Block, Inc.·4

Apr 3, 6:25 PM ET

Jennings Owen Britton 4

4 · Block, Inc. · Filed Apr 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Block (XYZ) Business Lead Jennings Britton Withholds 1,038 Shares

What Happened

  • Jennings Owen Britton, a Business Lead at Block, reported 1,038 shares disposed on 2026-04-01 at $59.54 per share, totaling $61,803. The Form 4 lists the disposition code F (tax withholding) — these shares were withheld by the company to cover income tax and withholding obligations tied to a net settlement of restricted stock units (RSUs), not an open-market sale by the reporting person.

Key Details

  • Transaction date and price: 2026-04-01, 1,038 shares at $59.54 each.
  • Total value: $61,803.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: F1 — shares were withheld by the issuer to satisfy income tax/withholding related to net settlement of RSUs and do not represent a sale by the reporting person.
  • Filing: Form filed 2026-04-03 (appears timely under the Form 4 reporting window).

Context

  • This was a tax-withholding/net-settlement event for RSUs (common and routine when equity grants vest). It does not signal an independent decision by the insider to sell shares on the market. Such withholding transactions are administrative and should be interpreted differently from voluntary open-market sales or buys.

Insider Transaction Report

Form 4
Period: 2026-04-01
Transactions
  • Tax Payment

    Class A Common Stock

    [F1]
    2026-04-01$59.54/sh1,038$61,803230,224 total
Footnotes (1)
  • [F1]Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person.
Signature
/s/ Susan Szotek, Attorney-in-Fact|2026-04-03

Documents

1 file
  • 4
    wk-form4_1775255126.xmlPrimary

    FORM 4