Block (XYZ) officer plans more sales after multimillion trades
Rhea-AI Filing Summary
Block, Inc. (symbol XYZ) officer Brian Grassadonia filed a Form 144 notice to sell 8,173 shares of Block common stock, identified as restricted stock, with a proposed sale date of August 20, 2026. The planned sales are to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.
The notice also lists sales in the prior three months by Brian Grassadonia of 25,908 shares on August 3, 2026 for $2,115,022.90, and 43,348 shares on July 2, 2026 for $3,467,840.00.
Positive
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Negative
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Key Figures
Planned shares to be sold: 8,173 shares
Past sale on August 3, 2026: 25,908 shares for $2,115,022.90
Past sale on July 2, 2026: 43,348 shares for $3,467,840.00
+2 more
5 metrics
Planned shares to be sold
8,173 shares
Common stock, restricted stock, proposed sale date August 20, 2026
Past sale on August 3, 2026
25,908 shares for $2,115,022.90
Common stock sold by Brian Grassadonia during prior three months
Past sale on July 2, 2026
43,348 shares for $3,467,840.00
Common stock sold by Brian Grassadonia during prior three months
Proposed sale date
08/20/2026
Date listed for sale of 8,173 restricted common shares
Form 144 signature date
08/24/2026
Date associated with /s/ Brian Peter Grassadonia signature
Key Terms
Rule 144, Restricted Stock, Securities To Be Sold, Securities Sold During The Past 3 Months
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 08/20/2026 | Restricted Stock | ISSUER"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Securities To Be Sold regulatory
"144: Securities To Be Sold Common | 08/20/2026"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months BRIAN GRASSADONIA"
FAQ
What does Block, Inc. (XYZ) disclose in this Form 144 filing?
Block, Inc. reports that officer Brian Grassadonia filed a notice under Rule 144 to sell 8,173 restricted common shares, with a proposed sale date of August 20, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services.
What type of Block, Inc. (XYZ) securities are covered by this Form 144?
The Form 144 covers common stock of Block, Inc., described as restricted stock in the section titled "Securities To Be Sold." The notice relates to a planned sale of 8,173 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.