MCKELVEY JAMES MORGAN JR. sold 98.1% of their position (200K shares) of BLOCK, INC. on the open market

Open‑market sale worth $45.60M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 4 sales

MCKELVEY JAMES MORGAN JR.

Filed: 6/17/2021ACC: 0001209191-21-041572

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-198.90K

Net shares

Net seller

$45.60M

Total sold

Open market trades

0B · 4S

Total transactions

617.23K acquired · 816.13K disposed

Non-Derivative Transactions6

Class A Common Stock

Direct

A · Award

+1.10K

Price / share

—

Trade value

—

% of position

40.2%

6/15/2021

2.73K→3.82K

Class A Common Stock

Direct

C · Conversion

+200K

Price / share

—

Trade value

—

% of position

5230.1%

6/15/2021

3.82K→203.82K

Class A Common Stock

Direct

S · Sale

−38.46K

Price / share

$227.17

Trade value

$8.74M

% of position

18.9%

6/15/2021

203.82K→165.36K

Class A Common Stock

Direct

S · Sale

−114.42K

Price / share

$227.80

Trade value

$26.07M

% of position

69.2%

6/15/2021

165.36K→50.94K

Class A Common Stock

Direct

S · Sale

−46.28K

Price / share

$229.06

Trade value

$10.60M

% of position

90.8%

6/15/2021

50.94K→4.66K

Class A Common Stock

Direct

S · Sale

−839.00

Price / share

$229.74

Trade value

$192.75K

% of position

18.0%

6/15/2021

4.66K→3.82K

Total

Net shares

+1.10K

Net value

-$45.60M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	6/15/2021	A · Award	+1.10K	—	—	40.2%	2.73K	3.82K
Class A Common Stock Direct	6/15/2021	C · Conversion	+200K	—	—	5230.1%	3.82K	203.82K
Class A Common Stock Direct	6/15/2021	S · Sale	−38.46K	$227.17	$8.74M	18.9%	203.82K	165.36K
Class A Common Stock Direct	6/15/2021	S · Sale	−114.42K	$227.80	$26.07M	69.2%	165.36K	50.94K
Class A Common Stock Direct	6/15/2021	S · Sale	−46.28K	$229.06	$10.60M	90.8%	50.94K	4.66K
Class A Common Stock Direct	6/15/2021	S · Sale	−839.00	$229.74	$192.75K	18.0%	4.66K	3.82K
Total			+1.10K		-$45.60M

Derivative Transactions3

Class B Common Stock

Indirect

G · Gift

Converts to

Class A Common Stock

416.13K shares

−416.13K

Strike price

Held after

12.63M

Exercisable

—

5/26/2021

Class B Common Stock

Direct

G · Gift

Converts to

Class A Common Stock

416.13K shares

+416.13K

Strike price

Held after

600K

Exercisable

—

5/26/2021

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

400K

Exercisable

—

6/15/2021

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Class B Common Stock Indirect	Class A Common Stock416.13K shares	5/26/2021	G · Gift	−416.13K	—	12.63M
Class B Common Stock Direct	Class A Common Stock416.13K shares	5/26/2021	G · Gift	+416.13K	—	600K
Class B Common Stock Direct	Class A Common Stock200K shares	6/15/2021	C · Conversion	−200K	—	400K

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)0

No derivative holdings reported