Deighton Paul 4

What Happened
Paul Deighton, a director of Block, Inc., was granted 3,682 restricted stock units (RSUs) on June 16, 2026 (Transaction code A). Concurrently, 1,955 shares were withheld by the issuer to satisfy income tax withholding in connection with the net settlement of RSUs (Transaction code F) — the withheld shares were valued at $74.68 each for a total of $145,999. The RSUs represent contingent rights to receive one share per RSU upon settlement; the grant itself had an acquisition price of $0.00 on the Form 4.

Key Details

• Transaction date: 2026-06-16; Form 4 filed 2026-06-18 (timely filing).
• Grant: 3,682 RSUs (Code A), acquisition reported at $0.00.
• Withholding: 1,955 shares withheld (Code F) at $74.68/share = $145,999 (this withholding is to satisfy tax obligations).
• Vesting: Per footnote, the RSUs vest 100% on the earlier of June 16, 2027 or the issuer’s next annual meeting (Outside Director Compensation Policy).
• Shares owned after transaction: not specified in this filing.
• Footnote note: the withheld shares do not represent a market sale by Mr. Deighton; they were retained by the issuer to meet tax withholding and remittance obligations.

Context
This is an annual, automatic RSU award under Block’s outside director compensation policy (typical non-cash director pay). Withholding shares to cover taxes is routine and should not be interpreted as an open-market sale or a directional signal about the director’s view of the stock. The filing appears timely (within the Form 4 reporting window).