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

Open‑market sale worth $48.60M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 7 sales

MCKELVEY JAMES MORGAN JR.

Filed: 7/15/2021ACC: 0001209191-21-046800

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-200K

Net shares

Net seller

$48.60M

Total sold

Open market trades

0B · 7S

Total transactions

200K acquired · 400K disposed

Non-Derivative Transactions8

Class A Common Stock

Direct

C · Conversion

+200K

Price / share

—

Trade value

—

% of position

5174.6%

7/13/2021

3.87K→203.87K

Class A Common Stock

Direct

S · Sale

−18.68K

Price / share

$240.78

Trade value

$4.50M

% of position

9.2%

7/13/2021

203.87K→185.18K

Class A Common Stock

Direct

S · Sale

−64.45K

Price / share

$241.57

Trade value

$15.57M

% of position

34.8%

7/13/2021

185.18K→120.73K

Class A Common Stock

Direct

S · Sale

−26.82K

Price / share

$242.62

Trade value

$6.51M

% of position

22.2%

7/13/2021

120.73K→93.92K

Class A Common Stock

Direct

S · Sale

−21.81K

Price / share

$243.83

Trade value

$5.32M

% of position

23.2%

7/13/2021

93.92K→72.10K

Class A Common Stock

Direct

S · Sale

−57.96K

Price / share

$244.58

Trade value

$14.17M

% of position

80.4%

7/13/2021

72.10K→14.15K

Class A Common Stock

Direct

S · Sale

−6.73K

Price / share

$245.51

Trade value

$1.65M

% of position

47.6%

7/13/2021

14.15K→7.42K

Class A Common Stock

Direct

S · Sale

−3.55K

Price / share

$246.49

Trade value

$875.04K

% of position

47.9%

7/13/2021

7.42K→3.87K

Total

Net shares

+0.00

Net value

-$48.60M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	7/13/2021	C · Conversion	+200K	—	—	5174.6%	3.87K	203.87K
Class A Common Stock Direct	7/13/2021	S · Sale	−18.68K	$240.78	$4.50M	9.2%	203.87K	185.18K
Class A Common Stock Direct	7/13/2021	S · Sale	−64.45K	$241.57	$15.57M	34.8%	185.18K	120.73K
Class A Common Stock Direct	7/13/2021	S · Sale	−26.82K	$242.62	$6.51M	22.2%	120.73K	93.92K
Class A Common Stock Direct	7/13/2021	S · Sale	−21.81K	$243.83	$5.32M	23.2%	93.92K	72.10K
Class A Common Stock Direct	7/13/2021	S · Sale	−57.96K	$244.58	$14.17M	80.4%	72.10K	14.15K
Class A Common Stock Direct	7/13/2021	S · Sale	−6.73K	$245.51	$1.65M	47.6%	14.15K	7.42K
Class A Common Stock Direct	7/13/2021	S · Sale	−3.55K	$246.49	$875.04K	47.9%	7.42K	3.87K
Total			+0.00		-$48.60M

Derivative Transactions1

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

200K

Exercisable

—

7/13/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Direct	Class A Common Stock200K shares	7/13/2021	C · Conversion	−200K		—	200K

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

12.63M

Shares owned

12.63M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

12.63M

Owned

12.63M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Common Stock Indirect	Class A Common Stock		—	—	12.63M	12.63M
Total					12.63M	12.63M