Ahuja Amrita 4
4 · Block, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Block (XYZ) CFO Amrita Ahuja Withholds 18,401 Shares for Taxes
What Happened
Amrita Ahuja, CFO and COO of Block (XYZ), had 18,401 shares withheld by the company on 2026-05-20 to satisfy income tax and withholding obligations related to a net settlement of restricted stock units. The per-share value reported was $70.89, for an aggregate withholding value of $1,304,447. This represents a tax-withholding/net settlement transaction, not an open‑market sale.
Key Details
- Transaction date: 2026-05-20
- Price used for withholding: $70.89 per share
- Shares withheld/“disposed”: 18,401 (aggregate value $1,304,447)
- Shares owned after transaction: not specified in the filing
- Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on RSU net settlement and do not represent a sale by the reporting person
- Filing date: 2026-05-22 (filed two days after the transaction; appears timely under Form 4 rules)
Context
This was a routine tax-withholding/net settlement of restricted stock units (RSUs). The company withheld shares to cover Amrita Ahuja’s tax obligations rather than the insider selling shares on the open market. Such withholding transactions are administrative and do not necessarily signal any change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-05-20$70.89/sh−18,401$1,304,447→ 482,415 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.