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

Open‑market sale worth $49.54M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 11 sales

MCKELVEY JAMES MORGAN JR.

Filed: 3/18/2021ACC: 0001209191-21-021857

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-200K

Net shares

Net seller

$49.54M

Total sold

Open market trades

0B · 11S

Total transactions

200K acquired · 400K disposed

Non-Derivative Transactions12

Class A Common Stock

Direct

C · Conversion

+200K

Price / share

—

Trade value

—

% of position

7454.3%

3/16/2021

2.68K→202.68K

Class A Common Stock

Direct

S · Sale

−3.60K

Price / share

$240.45

Trade value

$865.62K

% of position

1.8%

3/16/2021

202.68K→199.08K

Class A Common Stock

Direct

S · Sale

−6.30K

Price / share

$241.94

Trade value

$1.52M

% of position

3.2%

3/16/2021

199.08K→192.78K

Class A Common Stock

Direct

S · Sale

−13.37K

Price / share

$243.35

Trade value

$3.25M

% of position

6.9%

3/16/2021

192.78K→179.41K

Class A Common Stock

Direct

S · Sale

−23.83K

Price / share

$244.37

Trade value

$5.82M

% of position

13.3%

3/16/2021

179.41K→155.57K

Class A Common Stock

Direct

S · Sale

−12.65K

Price / share

$245.36

Trade value

$3.11M

% of position

8.1%

3/16/2021

155.57K→142.92K

Class A Common Stock

Direct

S · Sale

−17.88K

Price / share

$246.44

Trade value

$4.41M

% of position

12.5%

3/16/2021

142.92K→125.04K

Class A Common Stock

Direct

S · Sale

−10.12K

Price / share

$247.38

Trade value

$2.50M

% of position

8.1%

3/16/2021

125.04K→114.91K

Class A Common Stock

Direct

S · Sale

−29.29K

Price / share

$248.77

Trade value

$7.29M

% of position

25.5%

3/16/2021

114.91K→85.62K

Class A Common Stock

Direct

S · Sale

−32.83K

Price / share

$249.74

Trade value

$8.20M

% of position

38.3%

3/16/2021

85.62K→52.79K

Class A Common Stock

Direct

S · Sale

−43.10K

Price / share

$250.73

Trade value

$10.81M

% of position

81.6%

3/16/2021

52.79K→9.69K

Class A Common Stock

Direct

S · Sale

−7.01K

Price / share

$251.42

Trade value

$1.76M

% of position

72.3%

3/16/2021

9.69K→2.68K

Total

Net shares

+0.00

Net value

-$49.54M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	3/16/2021	C · Conversion	+200K	—	—	7454.3%	2.68K	202.68K
Class A Common Stock Direct	3/16/2021	S · Sale	−3.60K	$240.45	$865.62K	1.8%	202.68K	199.08K
Class A Common Stock Direct	3/16/2021	S · Sale	−6.30K	$241.94	$1.52M	3.2%	199.08K	192.78K
Class A Common Stock Direct	3/16/2021	S · Sale	−13.37K	$243.35	$3.25M	6.9%	192.78K	179.41K
Class A Common Stock Direct	3/16/2021	S · Sale	−23.83K	$244.37	$5.82M	13.3%	179.41K	155.57K
Class A Common Stock Direct	3/16/2021	S · Sale	−12.65K	$245.36	$3.11M	8.1%	155.57K	142.92K
Class A Common Stock Direct	3/16/2021	S · Sale	−17.88K	$246.44	$4.41M	12.5%	142.92K	125.04K
Class A Common Stock Direct	3/16/2021	S · Sale	−10.12K	$247.38	$2.50M	8.1%	125.04K	114.91K
Class A Common Stock Direct	3/16/2021	S · Sale	−29.29K	$248.77	$7.29M	25.5%	114.91K	85.62K
Class A Common Stock Direct	3/16/2021	S · Sale	−32.83K	$249.74	$8.20M	38.3%	85.62K	52.79K
Class A Common Stock Direct	3/16/2021	S · Sale	−43.10K	$250.73	$10.81M	81.6%	52.79K	9.69K
Class A Common Stock Direct	3/16/2021	S · Sale	−7.01K	$251.42	$1.76M	72.3%	9.69K	2.68K
Total			+0.00		-$49.54M

Derivative Transactions1

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

583.87K

Exercisable

—

3/16/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Direct	Class A Common Stock200K shares	3/16/2021	C · Conversion	−200K		—	583.87K

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