BSQKZ Form 4: 10b5-1 sale and RSU tax sale total 1,270 shares

Rhea-AI Filing Summary

Dale Ajmere, Block, Inc.'s Chief Accounting Officer, reported two share disposals in early October 2025. On 10/01/2025 he sold 750 shares of Class A common stock at $72.22 under a pre-established Rule 10b5-1 plan adopted May 22, 2025. On 10/02/2025 a further 520 shares were disposed at $74.77 to satisfy income tax withholding related to restricted stock unit vesting. The filings show beneficial ownership falling from 103,578 shares to 103,058 shares after these transactions. The Form 4 indicates the sales were planned or tax-driven rather than spontaneous market trades.

Positive

• Sales executed under a Rule 10b5-1 plan (adopted May 22, 2025) indicating procedural compliance
• 520 shares sold specifically to satisfy tax withholding for RSU vesting, an administrative action rather than discretionary sale

Negative

• Total disposals of 1,270 shares reduced beneficial ownership from 103,578 to 103,058
• Insider selling may be viewed unfavorably by some investors despite the planned nature of the trades

Insights

Corporate Governance Analyst

Insider sales were executed under a pre-set plan, indicating procedural compliance.

The reported 10b5-1 plan sale of 750 shares on 10/01/2025 shows the officer used an established trading framework to avoid timing concerns. Such plans are commonly used to demonstrate compliance with insider trading rules.

This filing documents routine, documented disposals rather than ad hoc executive selling; the filing notes the plan adoption date of May 22, 2025.

Compensation & Equity Analyst

Additional sale of 520 shares reflects tax-withholding on RSU vesting, not a discretionary cash sale.

The Form states the 520 shares on 10/02/2025 were automatically sold to cover income tax withholding tied to restricted stock units. This is a common post-vesting administrative step that reduces share count without indicating a decision to liquidate net compensation proceeds.

Beneficial ownership decreased to 103,058 shares after the transactions.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

X

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^*

Dale Ajmere

(Last) (First) (Middle)

1955 BROADWAY

SUITE 600

(Street)

OAKLAND CA 94612

(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)

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

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		S(1)		750	D	$72.22	103,578	D
Class A Common Stock	10/02/2025		S		520(2)	D	$74.77	103,058	D

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. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2025.

2. Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units.

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 did Block (BSQKZ) insider Dale Ajmere sell?

He sold a total of 1,270 Class A shares: 750 on 10/01/2025 at $72.22 and 520 on 10/02/2025 at $74.77.

Were the sales part of a planned trading program?

Yes. The 750-share sale on 10/01/2025 was effected under a Rule 10b5-1 trading plan adopted on May 22, 2025.

Why were 520 shares sold on 10/02/2025?

The Form states those 520 shares were automatically sold to satisfy the issuer's income tax withholding and remittance obligations related to RSU vesting.

What is Dale Ajmere's remaining reported ownership after the transactions?

Beneficial ownership reported after the transactions is 103,058 Class A shares.

Does the Form 4 indicate the sales were discretionary?

No. One sale was under a 10b5-1 plan and the other was a tax-withholding sale tied to RSU vesting, per the filing.