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

Open‑market sale worth $49.23M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 10 sales

MCKELVEY JAMES MORGAN JR.

Filed: 4/21/2021ACC: 0001209191-21-027832

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-200K

Net shares

Net seller

$49.23M

Total sold

Open market trades

0B · 10S

Total transactions

200K acquired · 400K disposed

Non-Derivative Transactions11

Class A Common Stock

Direct

C · Conversion

+200K

Price / share

—

Trade value

—

% of position

7334.1%

4/19/2021

2.73K→202.73K

Class A Common Stock

Direct

S · Sale

−7.63K

Price / share

$243.11

Trade value

$1.86M

% of position

3.8%

4/19/2021

202.73K→195.09K

Class A Common Stock

Direct

S · Sale

−45.80K

Price / share

$244.36

Trade value

$11.19M

% of position

23.5%

4/19/2021

195.09K→149.29K

Class A Common Stock

Direct

S · Sale

−59.67K

Price / share

$245.39

Trade value

$14.64M

% of position

40.0%

4/19/2021

149.29K→89.61K

Class A Common Stock

Direct

S · Sale

−38.12K

Price / share

$246.08

Trade value

$9.38M

% of position

42.5%

4/19/2021

89.61K→51.49K

Class A Common Stock

Direct

S · Sale

−15.65K

Price / share

$247.18

Trade value

$3.87M

% of position

30.4%

4/19/2021

51.49K→35.84K

Class A Common Stock

Direct

S · Sale

−4.90K

Price / share

$248.46

Trade value

$1.22M

% of position

13.7%

4/19/2021

35.84K→30.94K

Class A Common Stock

Direct

S · Sale

−8.20K

Price / share

$249.55

Trade value

$2.05M

% of position

26.5%

4/19/2021

30.94K→22.75K

Class A Common Stock

Direct

S · Sale

−10.63K

Price / share

$250.62

Trade value

$2.66M

% of position

46.7%

4/19/2021

22.75K→12.12K

Class A Common Stock

Direct

S · Sale

−5.40K

Price / share

$251.52

Trade value

$1.36M

% of position

44.6%

4/19/2021

12.12K→6.72K

Class A Common Stock

Direct

S · Sale

−3.99K

Price / share

$252.34

Trade value

$1.01M

% of position

59.4%

4/19/2021

6.72K→2.73K

Total

Net shares

+0.00

Net value

-$49.23M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	4/19/2021	C · Conversion	+200K	—	—	7334.1%	2.73K	202.73K
Class A Common Stock Direct	4/19/2021	S · Sale	−7.63K	$243.11	$1.86M	3.8%	202.73K	195.09K
Class A Common Stock Direct	4/19/2021	S · Sale	−45.80K	$244.36	$11.19M	23.5%	195.09K	149.29K
Class A Common Stock Direct	4/19/2021	S · Sale	−59.67K	$245.39	$14.64M	40.0%	149.29K	89.61K
Class A Common Stock Direct	4/19/2021	S · Sale	−38.12K	$246.08	$9.38M	42.5%	89.61K	51.49K
Class A Common Stock Direct	4/19/2021	S · Sale	−15.65K	$247.18	$3.87M	30.4%	51.49K	35.84K
Class A Common Stock Direct	4/19/2021	S · Sale	−4.90K	$248.46	$1.22M	13.7%	35.84K	30.94K
Class A Common Stock Direct	4/19/2021	S · Sale	−8.20K	$249.55	$2.05M	26.5%	30.94K	22.75K
Class A Common Stock Direct	4/19/2021	S · Sale	−10.63K	$250.62	$2.66M	46.7%	22.75K	12.12K
Class A Common Stock Direct	4/19/2021	S · Sale	−5.40K	$251.52	$1.36M	44.6%	12.12K	6.72K
Class A Common Stock Direct	4/19/2021	S · Sale	−3.99K	$252.34	$1.01M	59.4%	6.72K	2.73K
Total			+0.00		-$49.23M

Derivative Transactions1

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

383.87K

Exercisable

—

4/19/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Direct	Class A Common Stock200K shares	4/19/2021	C · Conversion	−200K		—	383.87K

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