What is a block of securities?

There is no official size designation constituting a block of securities, but a commonly used threshold ismore than 10,000 equity shares or a total market value of more than $200,000. 1 Securities traded in block trades facilitate trading by institutional investors or other large investors that require such bulk trades to meet their needs.

What is a block trade?

A block refers to alarge volume trade that occurs at once. Exchanges typically define a block as more than 10,000 shares of stock or a trade that has a notional value in excess of $200,000. Block trades are sometimes done outside of the open markets to lessen the impact on the security's price.

What is a class of shares?

A class of shares is a type of listed company stock that is differentiated by the level of voting rights shareholders receive.

Who owns a Class A stock?

The company created three share classes of the company's stock as a result. Class-A shares are held by regular investors and carry one vote per share. Class-B shares, held primarily by Brin and Page, have 10 votes per share. Class-C shares are typically held by employees and have no voting rights.