MCKELVEY JAMES MORGAN JR. sold 98.7% of their position (200K shares) of BLOCK, INC. on the open market

Open‑market sale worth $55.49M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 9 sales

MCKELVEY JAMES MORGAN JR.

Filed: 2/18/2021ACC: 0001209191-21-011801

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-200K

Net shares

Net seller

$55.49M

Total sold

Open market trades

0B · 9S

Total transactions

200K acquired · 400K disposed

Non-Derivative Transactions10

Class A Common Stock

Direct

C · Conversion

+200K

Price / share

—

Trade value

—

% of position

7454.3%

2/16/2021

2.68K→202.68K

Class A Common Stock

Direct

S · Sale

−8.41K

Price / share

$273.79

Trade value

$2.30M

% of position

4.1%

2/16/2021

202.68K→194.27K

Class A Common Stock

Direct

S · Sale

−23.89K

Price / share

$275.11

Trade value

$6.57M

% of position

12.3%

2/16/2021

194.27K→170.39K

Class A Common Stock

Direct

S · Sale

−52.52K

Price / share

$276.04

Trade value

$14.50M

% of position

30.8%

2/16/2021

170.39K→117.86K

Class A Common Stock

Direct

S · Sale

−44.14K

Price / share

$277.08

Trade value

$12.23M

% of position

37.4%

2/16/2021

117.86K→73.73K

Class A Common Stock

Direct

S · Sale

−15.96K

Price / share

$277.69

Trade value

$4.43M

% of position

21.6%

2/16/2021

73.73K→57.77K

Class A Common Stock

Direct

S · Sale

−17.48K

Price / share

$279.38

Trade value

$4.88M

% of position

30.2%

2/16/2021

57.77K→40.29K

Class A Common Stock

Direct

S · Sale

−15.35K

Price / share

$280.37

Trade value

$4.30M

% of position

38.1%

2/16/2021

40.29K→24.95K

Class A Common Stock

Direct

S · Sale

−16.05K

Price / share

$281.45

Trade value

$4.52M

% of position

64.3%

2/16/2021

24.95K→8.90K

Class A Common Stock

Direct

S · Sale

−6.22K

Price / share

$282.32

Trade value

$1.75M

% of position

69.9%

2/16/2021

8.90K→2.68K

Total

Net shares

+0.00

Net value

-$55.49M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	2/16/2021	C · Conversion	+200K	—	—	7454.3%	2.68K	202.68K
Class A Common Stock Direct	2/16/2021	S · Sale	−8.41K	$273.79	$2.30M	4.1%	202.68K	194.27K
Class A Common Stock Direct	2/16/2021	S · Sale	−23.89K	$275.11	$6.57M	12.3%	194.27K	170.39K
Class A Common Stock Direct	2/16/2021	S · Sale	−52.52K	$276.04	$14.50M	30.8%	170.39K	117.86K
Class A Common Stock Direct	2/16/2021	S · Sale	−44.14K	$277.08	$12.23M	37.4%	117.86K	73.73K
Class A Common Stock Direct	2/16/2021	S · Sale	−15.96K	$277.69	$4.43M	21.6%	73.73K	57.77K
Class A Common Stock Direct	2/16/2021	S · Sale	−17.48K	$279.38	$4.88M	30.2%	57.77K	40.29K
Class A Common Stock Direct	2/16/2021	S · Sale	−15.35K	$280.37	$4.30M	38.1%	40.29K	24.95K
Class A Common Stock Direct	2/16/2021	S · Sale	−16.05K	$281.45	$4.52M	64.3%	24.95K	8.90K
Class A Common Stock Direct	2/16/2021	S · Sale	−6.22K	$282.32	$1.75M	69.9%	8.90K	2.68K
Total			+0.00		-$55.49M

Derivative Transactions1

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

783.87K

Exercisable

—

2/16/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Direct	Class A Common Stock200K shares	2/16/2021	C · Conversion	−200K		—	783.87K

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Indirect

Shares owned175K

Total

175K indirect175K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	175K	Indirect
Total	175K	175K indirect

Derivative Holdings (Post-Transaction)1

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

13.05M

Shares owned

13.05M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

13.05M

Owned

13.05M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Common Stock Indirect	Class A Common Stock		—	—	13.05M	13.05M
Total					13.05M	13.05M