Insider Dhananjay Prasanna discloses 27,759 shares sold totaling ~$1.99M at Block (XYZ)

Rhea-AI Filing Summary

Block, Inc. (symbol: XYZ) insider Dhananjay Prasanna has filed a Form 144 disclosing planned and recent sales of common stock. The notice lists a proposed sale of 900 shares through Morgan Stanley Smith Barney on 09/15/2025 and shows that Mr. Prasanna acquired those 900 shares as restricted stock on 08/20/2024 from the issuer. The filing also records 13 separate sales by the same person over the prior three months totaling 27,759 shares and approximately $1.99 million in gross proceeds. The company has 609,584,000 shares outstanding, and the class to be sold trades on the NYSE. The filer represents no undisclosed material adverse information.

Positive

• Complete Rule 144 disclosure including broker, acquisition details, and per-trade gross proceeds
• Transparency on origin of shares: 900 shares identified as restricted stock acquired from the issuer on 08/20/2024
• Detailed recent sales history showing dates, amounts, and gross proceeds totaling approximately $1,990,069.48

Negative

• Insider selling activity: 27,759 shares sold over the past three months, which may attract investor attention despite being immaterial relative to total shares outstanding

Insights

Securities Analyst

TL;DR: Insider has recently sold ~27.8k shares for ~$2.0M and plans one more 900-share sale; amount is immaterial versus 609.6M shares outstanding.

The disclosed transactions indicate routine disposition of restricted stock acquired in August 2024 and subsequent open-market sales through mid-2025. Aggregated sales of 27,759 shares equal roughly 0.0046% of outstanding shares, so they are unlikely to move market valuation or signal company-level issues. The filing provides standard Rule 144 compliance and includes broker details and per-trade gross proceeds, which supports transparency for investors and regulators.

Corporate Governance Expert

TL;DR: The Form 144 demonstrates required insider disclosure and frequent small sales; governance disclosure appears complete and timely.

From a governance perspective, the filer has disclosed acquisition details (restricted stock) and all recent sales during the past three months, fulfilling Rule 144 expectations. The continuing pattern of sales may reflect personal liquidity management rather than insider knowledge-driven trading. No indication in the form of undisclosed material information or irregular transaction structures is present. Documentation of broker and sale dates strengthens the compliance record.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	900	66051.00	609584000	09/15/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/20/2024	Restricted Stock	ISSUER			900	08/20/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	09/02/2025	900	68616.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	08/25/2025	400	32000.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	08/21/2025	5659	417181.48
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	08/15/2025	3600	274284.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	08/08/2025	400	32796.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	08/01/2025	3600	269748.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	07/23/2025	800	64000.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	07/17/2025	800	56000.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	07/15/2025	2800	190568.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	07/02/2025	800	56000.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	07/01/2025	2800	189672.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	06/30/2025	2400	161376.00
DHANANJAY PRASANNA 1955 Broadway, Suite 600 Oakland CA 94612	Common	06/16/2025	2800	177828.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did the Form 144 filed for Block, Inc. (XYZ) disclose?

The filing discloses a proposed sale of 900 common shares via Morgan Stanley on 09/15/2025, acquisition of those shares as restricted stock on 08/20/2024, and 13 prior sales totaling 27,759 shares and about $1.99M in gross proceeds.

Who is the insider selling shares in the filing for XYZ?

The seller is identified as Dhananjay Prasanna, with an address listed in Oakland, CA.

How large are the reported sales relative to Block, Inc.'s outstanding shares?

Reported recent sales of 27,759 shares represent approximately 0.0046% of the 609,584,000 shares outstanding.

Were the sold shares acquired from the issuer or purchased on the market?

The 900 shares proposed for sale were acquired as restricted stock from the issuer on 08/20/2024; prior sold shares are reported as open-market sales with gross proceeds shown per trade.

Which broker is handling the proposed sale in the Form 144?

The proposed sale of 900 shares is to be executed through Morgan Stanley Smith Barney LLC on the NYSE.