Block, Inc. Director Randall J. Garutti Receives 3,682 RSUs as Annual Compensation

Block, Inc. (ticker: XYZ) director Randall J. Garutti received an automatic annual award of 3,682 restricted stock units (RSUs) on June 16, 2026, as part of the company's Outside Director Compensation Policy. The RSUs represent a contingent right to receive shares of Class A Common Stock upon settlement. According to the filing, 100% of these RSUs will vest on the earlier of June 16, 2027, or the date of Block's next annual meeting of stockholders. The transaction was reported on Form 4 and shows that Garutti now holds 39,721 shares following this award. The RSUs were granted at $0 per share, which is standard for equity compensation awards. This filing represents routine director compensation rather than a market purchase.