XYZ Form 4: Technology Lead Sells 5,659 Shares Under 10b5-1 Plan

Rhea-AI Filing Summary

Prasanna Dhananjay, identified as an Officer (Technology Lead) of Block, Inc. (symbol XYZ), reported a sale of 5,659 shares of Class A common stock on 08/21/2025 at a price of $73.72 per share. After the sale, the filing shows 289,492 shares beneficially owned. The Form 4 indicates the sale was made pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2025. The form was filed by one reporting person and signed by an attorney-in-fact on 08/25/2025.

Insights

Securities Analyst

TL;DR: Officer sale reported under a 10b5-1 plan; transaction appears procedural rather than a sudden disclosure-driven trade.

The Form 4 documents a single, routine sale of 5,659 Class A shares at $73.72 executed under a Rule 10b5-1 plan adopted February 25, 2025. Reporting shows 289,492 shares retained after the transaction. For investors, this filing provides transparency on insider liquidity but, standing alone, is not a material corporate development such as earnings or M&A. The use of a 10b5-1 plan reduces potential signaling around timing.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 rules and documents prearranged plan execution.

The filing clearly checks the box indicating the transaction was made pursuant to a written 10b5-1 plan and includes an explanation sentence to that effect. The Form 4 is signed by an attorney-in-fact, which is consistent with delegated filing practice. This filing meets disclosure requirements by showing the officer's post-transaction beneficial ownership and the plan origin date, supporting good governance and insider-trading controls.

Insider Trade Summary

Net Seller: 5,659 shares ($417,181)

Net Sell 1 txn

Insider Prasanna Dhananjay

Role Technology Lead

Sold 5,659 shs ($417K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	5,659	$73.72	$417K

Holdings After Transaction: Class A Common Stock — 289,492 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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

X

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 Lead

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

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	08/21/2025		S(1)		5,659	D	$73.72	289,492	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	08/25/2025
	** 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 Prasanna Dhananjay report on the Form 4 for XYZ?

The Form 4 reports a sale of 5,659 Class A shares on 08/21/2025 at $73.72 per share and shows 289,492 shares beneficially owned after the sale.

Was the insider sale for XYZ made under a 10b5-1 plan?

Yes. The Form 4 states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on February 25, 2025.

Who filed the Form 4 for the XYZ insider transaction?

The Form 4 was filed by one reporting person (Prasanna Dhananjay) and the document was signed by an attorney-in-fact, Susan Szotek, on 08/25/2025.

How many shares did the officer own after the reported sale?

After the reported sale, the filing shows the officer beneficially owned 289,492 shares of Class A common stock.

Does this Form 4 indicate any option or derivative transactions?

No. The filing shows only a non-derivative sale of Class A common stock; Table II for derivative securities contains no reported transactions.