Jennings Owen Britton 4
4 · Block, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
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
Block, Inc.XYZ
Jennings Owen Britton
Business Lead
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-04-01$59.54/sh−1,038$61,803→ 230,224 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