Block, Inc. — Director's Dealing 2025

Jul 3, 2025

7/3/25, 2:07 PM

SEC FORM 4

SEC Form 4

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number: 3235-0287 Estimated average burden hours per response: 0.5

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b51(c). See Instruction 10.

1. Name and Address of Reporting Person[*]

2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer Block, Inc. [ XYZ ] (Check all applicable) X Director 10% Owner Officer (give title Other (specify below) below)

BOTHA ROELOF

(Last) (First) (Middle) 3. Date of Earliest Transaction (Month/Day/Year) 07/01/2025 C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD SUITE 101 4. If Amendment, Date of Original Filed (Month/Day/Year) (Street) MENLO PARK CA 94025 (City) (State) (Zip)

1. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5- 1(c). See Instruction 10.	for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5- 1(c). See Instruction 10.
1. Name and Address of Reporting Person* BOTHA ROELOF (Last) (First) (Middle) C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD SUITE 101 (Street) MENLO PARK CA 94025 (City) (State) (Zip)		2. Issuer NameandTicker or Trading Symbol Block, Inc. [ XYZ]						5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
		3. Date of Earliest Transaction (Month/Day/Year) 07/01/2025
		4. If Amendment, Date of Original Filed (Month/Day/Year)						6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/01/2025		A		294 (1)	A	$ 0	36,124	D
Class A Common Stock								1,862	I	Sequoia Capital U.S. Growth Fund IV, L.P. (2)
Class A Common Stock								77	I	Sequoia Capital USGF Principals Fund IV, L.P. (2)
Class A Common Stock								684,741	I	By estate planning vehicle
Class A Common Stock								11,388	I	Sequoia Capital U.S. Venture Fund XV, L.P. (3)
Class A Common Stock								479	I	Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P. (3)
Class A Common Stock								171	I	Sequoia Capital U.S. Venture Partners Fund XV, L.P. (3)
Class A Common Stock								1,750	I	Sequoia Capital U.S.

https://www.sec.gov/Archives/edgar/data/1222287/000162828025034302/xslF345X05/wk-form4_1751576604.xml

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7/3/25, 2:07 PM

SEC FORM 4

Table I -	Table I -	Table I -	Table I -	Non-Derivative Securities	Non-Derivative Securities	Non-Derivative Securities	Non-Derivative Securities	Non-Derivative Securities	Acquired,	Acquired,	Acquired,	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned	Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)				2. Transaction Date (Month/Day/Year)		2A. Deemed Execution Date, if any (Month/Day/Year)			3. Transaction Code (Instr. 8)			4. Securities Disposed O and 5)		Acquired (A) or f (D) (Instr. 3, 4				5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)			6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)		7. Nature of Indirect Beneficial Ownership (Instr. 4)
									Code		V	Amount		(A) or (D)		Price
																							Venture XV Principals Fund, L.P. (3)
Class A Common Stock																		540,646			I		Sequoia Capital US/E Expansion Fund I, L.P. (4)
Class A Common Stock																		434,405			I		SC US/E ExpansionFund I Management, L.P. (4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)		4. Transaction Code (Instr. 8)			5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)					7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)				8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)		11. Nature of Indirect Beneficial Ownership (Instr. 4)
					Code		V	(A)	(D)	Date Exercisable			Expiration Date		Title		Amount or Number of Shares

Explanation of Responses:

1. Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs were issued pursuant to the Issuer's Outside Director Compensation Policy, and 100% of the RSUs were vested as of the date of grant.

2. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SCGF IV Management,L.P., which is the general partner of Sequoia Capital U.S. Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P., or collectively, the SC GFIV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC GFIV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

3. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P. and Sequoia Capital U.S. Venture XV Principals Fund, L.P., or collectively, the SC USV XV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC USV XV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

4. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P., or collectively, the SC EXPI Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC EXPI Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Remarks:

s/ Susan Szotek, Attorney-in- act * Signature of Reporting Person
	07/03/2025
	Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

• If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

• ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

• Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

https://www.sec.gov/Archives/edgar/data/1222287/000162828025034302/xslF345X05/wk-form4_1751576604.xml

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