STOCK TITAN

[Form 4] Block, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Form 4 filing overview: Ecosystem Lead Brian Grassadonia sold 1,342 Class A Block, Inc. (XYZ) shares on 07/02/2025 at $69.26 each. The sale was automatically executed to cover income-tax withholding tied to restricted-stock-unit vesting, a routine transaction under Rule 16b-3. After the sale, Grassadonia still owns 590,287 shares directly, so the disposition represents roughly 0.2% of his holdings. No derivative securities were involved, and there is no indication of discretionary selling. The filing signals ordinary tax-related activity rather than a change in the insider’s investment outlook.

Panoramica della presentazione del Modulo 4: Brian Grassadonia, Responsabile dell'Ecosistema, ha venduto 1.342 azioni di Class A di Block, Inc. (XYZ) il 02/07/2025 a 69,26$ ciascuna. La vendita è stata eseguita automaticamente per coprire la ritenuta fiscale legata al vesting delle unità azionarie vincolate, una transazione di routine secondo la Regola 16b-3. Dopo la vendita, Grassadonia possiede ancora direttamente 590.287 azioni, quindi la cessione rappresenta circa lo 0,2% delle sue partecipazioni. Non sono stati coinvolti titoli derivati e non ci sono indicazioni di vendite discrezionali. La presentazione indica un'attività fiscale ordinaria piuttosto che un cambiamento nella prospettiva d'investimento dell'insider.

Resumen de la presentación del Formulario 4: Brian Grassadonia, Líder del Ecosistema, vendió 1.342 acciones Clase A de Block, Inc. (XYZ) el 02/07/2025 a $69.26 cada una. La venta se ejecutó automáticamente para cubrir la retención de impuestos sobre la renta relacionada con la adquisición de unidades restringidas de acciones, una transacción rutinaria bajo la Regla 16b-3. Después de la venta, Grassadonia aún posee directamente 590,287 acciones, por lo que la disposición representa aproximadamente el 0,2% de sus participaciones. No se involucraron valores derivados y no hay indicios de ventas discrecionales. La presentación señala una actividad fiscal ordinaria en lugar de un cambio en la perspectiva de inversión del insider.

Form 4 제출 개요: 에코시스템 책임자 Brian Grassadonia는 2025년 7월 2일에 Class A Block, Inc. (XYZ) 주식 1,342주를 주당 $69.26에 매도했습니다. 이 매도는 제한 주식 단위(RSU) 베스팅과 관련된 소득세 원천징수를 충당하기 위해 자동으로 실행된 것으로, Rule 16b-3에 따른 일상적인 거래입니다. 매도 후에도 Grassadonia는 직접적으로 590,287주를 보유하고 있어, 이번 처분은 그의 보유 주식의 약 0.2%에 해당합니다. 파생 증권은 포함되지 않았으며, 임의 매도의 징후도 없습니다. 이 제출은 내부자의 투자 전망 변화보다는 일반적인 세금 관련 활동임을 나타냅니다.

Vue d'ensemble du dépôt du formulaire 4 : Brian Grassadonia, responsable de l’écosystème, a vendu 1 342 actions de classe A de Block, Inc. (XYZ) le 02/07/2025 au prix de 69,26 $ chacune. La vente a été exécutée automatiquement pour couvrir la retenue d’impôt sur le revenu liée à l’acquisition des unités d’actions restreintes, une opération courante selon la règle 16b-3. Après la vente, Grassadonia détient encore directement 590 287 actions, ce qui représente environ 0,2 % de ses avoirs. Aucun titre dérivé n’a été impliqué et il n’y a aucune indication de vente discrétionnaire. Le dépôt reflète une activité fiscale ordinaire plutôt qu’un changement dans la perspective d’investissement de l’initié.

Übersicht der Form 4 Einreichung: Ecosystem-Leiter Brian Grassadonia verkaufte am 02.07.2025 1.342 Aktien der Klasse A von Block, Inc. (XYZ) zu je 69,26$. Der Verkauf wurde automatisch ausgeführt, um die einkommenssteuerliche Einbehaltung im Zusammenhang mit der Vesting von Restricted Stock Units abzudecken, eine routinemäßige Transaktion gemäß Regel 16b-3. Nach dem Verkauf besitzt Grassadonia noch direkt 590.287 Aktien, sodass die Veräußerung etwa 0,2 % seines Bestands ausmacht. Es waren keine derivativen Wertpapiere beteiligt und es gibt keinen Hinweis auf diskretionären Verkauf. Die Einreichung signalisiert eine gewöhnliche steuerliche Aktivität und keine Änderung der Investitionssicht des Insiders.

Positive
  • None.
Negative
  • None.

Insights

TL;DR – Small, automatic sale; immaterial insider signal.

