Brian Grassadonia (Ecosystem Lead) sold 35,145 shares of Block at $80.00 on 2025-10-08 ($2.8M); retains 535,896 shares.
Brian Grassadonia sold 35,145 shares at $80.00, representing a -6.2% reduction in holdings while the stock was trading 19.7% below its 52-week high of $92.95. His cross-ticker track record shows 16 prior sells with a 90d well-timed rate of 87.50%, suggesting a pattern of favorable timing in open-market sales. Block's fundamentals remain solid with $6.1B quarterly revenue, 10.1% annual growth, and a 15.89 P/E, but the magnitude of this sale and the insider's historical precision in sell-timing warrant monitoring whether this reflects conviction-based positioning or broader sentiment shifts among ecosystem stakeholders.
Block exec sells 11.6K shares at $91.49 blended average; prior SQ sales 5-of-5 well-timed at 90d horizon.
Brian Grassadonia, Cash App Lead at Block, executed 3 separate sales totaling 11,616 shares for $1,062,778.72 over two days (November 21–22, 2024) at a blended average price of $91.49, reducing his stake by 2.0% to 560,606 shares post-transaction. His prior selling pattern at SQ is notable: all 5 of his preceding sells at this ticker exhibited negative 90-day returns, meaning the stock subsequently declined after each sale—a 100% "well-timed rate" at the 90-day mark. His cross-ticker track record shows a 84.62% well-timed rate on 13 prior sells with an average 90-day return of -12.9%, indicating consistent execution ahead of downside moves. The current stock price of $90.75 is 2.1% below the 52-week high of $92.70, and this sale was executed near that peak, consistent with the historical pattern.