Block Executive Brian Grassadonia Sells 17,765 Shares for $1.4 Million Under 10b5-1 Plan
Updated
Updated · Yahoo Finance · Aug 25
Block Executive Brian Grassadonia Sells 17,765 Shares for $1.4 Million Under 10b5-1 Plan
1 articles · Updated · Yahoo Finance · Aug 25
Summary
17,765 Block shares were sold by ecosystem lead Brian Grassadonia for about $1.4 million, according to an SEC Form 4 filed this week.
The disposal was executed under a Rule 10b5-1 trading plan adopted on June 2, 2025, and included shares withheld to cover income taxes tied to restricted stock unit settlement.
Grassadonia cut his directly held stake by roughly 3% but still owns 513,981 shares, a position valued at about $41.83 million based on Block's August 24 close.
Block shares were around $82, giving the payments company a market value of $48.9 billion; the stock's one-year total return was 3% as questions remain over Cash App user growth.