Block (XYZ) Chief Accounting Officer Andrea Acosta Receives 112,191 RSUs

What Happened
Andrea Acosta, Chief Accounting Officer of Block, Inc. (XYZ), was granted 112,191 restricted stock units (RSUs) on July 29, 2026. The award was reported with an acquisition price of $0.00 (i.e., no cash paid). Each RSU is a contingent right to receive one share of the company's Class A common stock upon settlement.

Key Details

• Transaction date: 2026-07-29; Form 4 filed 2026-07-31 (appears timely).
• Transaction type/code: Award/Grant (A). Price reported: $0.00.
• Amount: 112,191 RSUs (each RSU represents a right to one share upon settlement).
• Shares owned after the transaction: not specified in the provided filing.
• Vesting schedule (per filing footnote):
  • 10% vests Aug 20, 2026 and then quarterly through May 20, 2027;
  • 3/40 (7.5%) vests Aug 20, 2027 and then quarterly through May 20, 2028;
  • 1/20 (5%) vests Aug 20, 2028 and then quarterly through May 20, 2029;
  • 1/40 (2.5%) vests Aug 20, 2029 and then quarterly through May 20, 2030.
• Footnote: RSUs are contingent rights to receive shares upon settlement (see above).

Context
RSU grants are a form of compensation and do not represent an outright purchase or sale of stock. These units will convert to actual shares only as they vest according to the schedule above, so the award itself is not an immediate buy or sell signal.