Grassadonia’s 1,342-share sale is clearly disclosed as tax-withholding related, a common administrative event following RSU vesting. With post-sale ownership still near 590k shares, the transaction does not materially alter insider alignment. Because the sale is <1% of holdings and executed automatically, it carries limited informational value for investors and should be viewed as neutral.

Panoramica della presentazione del Modulo 4: Brian Grassadonia, Responsabile dell'Ecosistema, ha venduto 1.342 azioni di Class A di Block, Inc. (XYZ) il 02/07/2025 a 69,26$ ciascuna. La vendita è stata eseguita automaticamente per coprire la ritenuta fiscale legata al vesting delle unità azionarie vincolate, una transazione di routine secondo la Regola 16b-3. Dopo la vendita, Grassadonia possiede ancora direttamente 590.287 azioni, quindi la cessione rappresenta circa lo 0,2% delle sue partecipazioni. Non sono stati coinvolti titoli derivati e non ci sono indicazioni di vendite discrezionali. La presentazione indica un'attività fiscale ordinaria piuttosto che un cambiamento nella prospettiva d'investimento dell'insider.

Resumen de la presentación del Formulario 4: Brian Grassadonia, Líder del Ecosistema, vendió 1.342 acciones Clase A de Block, Inc. (XYZ) el 02/07/2025 a $69.26 cada una. La venta se ejecutó automáticamente para cubrir la retención de impuestos sobre la renta relacionada con la adquisición de unidades restringidas de acciones, una transacción rutinaria bajo la Regla 16b-3. Después de la venta, Grassadonia aún posee directamente 590,287 acciones, por lo que la disposición representa aproximadamente el 0,2% de sus participaciones. No se involucraron valores derivados y no hay indicios de ventas discrecionales. La presentación señala una actividad fiscal ordinaria en lugar de un cambio en la perspectiva de inversión del insider.

Form 4 제출 개요: 에코시스템 책임자 Brian Grassadonia는 2025년 7월 2일에 Class A Block, Inc. (XYZ) 주식 1,342주를 주당 $69.26에 매도했습니다. 이 매도는 제한 주식 단위(RSU) 베스팅과 관련된 소득세 원천징수를 충당하기 위해 자동으로 실행된 것으로, Rule 16b-3에 따른 일상적인 거래입니다. 매도 후에도 Grassadonia는 직접적으로 590,287주를 보유하고 있어, 이번 처분은 그의 보유 주식의 약 0.2%에 해당합니다. 파생 증권은 포함되지 않았으며, 임의 매도의 징후도 없습니다. 이 제출은 내부자의 투자 전망 변화보다는 일반적인 세금 관련 활동임을 나타냅니다.

Vue d'ensemble du dépôt du formulaire 4 : Brian Grassadonia, responsable de l’écosystème, a vendu 1 342 actions de classe A de Block, Inc. (XYZ) le 02/07/2025 au prix de 69,26 $ chacune. La vente a été exécutée automatiquement pour couvrir la retenue d’impôt sur le revenu liée à l’acquisition des unités d’actions restreintes, une opération courante selon la règle 16b-3. Après la vente, Grassadonia détient encore directement 590 287 actions, ce qui représente environ 0,2 % de ses avoirs. Aucun titre dérivé n’a été impliqué et il n’y a aucune indication de vente discrétionnaire. Le dépôt reflète une activité fiscale ordinaire plutôt qu’un changement dans la perspective d’investissement de l’initié.

Übersicht der Form 4 Einreichung: Ecosystem-Leiter Brian Grassadonia verkaufte am 02.07.2025 1.342 Aktien der Klasse A von Block, Inc. (XYZ) zu je 69,26$. Der Verkauf wurde automatisch ausgeführt, um die einkommenssteuerliche Einbehaltung im Zusammenhang mit der Vesting von Restricted Stock Units abzudecken, eine routinemäßige Transaktion gemäß Regel 16b-3. Nach dem Verkauf besitzt Grassadonia noch direkt 590.287 Aktien, sodass die Veräußerung etwa 0,2 % seines Bestands ausmacht. Es waren keine derivativen Wertpapiere beteiligt und es gibt keinen Hinweis auf diskretionären Verkauf. Die Einreichung signalisiert eine gewöhnliche steuerliche Aktivität und keine Änderung der Investitionssicht des Insiders.

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).
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)
07/02/2025
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 07/02/2025 S 1,342(1) D $69.26 590,287 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. 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 07/07/2025
** 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

How many Block, Inc. (XYZ) shares did Brian Grassadonia sell?

He sold 1,342 Class A common shares.

What price per share was received in the Form 4 transaction?

The shares were sold at $69.26 each.

Why were the XYZ shares sold according to the filing?

They were automatically sold to cover income-tax withholding tied to RSU vesting.

How many shares does the insider still own after the sale?

Grassadonia retains 590,287 shares of Block, Inc.

Does the filing mention any derivative securities transactions?

No, Table II shows no derivative activity for this period.
Block Inc

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