Plaines Stephanie 4
Research Summary
AI-generated summary
H&R Block Director Stephanie Plaines Receives 3,727 DRSUs
What Happened
Stephanie Plaines, a director of H&R Block, was granted 3,727 director restricted share units (DRSUs) on January 22, 2026. The Form 4 reports an acquisition at $0.00 per unit (award/grant), i.e., this was a compensation award rather than a market purchase. The filing shows acquisition code A (award/grant); no immediate cash value is reported on the Form 4.
Key Details
- Transaction date: 2026-01-22; Form 4 filed 2026-01-23 (timely filing).
- Award: 3,727 DRSUs; reported price $0.00 (award).
- Shares owned after the transaction: not specified in the provided Form 4 excerpt.
- Footnote: These are DRSUs under the H&R Block, Inc. 2018 Long Term Incentive Plan that fully vest on the first anniversary of the grant, subject to Ms. Plaines’ continued service as a director. Directors may elect to receive underlying shares either immediately upon vesting or defer receipt until six months after termination of service.
- Transaction code: A = Award/Grant.
Context
DRSUs are a form of equity compensation that convert into company stock upon vesting; they are common for non-employee directors and do not represent an immediate open-market purchase or sale. This grant is routine director compensation and should be viewed differently than an outright purchase (which can signal buying conviction) or a sale (which can signal liquidity needs).