Block (XYZ) Business Lead Jennings Britton Receives RSU Award

What Happened
Jennings Owen Britton, Business Lead at Block, Inc. (XYZ), received a grant of 268,727 restricted stock units (RSUs) on April 7, 2026. The grant is reported as an award/acquisition (code A) at $0.00 per unit (total reported value $0). This was a compensation award, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-04-07; Form 4 filed: 2026-04-09 (timely filing).
• Transaction type/code: Award/Grant (A).
• Amount: 268,727 RSUs; reported price $0.00; reported dollar amount $0.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes:
  • F1: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
  • F2: Vesting schedule — 1/16th of the RSUs vest on May 20, 2026 and then each three months thereafter through February 20, 2030.
• No indication of a 10b5‑1 plan, cashless exercise, tax‑withholding sale, or immediate disposition in this filing.

Context
RSUs are compensation units that convert to actual shares only when they vest and are settled; they do not represent immediately tradable stock. Grants like this are common executive/employee compensation and do not, by themselves, indicate insider buying or selling intent.