Ahuja Amrita 4
Research Summary
AI-generated summary
Block CFO/COO Amrita Ahuja Receives 268,727 RSUs
What Happened
- Amrita Ahuja, Block, Inc.'s Chief Financial Officer and Chief Operating Officer, was awarded 268,727 restricted stock units (RSUs) on April 7, 2026. The grant was reported on a Form 4 filed April 9, 2026. The RSUs were recorded at $0.00 per share (no cash paid at grant); they represent contingent rights to receive Class A common stock upon settlement.
Key Details
- Transaction date: 2026-04-07 (Form 4 filed 2026-04-09).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 268,727 RSUs; grant price reported as $0.00.
- Shares owned after transaction: Not disclosed on this Form 4.
- Notable footnotes:
- F1: Each RSU equals a contingent right to one share of Block Class A common stock upon settlement.
- F2: Vesting: 1/16th of the RSUs vest on May 20, 2026, then vest quarterly (every three months) thereafter through February 20, 2030.
- Filing timeliness: Reported two days after the grant date; filing appears timely (no late-filing flag).
Context
- RSU grants are a common form of executive compensation; they do not represent an immediate market purchase or sale. These units will convert into actual shares only as they vest per the schedule above. This filing documents a compensation award rather than open-market insider buying or selling.