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Block Executive Has Shares Withheld for Tax on RSU Settlement, No Change in Stake

Story Highlights
  • Block executive Owen Britton Jennings had 1,038 shares withheld to cover taxes on restricted stock unit settlement.
  • After the tax-related share withholding, Jennings still directly owns 230,224 Block Class A shares, indicating no sale or change in stake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Block Executive Has Shares Withheld for Tax on RSU Settlement, No Change in Stake

Meet Samuel – Your Personal Investing Prophet

Block, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:XYZ) ) has provided an update.

Block, Inc. disclosed that company officer Owen Britton Jennings had 1,038 Class A common shares withheld on April 1, 2026, to cover income tax and withholding obligations arising from the net settlement of restricted stock units. Following this administrative transaction, Jennings continues to hold 230,224 Block Class A shares directly, underscoring that no open-market sale of stock by the executive occurred and suggesting no change in his underlying equity stake or signal of shifting insider sentiment.

The most recent analyst rating on (AU:XYZ) stock is a Buy with a A$105.00 price target. To see the full list of analyst forecasts on Block, Inc. Shs Chess Depository Interests Repr 1 Sh stock, see the AU:XYZ Stock Forecast page.

More about Block, Inc. Shs Chess Depository Interests Repr 1 Sh

Block, Inc. is a financial technology company best known for its Square payment platform and Cash App, offering digital payments, merchant services, and related financial tools primarily to small businesses and consumers. The company operates in the broader fintech and digital commerce industry, competing with other payment processors and neobanks in the U.S. and globally.

Average Trading Volume: 211,229

Technical Sentiment Signal: Sell

Current Market Cap: A$51.92B

See more insights into XYZ stock on TipRanks’ Stock Analysis page.

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