BSQKZ insider filing: Roelof Botha reports 276 vested RSUs

Rhea-AI Filing Summary

Roelof Botha, a director of Block, Inc. (BSQKZ), reported a non-derivative acquisition on 10/01/2025 of 276 restricted stock units (RSUs) issued under the company’s Outside Director Compensation Policy. The RSUs were 100% vested as of the grant date and were issued with a reported price of $0 upon grant. Following the reported transaction, the Reporting Person shows 36,400 shares of Class A Common Stock held directly and multiple larger holdings shown indirectly through Sequoia-related entities, including 684,741, 540,646, and 434,405 Class A shares held by several Sequoia funds. The filing includes customary disclaimers that the Reporting Person disclaims beneficial ownership of fund-held securities except to the extent of pecuniary interest. The Form 4 is signed by an attorney-in-fact on 10/03/2025.

Positive

• 276 RSUs issued to the director were 100% vested as of grant
• 36,400 shares held directly reported following the transaction
• Large indirect holdings disclosed via Sequoia funds (e.g., 684,741, 540,646, 434,405 shares)

Negative

• None.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BOTHA ROELOF

(Last) (First) (Middle)

C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD

SUITE 101

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Block, Inc. [ XYZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	10/01/2025		A		276(1)	A	$0	36,400	D
Class A Common Stock								1,862	I	Sequoia Capital U.S. Growth Fund IV, L.P.(2)
Class A Common Stock								77	I	Sequoia Capital USGF Principals Fund IV, L.P.(2)
Class A Common Stock								684,741	I	By estate planning vehicle
Class A Common Stock								11,388	I	Sequoia Capital U.S. Venture Fund XV, L.P.(3)
Class A Common Stock								479	I	Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.(3)
Class A Common Stock								171	I	Sequoia Capital U.S. Venture Partners Fund XV, L.P.(3)
Class A Common Stock								1,750	I	Sequoia Capital U.S. Venture XV Principals Fund, L.P.(3)
Class A Common Stock								540,646	I	Sequoia Capital US/E Expansion Fund I, L.P.(4)
Class A Common Stock								434,405	I	SC US/E ExpansionFund I Management, L.P.(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs were issued pursuant to the Issuer's Outside Director Compensation Policy, and 100% of the RSUs were vested as of the date of grant.

2. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SCGF IV Management,L.P., which is the general partner of Sequoia Capital U.S. Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P., or collectively, the SC GFIV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC GFIV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

3. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P. and Sequoia Capital U.S. Venture XV Principals Fund, L.P., or collectively, the SC USV XV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC USV XV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

4. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P., or collectively, the SC EXPI Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC EXPI Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Remarks:

	/s/ Susan Szotek, Attorney-in-Fact	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Block (BSQKZ) director Roelof Botha report on Form 4?

The Form 4 reports an acquisition on 10/01/2025 of 276 RSUs granted under the Outside Director Compensation Policy, with a reported price of $0 and 100% vested at grant.

How many Class A shares does Roelof Botha hold directly after this filing?

The filing shows 36,400 shares of Class A Common Stock held directly following the reported transaction.

Does the Form 4 disclose other holdings through Sequoia funds?

Yes. The filing discloses indirect holdings through Sequoia entities, including reported amounts of 684,741, 540,646, and 434,405 Class A shares among others.

Were the RSUs vested when granted?

Yes. The Form 4 states the RSUs were 100% vested as of the date of grant.

Who signed the Form 4 and when?

The Form 4 is signed by /s/ Susan Szotek, Attorney-in-Fact with a signature date of 10/03/2025.