14 unchanged sentences
OTHER INFORMATION
−Removed: During the quarterly period ended December 31, 2023, the following officer, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement” as defined in Regulation S-K Item 408, as follows:
−Removed: On November 29, 2023 , Brian Grassadonia , our Chief Executive Officer, Cash App , adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 652,282 shares of our Class A common stock, which includes the exercise of up to 412,122 options and the corresponding sale of enough of the resulting 412,122 shares of Class A common stock required to cover the exercise price, withholding taxes, commissions and fees related to exercising the aforementioned options.
−Removed: The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).
−Removed: The duration of the trading arrangement is until March 30, 2025, or earlier if all transactions under the trading arrangement are completed.
−Removed: No other officers or directors, as defined in Rule 16a-1(f), adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, during the last fiscal quarter.
+Added: During the quarterly period ended December 31, 2024, no officers, as defined in Rule 16a-1(f), or directors adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item 408.
DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS
28 unchanged sentences
8-K 001-37622 3.1 October 21, 2022
−Removed: Form of Class A common stock certificate of the Registrant.
−Removed: S-1/A 333-207411 4.1 November 6, 2015
4.2 Indenture, dated March 5, 2020, between the Registrant and The Bank of New York Mellon Trust Company, N.A.
+Added: (2025 Convertible Notes).
8-K 001-37622 4.1 March 5, 2020
+Added: 4.3* Supplemental Indenture, dated January 21, 2025, between the Registrant and The Bank of New York Mellon Trust Company, N.A.
+Added: (2025 Convertible Notes).
4.4 Form of 0.125% Convertible Senior Note due 2025 (included in Exhibit 4.2).
3 unchanged sentences
8-K 001-37622 4.1 November 13, 2020
+Added: 4.6* Supplemental Indenture, dated January 21, 2025, between the Registrant and The Bank of New York Mellon Trust Company, N.A.
+Added: (2026 Convertible Notes).
4.7 Form of 0% Convertible Senior Note due 2026 (included in Exhibit 4.
3 unchanged sentences
8-K 001-37622 4.3 November 13, 2020
+Added: 4.9* Supplemental Indenture, dated January 21, 2025, between the Registrant and The Bank of New York Mellon Trust Company, N.A.
+Added: (2027 Convertible Notes).
4.10 Form of 0.25% Convertible Senior Note due 2027 (included in Exhibit 4.8).
3 unchanged sentences
8-K 001-37622 4.1 May 20, 2021
+Added: Incorporated by Reference
+Added: Exhibit Number Description Form File No.
+Added: Exhibit Filing Date
4.12 Form of 2.75% Senior Note due 2026 (included in Exhibit 4.1 1 ).
5 unchanged sentences
8-K 001-37622 4.4 May 20, 2021
+Added: 4.15 Indenture, dated as of May 9, 2024, by and between Block, Inc.
+Added: and Bank of New York Mellon Trust Company, N.A., as Trustee (6.50% Senior Notes due 2032) .
+Added: 8-K 001-37622
+Added: 4.16 Form of 6.50% Senior Note due 2032 (included in Exhibit 4.15).
+Added: 8-K 001-37622
4.17* Description of Class A Common Stock.
−Removed: 10-K 001-37622 4.7 February 26, 2020
−Removed: Incorporated by Reference
−Removed: Exhibit Number Description Form File No.
−Removed: Exhibit Filing Date
10.1+ Form of Indemnification Agreement between the Registrant and each of its directors and executive officers.
S-1/A 333-207411 10.1 November 6, 2015
+Added: 10.2.1+ Block, Inc.
2015 Equity Incentive Plan, as amended and restated.
2 unchanged sentences
10.2.3+ Form of Restricted Stock Award and Restricted Stock Agreement.
−Removed: 10-K 001-37622 10.2.3 February 24, 2022
+Added: 10-K 001-37622 10.2.3
+Added: February 24, 2022
10.2.4+* Form of Stock Option Grant and Stock Option Agreement.
+Added: 10.3+ Block, Inc.
2015 Employee Stock Purchase Plan, as amended and restated.
10-Q 001-37622 10.1 November 3, 2022
+Added: 10.4+ Square, Inc.
2009 Stock Plan and related form agreements.
S-1 333-207411 10.4 October 14, 2015
+Added: 10.5+ Square, Inc.
