BSQKZ Rule 144 Notice: 1,679 Shares, Sale ~10/03/2025
Rhea-AI Filing Summary
Form 144 notice for Block, Inc. (BSQKZ) reports a proposed sale of 1,679 common shares through Morgan Stanley Smith Barney LLC on or about 10/03/2025 with an aggregate market value of $128,762.51. The shares were acquired as restricted stock from the issuer on 10/01/2025 and payment/issuance is recorded the same day. The filer discloses prior sales by the same person in the past three months totaling 17,567 shares for gross proceeds of $1,317,694.68 across sales on 08/21/2025, 09/02/2025, and 10/02/2025. The filer signs the standard Rule 144 attestation that no undisclosed material adverse information is known.
Positive
- Proposed sale disclosed with broker identified (Morgan Stanley Smith Barney LLC)
- Acquisition type clearly stated as restricted stock with acquisition date 10/01/2025
- Prior sales in the past three months are fully itemized with dates and gross proceeds
Negative
- Significant insider sales in past three months: 17,567 shares totaling $1,317,694.68
- Proposed sale of 1,679 shares scheduled for 10/03/2025 (market value $128,762.51)
Insights
TL;DR: Filing discloses a proposed sale of 1,679 shares and prior three-month sales totaling 17,567 shares for $1,317,694.68.
The Form 144 shows the proposed sale is through Morgan Stanley Smith Barney LLC with an approximate trade date of 10/03/2025. The shares to be sold were acquired as restricted stock from the issuer on 10/01/2025, and the notice includes the mandatory attestation regarding undisclosed material information.
This filing is procedural: it notifies the SEC of an intended sale under Rule 144 and documents recent sales on 08/21/2025, 09/02/2025, and 10/02/2025. The facts here are explicit; no regulatory action, pricing mechanics, or additional issuer financials are disclosed.