BSQKZ Form 144: Proposed 1,351-Share Sale via Morgan Stanley
Rhea-AI Filing Summary
Form 144 filed for Block, Inc. (BSQKZ) reports a proposed sale of 1,351 shares of Class A Common Stock through Morgan Stanley Smith Barney LLC with an aggregate market value of $101,012.11, to be executed on or about 10/02/2025 on the NYSE. The filer states these shares were acquired as restricted stock from the issuer on 10/01/2025 and were paid for same day.
The filing also discloses prior sales by the same person, Amrita Ahuja, totaling 39,204 shares sold across four transactions between 07/21/2025 and 09/16/2025 generating gross proceeds of $2,001,249 (sum of listed proceeds). The notice includes the standard signature representation that the seller is not aware of undisclosed material adverse information.
Positive
- Disclosure completeness: Form 144 provides acquisition date (10/01/2025), nature of acquisition (restricted stock), broker, sale date (10/02/2025), and prior sales.
- Modest proposed sale: Proposed sale of 1,351 shares (~$101,012.11) is relatively small in isolation.
Negative
- Ongoing insider sales: Prior sales of 39,204 shares from 07/21/2025 to 09/16/2025 generated ~$2,001,249 in gross proceeds, indicating continued disposals by the same person.
Insights
TL;DR: Insider plans a small scheduled sale of 1,351 shares (~$101k) on 10/02/2025.
This Form 144 notifies the market that an insider-acquired restricted stock on 10/01/2025 will be offered for sale immediately after vesting or release on 10/02/2025. The size of the proposed sale (1,351 shares) is modest relative to earlier aggregated sales but is a near-term liquidity event.
The filing lists four prior sales totaling 39,204 shares from 07/21/2025 to 09/16/2025 with gross proceeds aggregating $2,001,249, indicating ongoing disposition activity by the same seller.
Monitorable item: the approximate sale date is 10/02/2025.
TL;DR: Filing appears procedural and includes the required representation about undisclosed material information.
The form shows the seller signed the mandatory representation that they are not aware of any undisclosed material adverse information. The transaction is routed through Morgan Stanley Smith Barney LLC and identifies the NYSE as the market.
This notice meets Rule 144 disclosure elements: acquisition date, nature of acquisition (restricted stock), broker, amounts, and past three-month sales record.