STOCK TITAN

XYZ Officer Executes 10b5-1 Sale of 3,600 Class A Shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Prasanna Dhananjay, Block, Inc. officer serving as Technology & Engineering Lead, reported a sale of 3,600 shares of Class A Common Stock on 08/15/2025 at a price of $76.19 per share. The filing shows 295,151 shares remained beneficially owned by the reporting person after the sale. The Form 4 states the sale was executed under a Rule 10b5-1 trading plan adopted on 02/25/2025, and the document was signed by an attorney-in-fact on 08/19/2025. The report is a single-person filing and identifies the reporter as an officer of the company.

Positive

  • Sale executed under a documented Rule 10b5-1 trading plan, indicating pre-arranged and compliant insider trading
  • Clear disclosure of remaining beneficial ownership (295,151 shares) provides transparency for investors

Negative

  • None.

Insights

TL;DR: Officer sold a small portion of holdings under a pre-established 10b5-1 plan; transaction is routine and not materially transformative.

The reported sale of 3,600 shares at $76.19 represents approximately 1.2% of the 295,151 shares held after the transaction. Execution under a 10b5-1 plan reduces concerns about opportunistic timing and indicates the sale followed a pre-set schedule. From a market-impact perspective this specific disposal is modest relative to total outstanding Class A shares and unlikely to signal a material change in insider conviction.

TL;DR: Use of a documented 10b5-1 plan and attorney-in-fact signature shows adherence to insider-trading controls.

The filing clearly discloses the relationship of the reporting person to the issuer and the reliance on a 10b5-1 trading plan adopted on 02/25/2025. The presence of an attorney-in-fact signature dated 08/19/2025 suggests proper execution protocol. There are no indicators of related-party transactions, amendments, or unusual derivative activity in this Form 4.

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*
Prasanna Dhananjay

(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)
Technology + Engineering Lead
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
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 08/15/2025 S(1) 3,600 D $76.19 295,151 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 February 25, 2025.
Remarks:
/s/ Susan Szotek, Attorney-in-Fact 08/19/2025
** 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. (XYZ) Form 4 disclose about insider activity?

The Form 4 shows officer Prasanna Dhananjay sold 3,600 Class A shares on 08/15/2025 at $76.19 per share under a 10b5-1 plan.

How many shares did the reporting person own after the sale?

The filing reports 295,151 shares beneficially owned following the reported transaction.

Was the sale part of a pre-established trading plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 02/25/2025.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Susan Szotek, Attorney-in-Fact on 08/19/2025.

What is the reporting person’s role at Block, Inc. (XYZ)?

The filing identifies the reporting person as an officer with the title Technology & Engineering Lead.
Block Inc

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39.45B
534.24M
1.2%
76.87%
3.36%
Software - Infrastructure
Services-prepackaged Software
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United States
OAKLAND