Block, Inc.·4

Jun 18, 5:03 PM ET

Carter Shawn Corey 4

4 · Block, Inc. · Filed Jun 18, 2026

Research Summary

AI-generated summary of this filing

Updated

Block (XYZ) Director Carter Shawn Corey Receives 3,682 RSU Award

What Happened
Carter Shawn Corey, a director of Block, Inc. (XYZ), was granted 3,682 restricted stock units (RSUs) on 2026-06-16 (transaction code A). Price reported: $0.00 per share; total reported acquisition value $0. These RSUs are a compensation award (not an open-market purchase or sale) and represent a contingent right to receive one share of Class A common stock upon settlement.

Key Details

  • Transaction date: 2026-06-16; Form filed: 2026-06-18 (appears timely).
  • Grant: 3,682 RSUs at $0.00 each (total $0 reported).
  • Vesting: 100% vests on the earlier of June 16, 2027 or the date of the issuer’s next annual meeting of stockholders (see F1).
  • Shares after transaction: not specified in this filing.
  • Notable footnotes: F1 describes this as the issuer’s automatic annual outside director RSU award; F2–F4 note existing shares are held of record by an immediate family member and by entities (SC Panther, LLC and SC Vessel 5, LLC) for which the reporting person is sole member.

Context
This is routine director compensation (RSUs) and does not reflect a purchase or sale of existing shares. RSUs give the holder a contingent right to receive shares at settlement and typically vest on the schedule noted above; they should be interpreted as compensation, not a direct market signal.

Insider Transaction Report

Form 4
Period: 2026-06-16
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-06-16+3,68232,541 total
Holdings
  • Class A Common Stock

    [F2]
    (indirect: By immediate family member)
    1,779
  • Class A Common Stock

    [F3]
    (indirect: See Footnote)
    20,812
  • Class A Common Stock

    [F4]
    (indirect: See Footnote)
    296
Footnotes (4)
  • [F1]Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 16, 2027, or the date of the Issuer's next annual meeting of stockholders.
  • [F2]The shares are held of record by an immediate family member of the Reporting Person.
  • [F3]The shares are held of record by SC Panther, LLC, for which the Reporting Person serves as the sole member.
  • [F4]The shares are held of record by SC Vessel 5, LLC, for which the Reporting Person serves as the sole member.
Signature
/s/ Susan Szotek, Attorney-in-Fact|2026-06-18

Documents

1 file
  • 4
    wk-form4_1781816596.xmlPrimary

    FORM 4