Block Director Anthony Eisen Files Form 144 to Sell 6,000 Shares Under 10b5-1 Plan
Block, Inc.
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Filing Summary
Block, Inc. (SQ) – Form 144 Filing Insider: Anthony Mathew Eisen (Director) Proposed Sale: 6,000 shares of Common Stock Approx. Market Value: $445,440.00 (~$74.24/share) Trading Plan: Rule 10b5-1 (Adopted March 2, 2026) Broker: Morgan Stanley Smith Barney LLC Date of Notice: October 5, 2026
Comprehensive Analysis
Overview
On October 5, 2026, Anthony Mathew Eisen, a Director of Block, Inc. (NYSE: SQ), filed a Form 144 notice disclosing the proposed sale of 6,000 shares of common stock with an aggregate market value of approximately $445,440 (reflecting an estimated price of ~$74.24 per share).
Transaction Details
- Security: Common Stock
- Proposed Volume: 6,000 shares
- Approximate Sale Date: October 5, 2026
- Shares Outstanding: 540,816,000 shares
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Source of Shares: Restricted stock acquired directly from the issuer on January 31, 2022.
Context & Trading Plan
- Rule 10b5-1 Trading Plan: The planned sale is executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 2, 2026.
- Historical Selling Pattern: The filing discloses an extensive, regular selling schedule over the preceding three months, with nearly daily dispositions of 6,000 shares, alongside two larger historical blocks (41,000 shares on August 5, 2026, and 141,000 shares on July 15, 2026).
Significance Assessment
The trading significance is rated Low. The proposed transaction of 6,000 shares represents a negligible fraction (<0.002%) of Block's 540.8 million outstanding shares and follows a programmatic, automated Rule 10b5-1 schedule established several months prior.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
