Block (NYSE: XYZ) insider sale and tax withholding total 14,547 shares

Rhea-AI Filing Summary

Block, Inc. Ecosystem Lead Brian Grassadonia reported two transactions in Class A Common Stock. He sold 10,349 shares in an open‑market transaction at an average price of $50.00 per share under a Rule 10b5‑1 trading plan adopted on June 2, 2025.

Separately, 4,198 shares were withheld by the company at $53.22 per share to cover income tax obligations from vested restricted stock units, which the filing notes does not represent a sale by Grassadonia. After these transactions, he directly owned 503,784 shares of Block Class A Common Stock.

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^*

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)
02/20/2026

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	02/20/2026		F		4,198(1)	D	$53.22	514,133	D
Class A Common Stock	02/24/2026		S(2)		10,349	D	$50(3)	503,784	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 shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person.

2. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on June 2, 2025.

3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $49.49 to $50.36 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Susan Szotek, Attorney-in-Fact	02/24/2026
	** 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 insider transactions did Block, Inc. (XYZ) report for Brian Grassadonia?

Block reported that Ecosystem Lead Brian Grassadonia sold 10,349 Class A Common shares at an average of $50.00 and had 4,198 shares withheld to cover taxes on vested restricted stock units, leaving him with 503,784 directly owned shares.

Was Brian Grassadonia’s Block (XYZ) stock sale part of a Rule 10b5-1 plan?

Yes, the 10,349-share sale was executed under a Rule 10b5-1 trading plan adopted on June 2, 2025. Such plans pre-schedule trades to help insiders diversify holdings while reducing concerns about trading on material nonpublic information.

Did the tax-related share withholding in Block (XYZ) count as a sale by Brian Grassadonia?

No. The filing specifies that 4,198 shares were withheld by Block to satisfy income tax and withholding obligations from restricted stock unit settlement and explicitly states this withholding does not represent a sale by Brian Grassadonia.

How many Block, Inc. (XYZ) shares does Brian Grassadonia own after these transactions?

After the reported open-market sale and tax withholding, Brian Grassadonia directly owns 503,784 shares of Block’s Class A Common Stock, according to the filing’s post-transaction ownership figure in the non-derivative holdings section.

At what prices were Brian Grassadonia’s Block (XYZ) transactions executed?

The open-market sale of 10,349 Block shares used a weighted average sale price of $50.00, with individual trades ranging from $49.49 to $50.36. The 4,198 tax-withheld shares were valued at $53.22 per share for withholding purposes.