Block, Inc.·4

Apr 3, 5:08 PM ET

Carter Shawn Corey 4

Research Summary

AI-generated summary

Updated

Block (XYZ) Director Carter S. Corey Receives 207 RSUs

What Happened Carter Shawn Corey, a director of Block, Inc. (XYZ), was granted 207 restricted stock units (RSUs) on 2026-04-01. The Form 4 shows an acquisition (code A) of 207 shares at $0.00 (total $0). The RSUs were issued under the company's Outside Director Compensation Policy and were 100% vested as of the grant date.

Key Details

  • Transaction date: 2026-04-01; Filing date / Accession: 2026-04-03 (Accession 0001628280-26-023715). Period of report: 2026-04-01.
  • Transaction type/code: Award/Grant (A). Price reported: $0.00; total reported acquisition value: $0.
  • Vesting: Footnote F1 — each RSU represents a contingent right to one Class A share; 100% of the RSUs were vested on grant.
  • Shares held of record: Footnote F2 — some shares are held by an immediate family member; F3 & F4 — some shares are held by SC Panther, LLC and SC Vessel 5, LLC, entities for which Corey is the sole member.
  • Shares owned after transaction: Not specified in this Form 4.
  • Tax withholding / sell-to-cover: No tax withholding or sale-to-cover reported.
  • Timeliness: Filing appears timely (no late-filing flag reported).

Context RSU grants to outside directors are a common form of compensation and do not require the director to pay cash to receive the units. Because these RSUs were fully vested on grant, they represent an immediate right to receive shares subject to settlement terms; however, such grants are standard compensation and should not be interpreted alone as a buy/sell signal.