Block's Technology Chief Maintains Large Stake Despite Recent Stock Sale

Rhea-AI Filing Summary

Block Technology + Engineering Lead Prasanna Dhananjay reported a sale of 2,800 shares of Class A Common Stock at $63.51 per share on June 16, 2025. The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on February 25, 2025.

Following the reported transaction, Dhananjay continues to directly own 313,151 shares of Block's Class A Common Stock. The sale represents a small portion (approximately 0.89%) of the executive's total holdings.

Key Transaction Details:

• Transaction was conducted under a planned 10b5-1 trading arrangement
• Total transaction value: approximately $177,828
• Direct ownership maintained after transaction
• No derivative securities were involved in this transaction

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)
06/16/2025

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	06/16/2025		S(1)		2,800	D	$63.51	313,151	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	06/18/2025
	** 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

How many shares of XYZ (Block, Inc.) stock did Prasanna Dhananjay sell on June 16, 2025?

According to the Form 4 filing, Prasanna Dhananjay, Technology + Engineering Lead at Block, Inc., sold 2,800 shares of Class A Common Stock at a price of $63.51 per share on June 16, 2025.

What is Prasanna Dhananjay's position at XYZ (Block, Inc.)?

According to the Form 4 filing, Prasanna Dhananjay serves as the Technology + Engineering Lead at Block, Inc. This is indicated in Section 5 of the form where the relationship to the issuer is specified as 'Officer' with the title 'Technology + Engineering Lead.'

How many shares of XYZ does Prasanna Dhananjay still own after the June 16, 2025 transaction?

Following the reported transaction, Prasanna Dhananjay directly owns 313,151 shares of Block, Inc. (XYZ) Class A Common Stock, as indicated in Table I of the Form 4 filing.

Was XYZ insider Prasanna Dhananjay's stock sale part of a pre-planned trading arrangement?

Yes, the sale was executed pursuant to a Rule 10b5-1 trading plan that was adopted on February 25, 2025, as explained in the footnotes of the Form 4 filing. This indicates it was a pre-planned transaction rather than a discretionary sale.