Officer reduces stake by 35,145 shares; 535,896 remain

Rhea-AI Filing Summary

Insider sale under 10b5-1 plan: An officer of Block, Inc. (BSQKZ) reported the sale of 35,145 shares of Class A common stock on 10/08/2025 at a reported price of $80 per share, reducing their direct holdings to 535,896 shares. The filing indicates the sale was executed under a Rule 10b5-1 trading plan adopted on 06/02/2025, which provides pre‑authorized instructions for sales to satisfy the affirmative-defense conditions of Rule 10b5-1. The Form 4 was signed by an attorney‑in‑fact on 10/10/2025.

Positive

• Sale executed under a Rule 10b5-1 plan, which provides pre-authorized timing and legal affirmative defense
• Officer retains significant ownership after the sale: 535,896 Class A shares remain

Negative

• Insider reduced holdings by 35,145 shares, which could modestly increase available float

Insights

Corporate Governance Analyst

Officer sold 35,145 shares under a 10b5-1 plan; holdings remain substantial.

The sale of 35,145 Class A shares at $80 was reported as a planned transaction under a Rule 10b5-1 trading plan adopted on 06/02/2025, which indicates the decision and price timing were pre-authorized rather than opportunistic. Continued direct ownership of 535,896 shares leaves the officer with a meaningful stake.

This transaction reduces insider concentration modestly but does not signal an immediate governance change. Investors may note the existence of an active trading plan and monitor future Form 4s for further scheduled disposals or changes to the plan within the next 6–12 months.

Insider Trade Summary

Net Seller: 35,145 shares ($2,811,600)

Net Sell 1 txn

Insider Grassadonia Brian

Role Ecosystem Lead

Sold 35,145 shs ($2.81M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	35,145	$80.00	$2.81M

Holdings After Transaction: Class A Common Stock — 535,896 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

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^*

Grassadonia Brian

(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)
	Ecosystem Lead

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025

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	10/08/2025		S(1)		35,145	D	$80	535,896	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 June 2, 2025.

Remarks:

	/s/ Susan Szotek, Attorney-in-Fact	10/10/2025
	** 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 the Block, Inc. insider sell in this Form 4 (BSQKZ)?

The officer sold 35,145 shares of Class A common stock at $80 per share on 10/08/2025.

Was the sale an open-market trade or pre-planned for BSQKZ?

The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 06/02/2025, indicating it was pre-authorized.

How many Block, Inc. shares does the reporting person own after the sale?

Following the reported transaction, the reporting person beneficially owns 535,896 Class A shares (direct ownership).

Who signed the Form 4 for the insider transaction?

The Form 4 was signed by Susan Szotek, Attorney-in-Fact on 10/10/2025.

When was the 10b5-1 trading plan adopted for this sale?

The trading plan was adopted on 06/02/2025 according to the Form 4 remarks.