Block Director Anthony Eisen Sells 18,000 Shares for $1.5 Million
Anthony Mathew Eisen, a director at Block (NYSE: XYZ), sold 18,000 shares of common stock in late August and early September 2026 under a pre-established Rule 10b5-1 trading plan. The transaction was valued at $1.5 million based on an average sale price of $82.58 per share. Following the sale, Eisen retained ownership of approximately 1.45 million shares with a post-transaction value of around $113.1 million as of September 1, 2026. The transaction occurred during a period when Block's stock had declined by about 2% over the past year and was trading near its recent closing price of $82.02 on August 31, 2026. The company reported trailing twelve-month (TTM) revenue of $25 billion with a market capitalization of approximately $46 billion as of that date. While the sale may raise questions among investors due to its size and timing, it is described in the article as routine given the pre-scheduled nature under regulatory guidelines. Eisen's continued substantial ownership suggests ongoing alignment with Block’s long-term performance.
Tickers: $XYZ
Topics: block director sale sec form 4 stock ownership