STOCK TITAN

Block CLO reports 3,608-share tax sale, holds 123,198 shares

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

Rhea-AI Filing Summary

Block, Inc. (XYZ) reported a Form 4 for its Chief Legal Officer, who remains a company officer and is filing individually. On 11/21/2025, the officer had 3,608 shares of Class A common stock sold at $61.4 per share. The filing explains these shares were automatically sold to cover income tax withholding and remittance obligations arising from the vesting of restricted stock units, meaning the sale was tied to compensation rather than a discretionary open-market trade.

After this tax-related sale, the officer beneficially owned 123,198 shares of Block Class A common stock in direct ownership form.

Positive

  • None.

Negative

  • None.
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*
Esperanza Chrysty

(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)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025
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 11/21/2025 S 3,608(1) D $61.4 123,198 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 11/25/2025
** 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 Block, Inc. (XYZ) disclose in this Form 4 filing?

Block, Inc. reported that its Chief Legal Officer had 3,608 shares of Class A common stock sold on 11/21/2025 to satisfy income tax withholding and remittance obligations related to vesting restricted stock units.

How many Block (XYZ) shares were sold and at what price?

The Form 4 shows that 3,608 shares of Block Class A common stock were sold at a price of $61.4 per share.

Why were the Block (XYZ) shares sold by the officer?

The filing states the shares were automatically sold to satisfy the issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units.

How many Block (XYZ) shares does the officer own after the transaction?

Following the reported sale, the officer beneficially owned 123,198 shares of Block Class A common stock in direct ownership.

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

The reporting person is an officer of Block, Inc., serving as the company's Chief Legal Officer.

Is this Form 4 filed by one or multiple reporting persons?

The document indicates it is a Form filed by one reporting person, not a joint or group filing.

Block Inc

NYSE:XYZ

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40.61B
534.25M
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Software - Infrastructure
Services-prepackaged Software
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United States
OAKLAND