Summary by Futu AI
Block, Inc. officer Brian Grassadonia is set to sell 6,500 shares of common stock on 05/22/2024, as per the latest filing. The shares, valued at an aggregate market price of $450,152.95, were acquired as restricted stock directly from the issuer on two separate occasions, with 3,269 shares obtained on 05/20/2023 and an additional 3,231 shares on 05/20/2024. This planned sale follows a history of transactions over the past three months, where a total of 350,758 shares were sold for gross proceeds of $26,680,665.21. The notice of the upcoming sale was filed on the same day as the planned sale, with the instruction for this transaction having been adopted on 11/29/2023.