Weber Arnaud 4

What Happened

• Weber Arnaud, an Engineering Lead at Block, Inc., was granted 285,523 restricted stock units (RSUs) on 2026-04-07. The award was reported as an acquisition at $0.00 (no cash paid at grant). Each RSU represents a contingent right to one share of Block’s Class A common stock upon settlement.

Key Details

• Transaction type: Award/Grant (code A).
• Transaction date: 2026-04-07; Form 4 filed 2026-04-09 (timely within the standard two-business-day window).
• Shares granted: 285,523 RSUs; acquisition price reported $0.00 (typical for RSU grants).
• Post-transaction holdings: Not specified in the provided filing details.
• Vesting (per footnote): 1/16th of the RSUs vest on May 20, 2026 and then 1/16th vests every three months thereafter through Feb 20, 2030.
• Footnote clarification: Each RSU is a contingent right to receive one share of Class A common stock upon settlement.

Context

• This is a time-based equity award (RSUs), not an open-market purchase or sale. RSU grants are common as part of compensation and do not, by themselves, indicate immediate buying or selling by the insider.
• The $0 acquisition price reflects the nature of RSU awards; value to the holder depends on Block’s share price when RSUs vest and are settled.