Esperanza Chrysty 4

What Happened
Esperanza Chrysty, Chief Legal Officer of Block, Inc. (XYZ), was granted 151,159 restricted stock units (RSUs) on April 7, 2026. The award shows an acquisition price of $0.00 (no cash paid at grant). These RSUs are a contingent right to receive shares in the future rather than an open-market purchase or sale.

Key Details

• Transaction date and type: April 7, 2026 — Award/Grant (Form 4 code "A") of 151,159 RSUs at $0.00.
• Footnote on settlement: Each RSU represents a contingent right to receive one share of Class A common stock upon settlement.
• Vesting schedule (footnote): 1/16th of the RSUs vest on May 20, 2026 and then vest each three months thereafter through February 20, 2030.
• Shares owned after transaction: Not reported in the provided filing excerpt.
• Filing timing: Form filed April 9, 2026 for an April 7 transaction — appears to be filed timely.

Context
RSU grants are a common form of executive compensation and do not involve an immediate cash outlay or market trade; shares are delivered only upon vesting or settlement. Because this is a compensation award (not a purchase or sale), it should be viewed as part of compensation/retention practices rather than a direct signal of immediate insider buying or selling.