tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Block Executive Sells Shares to Cover Tax Obligations on Vesting

Story Highlights
Block Executive Sells Shares to Cover Tax Obligations on Vesting

Claim 70% Off TipRanks Premium

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

Block, Inc. disclosed that company officer and Business Lead Owen Britton Jennings sold 822 shares of Class A common stock on 2 January 2026 at a price of $63.98 per share. The sale was an automatic transaction to cover income tax withholding obligations arising from the vesting of restricted stock units, and Jennings continues to hold 242,718 shares directly, indicating the move was administrative in nature rather than a discretionary reduction of his economic exposure to Block.

The most recent analyst rating on (AU:XYZ) stock is a Hold with a A$98.00 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 payments ecosystem for merchants and its Cash App platform for peer-to-peer payments, banking-like services, and investing for consumers. The company focuses on digital payments, commerce tools, and financial services that serve small and medium-sized businesses as well as retail customers across multiple markets.

Average Trading Volume: 159,164

Technical Sentiment Signal: Sell

Current Market Cap: A$61.91B

See more data about XYZ stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1