Block director sells about $1.4M in Class A stock
A Block, Inc. director sold 18,000 Class A shares over three days under a pre-arranged Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Block, Inc. (XYZ) director Eisen Anthony Mathew reported three sales of Class A Common Stock totaling 18,000 shares on September 16–18, 2026, at per-share prices between $76.55 and $78.36. The sales were effected under a Rule 10b5-1 trading plan adopted on March 2, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 18,000 shares
Net Sell
3 txns
Insider
Eisen Anthony Mathew
Role
Director
Sold
18,000 shs ($1.40M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 6,000 | $76.55 | $459K |
| Sale | Class A Common Stock F1 | 6,000 | $77.97 | $468K |
| Sale | Class A Common Stock F1 | 6,000 | $78.36 | $470K |
Holdings After Transaction:
Class A Common Stock — 1,380,672 shares (Direct)
Footnotes (1)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 2, 2026.
Key Figures
Total shares sold: 18,000 shares
Shares sold per day: 6,000 shares
Sale price September 16, 2026: $78.36 per share
+4 more
7 metrics
Total shares sold
18,000 shares
Class A Common Stock sales reported for September 16–18, 2026
Shares sold per day
6,000 shares
Each of September 16, 17 and 18, 2026
Sale price September 16, 2026
$78.36 per share
Sale of 6,000 Class A shares
Sale price September 17, 2026
$77.97 per share
Sale of 6,000 Class A shares
Sale price September 18, 2026
$76.55 per share
Sale of 6,000 Class A shares
Approximate total sale value
$1.40 million
Combined value of the 18,000 shares sold at reported prices
Rule 10b5-1 plan adoption date
March 2, 2026
Trading plan under which the sales were effected
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 2, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class A Common Stock financial
"security title Class A Common Stock for each reported sale"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open market or private transaction financial
"Sale in open market or private transaction for each reported sale"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Block, Inc. (XYZ) disclose in this Form 4?
Block, Inc. disclosed that director Eisen Anthony Mathew sold 18,000 shares of Class A Common Stock in three transactions on September 16–18, 2026, at prices between $76.55 and $78.36, pursuant to a Rule 10b5-1 trading plan.
Was the Block, Inc. (XYZ) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 2, 2026, indicating the transactions followed a pre-arranged trading schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.