4Filed Aug 23, 8:00 PM ET

Block (XYZ) CLO Esperanza Chrysty Withholds 8,376 Shares for Taxes

$XYZ · Block, Inc.

Research Summary

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Block (XYZ) CLO Esperanza Chrysty Withholds 8,376 Shares for Taxes

What Happened

  • Esperanza Chrysty, Chief Legal Officer of Block, Inc., had 8,376 shares withheld by the company to satisfy tax withholding related to the net settlement of restricted stock units. The shares were recorded at $80.08 each, totaling approximately $670,750. This withholding is a tax/payment action, not an open-market sale by the insider.

Key Details

  • Transaction date: 2026-08-20
  • Price per share: $80.08; Total value of shares withheld: $670,750
  • Shares withheld/disposed: 8,376 (reported as a disposition on Form 4 under code F)
  • Shares owned after transaction: not disclosed in this filing
  • Footnote: F1 — issuer withheld shares to satisfy income tax/withholding obligations for net-settled RSUs; this does not represent a sale by the reporting person
  • Filing date: 2026-08-24 (filed within the SEC’s two-business-day window)

Context

  • This was a routine tax-withholding/net settlement of RSUs (a common administrative transaction). It should not be interpreted as an active sell decision by the insider and therefore provides limited insight into Chrysty’s view of the company’s stock.