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

Open‑market sale worth $52.04M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 6 sales

MCKELVEY JAMES MORGAN JR.

Filed: 8/19/2021ACC: 0001209191-21-052562

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-200K

Net shares

Net seller

$52.04M

Total sold

Open market trades

0B · 6S

Total transactions

200K acquired · 400K disposed

Non-Derivative Transactions7

Class A Common Stock

Direct

C · Conversion

+200K

Price / share

—

Trade value

—

% of position

5174.6%

8/17/2021

3.87K→203.87K

Class A Common Stock

Direct

S · Sale

−43.41K

Price / share

$258.91

Trade value

$11.24M

% of position

21.3%

8/17/2021

203.87K→160.45K

Class A Common Stock

Direct

S · Sale

−90.94K

Price / share

$259.90

Trade value

$23.64M

% of position

56.7%

8/17/2021

160.45K→69.50K

Class A Common Stock

Direct

S · Sale

−42.13K

Price / share

$260.67

Trade value

$10.98M

% of position

60.6%

8/17/2021

69.50K→27.37K

Class A Common Stock

Direct

S · Sale

−5.45K

Price / share

$261.72

Trade value

$1.43M

% of position

19.9%

8/17/2021

27.37K→21.92K

Class A Common Stock

Direct

S · Sale

−13.97K

Price / share

$263.00

Trade value

$3.67M

% of position

63.7%

8/17/2021

21.92K→7.95K

Class A Common Stock

Direct

S · Sale

−4.09K

Price / share

$264.06

Trade value

$1.08M

% of position

51.4%

8/17/2021

7.95K→3.87K

Total

Net shares

+0.00

Net value

-$52.04M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	8/17/2021	C · Conversion	+200K	—	—	5174.6%	3.87K	203.87K
Class A Common Stock Direct	8/17/2021	S · Sale	−43.41K	$258.91	$11.24M	21.3%	203.87K	160.45K
Class A Common Stock Direct	8/17/2021	S · Sale	−90.94K	$259.90	$23.64M	56.7%	160.45K	69.50K
Class A Common Stock Direct	8/17/2021	S · Sale	−42.13K	$260.67	$10.98M	60.6%	69.50K	27.37K
Class A Common Stock Direct	8/17/2021	S · Sale	−5.45K	$261.72	$1.43M	19.9%	27.37K	21.92K
Class A Common Stock Direct	8/17/2021	S · Sale	−13.97K	$263.00	$3.67M	63.7%	21.92K	7.95K
Class A Common Stock Direct	8/17/2021	S · Sale	−4.09K	$264.06	$1.08M	51.4%	7.95K	3.87K
Total			+0.00		-$52.04M

Derivative Transactions1

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

0.00

Exercisable

—

8/17/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Direct	Class A Common Stock200K shares	8/17/2021	C · Conversion	−200K		—	0.00

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