Insider Sale: XYZ Officer Executes 400-Share 10b5-1 Sale at $81.99

Rhea-AI Filing Summary

Prasanna Dhananjay, an officer serving as Technology + Engineering Lead at Block, Inc. (ticker: XYZ), sold 400 shares of Class A common stock on 08/08/2025 at a price of $81.99 per share. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2025, indicating the transaction was prearranged.

After the reported sale, the reporting person beneficially owned 298,751 shares on a direct basis. The Form 4 was signed by an attorney-in-fact, confirming the reported details.

Positive

• Sale executed under a Rule 10b5-1 trading plan, adopted February 25, 2025, which indicates the transaction was preplanned
• Reporting person retains substantial direct ownership with 298,751 shares after the sale

Negative

• Insider disposition of 400 shares (sale), which is a negative change in insider holdings even if small in percentage terms

Insights

Corporate Governance Expert

TL;DR: A small, preplanned insider sale executed under a 10b5-1 plan; retains substantial direct holdings.

The officer sale of 400 shares at $81.99 was effected under a Rule 10b5-1 plan adopted February 25, 2025, which typically reduces concerns about opportunistic timing. With 298,751 shares held directly after the transaction, the reporting person remains a significant holder. This is a routine disclosure rather than a governance red flag given the prearranged plan and the limited size of the disposition relative to total holdings.

Securities Analyst

TL;DR: Transaction is immaterial to valuation; documented as a planned sale under 10b5-1, preserving transparency.

The sale amount (400 shares) equals approximately 0.13% of the reporting person’s post-transaction direct holdings (298,751 shares), indicating minimal direct impact on overall insider exposure. Reporting the sale on Form 4 and noting the 10b5-1 plan improves disclosure clarity for investors monitoring insider activity, but does not materially alter the issuer's capitalization or immediate market outlook based on the disclosed figures alone.

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)
08/08/2025

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	08/08/2025		S(1)		400	D	$81.99	298,751	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	08/12/2025
	** 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 (XYZ) reporting person Prasanna Dhananjay sell?

The reporting person sold 400 shares of Class A common stock at a price of $81.99 per share on 08/08/2025.

Was the sale part of a prearranged trading plan for XYZ?

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

How many shares does Prasanna Dhananjay own after the reported transaction?

After the reported sale, the reporting person beneficially owned 298,751 shares on a direct basis.

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

The filer is listed as an officer with the title Technology + Engineering Lead.

Who signed the Form 4 on behalf of the reporting person?

The form was signed by Susan Szotek acting as Attorney-in-Fact for the reporting person.