Block appointed Andrea Acosta as Chief Accounting Officer, effective May 26, 2026, the Board of Directors said on April 30, 2026.

1. 01

   Block appointed Andrea Acosta as Chief Accounting Officer, effective May 26, 2026, the Board of Directors said on April 30, 2026.

2. 02

   Ms. Acosta will assume the responsibilities of principal accounting officer from Amrita Ahuja, who has been serving as interim principal accounting officer, the company said. Ms. Ahuja will continue in her roles as Chief Financial Officer and Chief Operating Officer, and Ms. Acosta will report to Ms. Ahuja.

3. 03

   Ms. Acosta, age 47, most recently served as Chief Accounting Officer of Pinterest, Inc. since February 2022, the company said. Prior to that, she served in various positions at BioMarin Pharmaceutical Inc. and Levi Strauss & Co. in finance management roles, and started her career in KPMG LLP's audit practice.

4. 04

   Ms. Acosta will receive an annual base salary of $550,000 and a one-time sign-on cash bonus of $250,000, the company said. She will also be granted a restricted stock unit award with an aggregate grant date value of $8.0 million under the Company's 2025 Equity Incentive Plan, which will vest over 4 years subject generally to her continued employment. The sign-on bonus is subject to reimbursement to the Company in the event that Ms. Acosta voluntarily terminates her employment within 2 years of her start date.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.