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Block, Inc. (XYZ) 鈥� Form 4 insider transaction filing dated 07/02/2025

Technology & Engineering Lead Prasanna Dhananjay disclosed the sale of 6,000 Class A common shares over three consecutive trading days:

• 2,400 shares on 06/30/2025 at $67.24
• 2,800 shares on 07/01/2025 at $67.74
• 800 shares on 07/02/2025 at $70.00

Total proceeds are approximately $408,000. Following the transactions, the executive retains 307,151 shares held directly.

The filing states that all sales were executed under a Rule 10b5-1 trading plan adopted on 02/25/2025, indicating pre-arranged, automated trades insulated from day-to-day market influence.

No derivative security activity, option exercises, or other equity compensation events were reported. No amendments or additional reporting persons are involved.

Key takeaways for investors:

• Scale of the sale represents roughly 1.9 % of the executive鈥檚 prior holdings, a modest reduction.
• The 10b5-1 plan reduces concerns about opportunistic selling, but insider disposition activity can still be interpreted as a mild negative signal.
• With no earnings data or corporate developments included, the filing is stand-alone and does not directly alter Block鈥檚 fundamental outlook.

Block Inc has filed a Form S-8 registration statement for its 2025 Equity Incentive Plan. The filing, dated June 28, 2025, registers securities for employee benefit plans, including various forms of equity awards such as restricted stock units, restricted stock, and stock options.

Key components of the registration include:

• Implementation of the 2025 Equity Incentive Plan with separate award agreements for directors and employees
• Comprehensive indemnification provisions for directors and officers, backed by Delaware General Corporation Law Section 145
• Confirmation of Block's status as a large accelerated filer
• Legal representation by Wilson Sonsini Goodrich & Rosati, P.C.
• Jack Dorsey continues serving as Block Head and Chairperson

The filing incorporates by reference Block's Annual Report for fiscal year 2024 and all subsequent SEC filings. The company maintains a distributed work model with its principal executive office in Oakland, CA. The registration includes standard undertakings regarding post-effective amendments and removal of unsold securities.

Block reported key outcomes from its 2025 Annual Meeting held on June 17, with 86.52% of voting power represented. Shareholders voted on five significant proposals:

• Board Elections: Three Class I directors were elected to serve until 2028: Jack Dorsey (905.7M votes for), Paul Deighton (884.2M votes for), and Neha Narula (801.4M votes for)
• Executive Compensation: Approved with 917.7M votes in favor
• Auditor Appointment: Ernst & Young LLP ratified as independent auditor with overwhelming support (1B votes for)
• 2025 Equity Incentive Plan: Approved with 769.2M votes in favor
• Employee Stock Purchase Plan: Amended and restated plan approved with strong support (934.4M votes in favor)

The meeting demonstrated strong shareholder engagement and broad support for management proposals, particularly for executive compensation and the employee stock purchase plan. The voting results reflect continued confidence in Block's leadership and governance structure.

Block, Inc. Director Neha Narula received an automatic annual restricted stock unit (RSU) award on June 17, 2025, as part of the company's Outside Director Compensation Policy. The transaction details include:

• Acquired 4,343 RSUs at $0 cost basis
• Total beneficial ownership following transaction: 12,643 shares of Class A Common Stock (Direct Ownership)
• Vesting schedule: 100% vests on the earlier of June 17, 2026, or the next annual stockholder meeting

This Form 4 filing represents a standard board compensation arrangement, with each RSU convertible into one share of Block's Class A Common Stock upon settlement. The filing was submitted by Susan Szotek as attorney-in-fact on June 18, 2025, complying with SEC disclosure requirements for insider transactions.

Mary G. Meeker, Director at Block Inc (XYZ), received an automatic annual restricted stock unit (RSU) award on June 17, 2025. The transaction details include:

• Acquisition of 4,343 RSUs at $0 cost as part of Block's Outside Director Compensation Policy
• RSUs will fully vest on the earlier of June 17, 2026, or the next annual stockholders' meeting
• Following the transaction, Meeker directly owns 420,549 shares of Class A Common Stock
• Additionally holds indirect ownership of 5,817 shares through KPCB sFund Associates, LLC

Each RSU represents a right to receive one share of Block's Class A Common Stock upon settlement. The filing indicates Meeker's continued involvement in Block's board governance structure and standard director compensation practices.