may strengthen the Company’s accounting oversight ahead of future financial reporting. The disclosed pay and equity awards are material compensation items for investors to note, including the sign-on bonus repayment condition and the $8.0M RSU grant that vests over four years.