Executive Incentive Compensation Plan.
S-1 333-207411 10.5 October 14, 2015
+Added: 10.6* Block, Inc.
Outside Director Compensation Policy, as amended and restated.
2 unchanged sentences
10.8+ Form of Change of Control and Severance Agreement between the Registrant and certain of its executive officers entered into on and after January 27, 2020.
+Added: 001-37622 10.8
+Added: February 22, 2024
10.9+ Offer Letter between the Registrant and Jack Dorsey, dated as of March 7, 2016.
10-K 001-37622 10.8 March 10, 2016
−Removed: Offer Letter between the Registrant and Alyssa Henry, dated as of October 1, 2015.
−Removed: S-1/A 333-207411 10.12 November 6, 2015
10.10+ Offer Letter between the Registrant and Amrita Ahuja, dated as of December 16, 2018 .
8-K 001-37622 10.1 January 4, 2019
−Removed: Separation Agreement between the Registrant and Sivan Whiteley, dated as of April 26, 2023 .
10.11 Revolving Credit Agreement dated as of May 1, 2020 among the Registrant, the Lenders Party Thereto, and Goldman Sachs Bank USA, as Administrative Agent.
12 unchanged sentences
10-K 001-37622 10.21 February 24, 2022
−Removed: Seventh Amendment to Credit Agreement, dated as of June 9, 2023, among Block, Inc., the lenders party thereto and Goldman Sachs Bank USA, as a dministrative a gent .
−Removed: 001-37622 10.1
−Removed: Master Development and Supply Agreement by and between the Registrant and TDK Corporation, dated as of October 1, 2013.
−Removed: August 3, 2023
−Removed: Master Manufacturing Agreement by and between the Registrant and Cheng Uei Precision Industry Co., Ltd., dated as of June 27, 2012.
−Removed: August 3, 2023
Incorporated by Reference
1 unchanged sentence
Exhibit Filing Date
−Removed: ASIC Development and Supply Agreement by and between the Registrant, Semiconductor Components Industries, LLC (d/b/a ON Semiconductor) and ON Semiconductor Trading, Ltd., dated as of March 25, 2013.
−Removed: Amendment 1 to ASIC Development and Supply Agreement, dated as of January 15, 2019.
−Removed: 10-K 001-37622 10.23 February 27, 2019
−Removed: Paycheck Protection Program Liquidity Facility Letter Agreement, dated as of June 2, 2020.
−Removed: 8-K 001-37622 10.2 June 3, 2020
−Removed: Paycheck Protection Program Liquidity Facility Letter of Agreement, dated as of January 29, 2021.
−Removed: 8-K 001-37622 10.2 February 3, 2021
+Added: 10.18 Seventh Amendment to Credit Agreement, dated as of June 9, 2023, among Block, Inc., the lenders party thereto and Goldman Sachs Bank USA, as Administrative Agent.
+Added: 001-37622 10.1
+Added: 10.19 Eighth Amendment to Credit Agreement, dated as of March 29, 2024, among Block, Inc., the lenders that are party thereto and Goldman Sachs Bank USA, as Administrative Agent.
+Added: 001-37622 10.1
+Added: April 1, 2024
10.20 Form of Convertible Note Hedge Confirmation.
14 unchanged sentences
8-K 001-37622 10.5 November 10, 2020
+Added: 19.1* Block, Inc.
+Added: Insider Trading Policy and Guidelines with Respect to Certain Transactions in Securities.
21.1* List of subsidiaries of the Registrant.
15 unchanged sentences
+ Indicates management contract or compensatory plan.
−Removed: # Certain portions of this exhibit have been redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K.
−Removed: The Company agrees to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission upon its request.
† The certifications attached as Exhibit 32.1 that accompany this Annual Report on Form 10-K are deemed furnished and not filed with the Securities and Exchange Commission and are not to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date of this Annual Report on Form 10-K, irrespective of any general incorporation language contained in such filing.
22 unchanged sentences
Paul Deighton
+Added: /s/ Anthony Eisen
+Added: Director February 24, 2025
+Added: Anthony Eisen
/s/ Randy Garutti Director February 24, 2025
4 unchanged sentences
Director February 24, 2025
−Removed: /s/ Sharon Rothstein Director February 22, 2024
−Removed: Sharon Rothstein
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.