Ajmere Dale - Oct 1, 2024 Form 4 Insider Report for Block, Inc. (SQ)

Role
Chief Accounting Officer
Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
Oct 1, 2024
Transactions value $
-$77,259
Form type
4
Date filed
10/3/2024, 05:14 PM
Previous filing
Aug 23, 2024
Next filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Sale -$33.5K -500 -0.55% $67.00 90.5K Oct 1, 2024 Direct F1
transaction SQ Class A Common Stock Sale -$43.8K -669 -0.74% $65.41 89.8K Oct 2, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on May 14, 2024.
F2 Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units.