Block insider sells 10,349 shares at $50 each
Block, Inc. Ecosystem Lead Brian Grassadonia reported two transactions in Class A Common Stock.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,349 | $50.00 | $517K |
| Exercise Price or Tax Liability | Class A Common Stock | 4,198 | $53.22 | $223K |
Footnotes (3)
- F1. 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.
- F2. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on June 2, 2025.
- F3. 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.
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