Block (XYZ) Director Amy Brooks Receives RSU Award

What Happened Amy Brooks, a director of Block, Inc. (XYZ), was awarded 3,682 restricted stock units (RSUs) on June 16, 2026. The Form 4 lists the transaction as an award/grant (code A): 3,682 shares at $0.00 (total reported value $0). The award was issued under the issuer’s Outside Director Compensation Policy as an automatic annual director grant.

Key Details

• Transaction date: 2026-06-16. Form 4 filed: 2026-06-18 (filed within the typical two-business-day window).
• Transaction type/code: A = Grant/Award (RSUs).
• Amount: 3,682 RSUs; grant price reported $0.00; total $0 on Form 4.
• Vesting: 100% vest on the earlier of June 16, 2027 or the date of the issuer’s next annual meeting of stockholders (per footnote).
• Post-transaction holdings: the filing does not specify Brooks’s total beneficial ownership following this grant.
• Footnote: Each RSU is a contingent right to receive one share of Class A common stock upon settlement; award is part of outside director compensation.

Context RSUs are compensation, not an open-market purchase or sale. They give the director the right to receive shares if and when the award vests; no cash was spent by the director at grant. The economic value to the director will depend on Block’s share price at settlement and any applicable tax withholding. Director RSU awards are routine corporate compensation and should not be read as a direct signal of insider trading intent.