Summary by Futu AI
James Morgan Jr., associated with Block, Inc. [SQ], was granted 4,038 shares of Class A Common Stock on June 18, 2024. The transaction was completed at no cost to the recipient, as per the grant agreement. Following this transaction, McKelvey's direct holdings in the company increased to 14,498 shares. Additionally, he holds 125,000 shares indirectly, the nature of which is detailed in a footnote. The grant is part of the company's compensation strategy and reflects the ongoing commitment to align the interests of its executives with those of shareholders.