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

Open‑market sale worth $41.11M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 9 sales

MCKELVEY JAMES MORGAN JR.

Filed: 5/20/2021ACC: 0001209191-21-034500

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-200K

Net shares

Net seller

$41.11M

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

7334.1%

5/18/2021

2.73K→202.73K

Class A Common Stock

Direct

S · Sale

−2.15K

Price / share

$200.80

Trade value

$431.72K

% of position

1.1%

5/18/2021

202.73K→200.58K

Class A Common Stock

Direct

S · Sale

−10.35K

Price / share

$202.08

Trade value

$2.09M

% of position

5.2%

5/18/2021

200.58K→190.23K

Class A Common Stock

Direct

S · Sale

−22.32K

Price / share

$203.15

Trade value

$4.53M

% of position

11.7%

5/18/2021

190.23K→167.91K

Class A Common Stock

Direct

S · Sale

−33.71K

Price / share

$204.02

Trade value

$6.88M

% of position

20.1%

5/18/2021

167.91K→134.20K

Class A Common Stock

Direct

S · Sale

−13.27K

Price / share

$205.35

Trade value

$2.73M

% of position

9.9%

5/18/2021

134.20K→120.93K

Class A Common Stock

Direct

S · Sale

−56.53K

Price / share

$206.15

Trade value

$11.65M

% of position

46.7%

5/18/2021

120.93K→64.40K

Class A Common Stock

Direct

S · Sale

−43.98K

Price / share

$207.18

Trade value

$9.11M

% of position

68.3%

5/18/2021

64.40K→20.41K

Class A Common Stock

Direct

S · Sale

−16.61K

Price / share

$208.35

Trade value

$3.46M

% of position

81.3%

5/18/2021

20.41K→3.81K

Class A Common Stock

Direct

S · Sale

−1.08K

Price / share

$208.97

Trade value

$226.11K

% of position

28.4%

5/18/2021

3.81K→2.73K

Total

Net shares

+0.00

Net value

-$41.11M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	5/18/2021	C · Conversion	+200K	—	—	7334.1%	2.73K	202.73K
Class A Common Stock Direct	5/18/2021	S · Sale	−2.15K	$200.80	$431.72K	1.1%	202.73K	200.58K
Class A Common Stock Direct	5/18/2021	S · Sale	−10.35K	$202.08	$2.09M	5.2%	200.58K	190.23K
Class A Common Stock Direct	5/18/2021	S · Sale	−22.32K	$203.15	$4.53M	11.7%	190.23K	167.91K
Class A Common Stock Direct	5/18/2021	S · Sale	−33.71K	$204.02	$6.88M	20.1%	167.91K	134.20K
Class A Common Stock Direct	5/18/2021	S · Sale	−13.27K	$205.35	$2.73M	9.9%	134.20K	120.93K
Class A Common Stock Direct	5/18/2021	S · Sale	−56.53K	$206.15	$11.65M	46.7%	120.93K	64.40K
Class A Common Stock Direct	5/18/2021	S · Sale	−43.98K	$207.18	$9.11M	68.3%	64.40K	20.41K
Class A Common Stock Direct	5/18/2021	S · Sale	−16.61K	$208.35	$3.46M	81.3%	20.41K	3.81K
Class A Common Stock Direct	5/18/2021	S · Sale	−1.08K	$208.97	$226.11K	28.4%	3.81K	2.73K
Total			+0.00		-$41.11M

Derivative Transactions1

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

183.87K

Exercisable

—

5/18/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Direct	Class A Common Stock200K shares	5/18/2021	C · Conversion	−200K		—	183.87K

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