Block, Inc. Chief Financial Officer Amrita Ahuja sold Class A common stock worth $1.03 million in three transactions executed under a prearranged 10b5-1 trading plan adopted on March 2, 2026.
The sales occurred on August 21 and 24, 2026, with Ahuja disposing of 3,101 shares at $80.04 on August 21, 4,636 shares at a weighted average price of $81.91 on August 24, and an additional 4,875 shares at a weighted average price of $82.92 later the same day. Transaction prices ranged from $80.04 to $82.92 per share.
Separately, Block retained 18,401 Class A common shares valued at $1.47 million on August 20, 2026, to cover income tax withholdings related to the net settlement of restricted stock units, which was not a sale by Ahuja. Following these transactions, Ahuja beneficially owns 423,262 Block Class A common shares.
Block’s stock was trading at $81.38 at the time of reporting, near its 52-week high of $86.75, after a 57% gain over the prior six months. The company’s second-quarter adjusted earnings per share rose to $1.02 from $0.62 a year earlier, exceeding the $0.87 consensus estimate.
Analysts have raised price targets for Block following the results. Argus increased its target to $103, Needham to $100, UBS to $98, and BMO Capital to $85, all above the current share price.
