Block (XYZ) Director Eisen Mathew Sells 18,000 Shares

What Happened

• Eisen Anthony Mathew, a director of Block, Inc. (XYZ), sold a total of 18,000 shares in three open-market sales between Aug 28 and Sept 1, 2026. The sales were: 6,000 shares at $85.12 on 2026-08-28 ($510,720); 6,000 shares at $82.58 on 2026-08-31 ($495,480); and 6,000 shares at $80.04 on 2026-09-01 ($480,240). Aggregate proceeds were approximately $1,486,440. These transactions are sales (routine disposition).

Key Details

• Transaction dates and prices:
  • 2026-08-28: 6,000 shares @ $85.12 — $510,720
  • 2026-08-31: 6,000 shares @ $82.58 — $495,480
  • 2026-09-01: 6,000 shares @ $80.04 — $480,240
• Total shares sold: 18,000; total proceeds: ~$1.49M.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 2, 2026 (pre-arranged plan).
• Filing timeliness: Form filed on 2026-09-01. Based on transaction dates and the Form 4 two-business-day rule, this filing appears timely.

Context

• 10b5-1 plans allow insiders to execute pre-specified trades at scheduled times and are often used for planned liquidity or diversification; such sales don’t necessarily indicate a change in the insider’s view of the company.
• For retail investors, purchases typically carry more explicit informational value than routine sales by directors.