Insider Notice: 10,424 Block (XYZ) Class A Shares Proposed for Sale via Morgan Stanley

Rhea-AI Filing Summary

Form 144 notice for Block, Inc. (symbol: XYZ): An insider intends to sell 10,424 shares of Class A common stock through Morgan Stanley Smith Barney. The reported aggregate market value of the proposed sale is $763,062.02 and the transaction is scheduled approximately on 08/21/2025. The shares were acquired as restricted stock from the issuer on 08/20/2025 and full payment is recorded as of that acquisition date. The filing also discloses prior sales by the same person totaling 7,228 shares for gross proceeds of $528,598.12. The filing states the seller attests to the absence of undisclosed material adverse information.

Positive

• Full Rule 144 disclosure provided including broker, acquisition details, and past three months sales
• Brokered sale through a major firm (Morgan Stanley Smith Barney), improving execution transparency
• Seller attests there is no undisclosed material adverse information

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale disclosure under Rule 144; size is immaterial relative to shares outstanding.

The notice documents a planned sale of 10,424 Class A shares via a major broker with an aggregate market value of $763,062.02. The shares were issued as restricted stock and acquired from the issuer the day before the planned sale, with payment noted as completed. Prior sales in the past three months total 7,228 shares for $528,598.12. Given the issuer's reported outstanding share count of 549,574,000, the transaction represents a de minimis dilution and is unlikely to move markets. The filing fulfills regulatory disclosure requirements and provides clear broker and acquisition details.

Corporate Governance Expert

TL;DR: Properly executed Rule 144 notice showing compliance with sale reporting and insider attestation.

The filer identifies the broker, nature of acquisition as restricted stock, and affirms no undisclosed material adverse information. The timing—acquisition on 08/20/2025 and proposed sale on 08/21/2025—is disclosed alongside prior small-volume sales. From a governance perspective, the document appears procedural and complete for a Rule 144 disposition, allowing shareholders and regulators to track insider liquidity while providing an explicit attestation regarding material information.

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
Class A Common Stock	Morgan Stanley Smith Barney LLC Executive Services 200 W Civic Center Drive 4th Floor Sandy UT 84070	10424	763062.02	549574000	08/21/2025	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 *
Class A Common Stock	08/20/2025	Restricted Stock	Issuer			10424	08/20/2025	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
Owen Britton Jennings 1955 Broadway Suite 600 Oakland CA 94612	Class A Common Stock	07/21/2025	3993	313849.8
Owen Britton Jennings 1955 Broadway Suite 600 Oakland CA 94612	Class A Common Stock	07/02/2025	1050	72723.32
Owen Britton Jennings 1955 Broadway Suite 600 Oakland CA 94612	Class A Common Stock	06/06/2025	2185	142025

144: Remarks and Signature

Remarks

Date of Notice

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 does the Form 144 for Block, Inc. (XYZ) report?

The form reports a proposed sale of 10,424 Class A shares with aggregate market value of $763,062.02 to be sold via Morgan Stanley Smith Barney.

When were the shares to be sold acquired according to the filing?

The shares were acquired as restricted stock from the issuer on 08/20/2025 and payment is recorded as of that date.

Does the filing disclose recent insider sales for the same person?

Yes. The filing discloses prior sales of 3,993, 1,050, and 2,185 shares on 07/21/2025, 07/02/2025, and 06/06/2025 respectively, totaling 7,228 shares and gross proceeds of $528,598.12.

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

The broker named is Morgan Stanley Smith Barney LLC Executive Services located at the address shown in the filing.

How large is the proposed sale relative to the company's outstanding shares?

The filing lists 549,574,000 shares outstanding, so the proposed sale of 10,424 shares is immaterial relative to total outstanding shares.