Summary by Moomoo AI
James Morgan Jr., a key figure at Block, Inc. [SQ], was granted 118 shares of Class A Common Stock on April 1, 2024. The transaction was completed at no cost to the recipient, as is typical for stock grants. Following this transaction, McKelvey's direct holdings in the company have increased to a total of 10,460 shares. Additionally, McKelvey holds an indirect interest in 125,000 shares of Block's Class A Common Stock, the nature of which is detailed in a footnote not provided in this summary. The grant represents a strengthening of McKelvey's investment in the company and could be a signal of confidence in Block's future prospects.