1 unchanged sentence
Evaluation of Disclosure Controls and Procedures
−Removed: Our management, with the participation of our Principal Executive Officer and our Principal Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this Annual Report on Form 10-K.
+Added: Our management, with the participation of our Principal Executive Officer and our Principal Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this Annual Report on Form 10-K (the "Evaluation Date").
The term “disclosure controls and procedures,” as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), means controls and other procedures of a company that are designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms.
1 unchanged sentence
Management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving their objectives and management necessarily applies its judgment in evaluating the cost-benefit relationship of possible controls and procedures.
−Removed: Based on such evaluation, our Principal Executive Officer and Principal Financial Officer have concluded that, as of December 31, 2024, our disclosure controls and procedures were effective at the reasonable assurance level.
+Added: Based on such evaluation, our Principal Executive Officer and Principal Financial Officer have concluded that, as of the Evaluation Date, our disclosure controls and procedures were effective at the reasonable assurance level.
Changes in Internal Control over Financial Reporting
6 unchanged sentences
OTHER INFORMATION
−Removed: 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.
+Added: Securities Trading Plans of Directors and Executive Officers
+Added: During the quarterly period ended December 31, 2025, the following directors adopted or modified a “Rule 10b5-1 trading arrangement” as defined in Regulation S-K Item 408, that are each intended to satisfy the affirmative defense in Rule 10b5-1(c), as follows:
+Added: Name and Title Action Date of Adoption or Termination Expiration Date Maximum Aggregate Number of Class A Shares to be Sold
+Added: Anthony Eisen
+Added: Modification (i)
+Added: November 28, 2025 November 28, 2026, or earlier if all transactions are completed
+Added: James McKelvey
+Added: December 1, 2025 March 10, 2027, or earlier if all transactions are completed
+Added: 1,000,000 (ii)
+Added: (i) Modification of the Rule 10b5-1 plan adopted by Director Eisen on February 25, 2025.
+Added: (ii) Director McKelvey's Rule 10b5-1 trading arrangement provides for shares to be sold through the James M.
+Added: McKelvey, Jr.
+Added: Revocable Trust.
+Added: No other 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,” as defined in Regulation S-K Item 408, during the last fiscal quarter.
DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS
20 unchanged sentences
Exhibit Filing Date
−Removed: 2.1 Scheme Implementation Deed, dated as of August 2, 2021, by and among Square, Inc., Lanai (AU) 2 Pty Ltd, and Afterpay Limited.
−Removed: 8-K 001-37622 2.1 August 2, 2021
−Removed: 2.2 Amending Deed, dated as of December 7, 2021, by and among Block, Inc., Lanai (AU) 2 Pty Ltd and Afterpay Limited.
−Removed: 8-K 001-37622 2.1 December 7, 2021
3.1 Amended and Restated Certificate of Incorporation of the Registrant, as amended.
2 unchanged sentences
8-K 001-37622 3.1 October 21, 2022
−Removed: 4.2 Indenture, dated March 5, 2020, between the Registrant and The Bank of New York Mellon Trust Company, N.A.
−Removed: (2025 Convertible Notes).
−Removed: 8-K 001-37622 4.1 March 5, 2020
−Removed: 4.3* Supplemental Indenture, dated January 21, 2025, between the Registrant and The Bank of New York Mellon Trust Company, N.A.
−Removed: (2025 Convertible Notes).
−Removed: 4.4 Form of 0.125% Convertible Senior Note due 2025 (included in Exhibit 4.2).
−Removed: 8-K 001-37622 4.2 March 5, 2020
Indenture, dated November 13, 2020, between the Registrant and The Bank of New York Mellon Trust Company, N.A.
3 unchanged sentences
(2026 Convertible Notes).
+Added: 001-37622 4.6
+Added: February 24, 2025
Form of 0% Convertible Senior Note due 2026 (included in Exhibit 4.5).
5 unchanged sentences
(2027 Convertible Notes).
+Added: February 24, 2025
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
−Removed: Incorporated by Reference
−Removed: Exhibit Number Description Form File No.
−Removed: Exhibit Filing Date
Form of 2.75% Senior Note due 2026 (included in Exhibit 4.11).
8-K 001-37622 4.2 May 20, 2021
+Added: Indenture, dated as of August 18, 2025, by and between Block, Inc.
+Added: and The Bank of New York Mellon Trust Company, N.A., as Trustee (5.625% Senior Notes due 2030).
+Added: 001-37622 4.1
+Added: August 18, 2025
+Added: Form of 5.625% Senior Note due 2030 (included in Exhibit 4.
+Added: 001-37622 4.2
+Added: August 18, 2025
Indenture, dated as of May 20, 2021 by and between Square, Inc.
3 unchanged sentences
8-K 001-37622 4.4 May 20, 2021
+Added: Incorporated by Reference
+Added: Exhibit Number Description Form File No.
+Added: Exhibit Filing Date
Indenture, dated as of May 9, 2024, by and between Block, Inc.
3 unchanged sentences
8-K 001-37622
+Added: Indenture, dated as of August 18, 2025 by and between Block, Inc.
+Added: and The Bank of New York Mellon Trust Company, N.A., as Trustee (6.000% Senior Notes due 2033).
+Added: August 18, 2025
+Added: Form of 6.000% Senior Note due 2033 (included in Exhibit 4.
+Added: 001-37622 4.4
+Added: August 18, 2025
Description of Class A Common Stock.
+Added: 001-37622 4.17
+Added: February 24, 2025
Form of Indemnification Agreement between the Registrant and each of its directors and executive officers.
−Removed: S-1/A 333-207411 10.1 November 6, 2015
−Removed: 10.2.1+ Block, Inc.
+Added: 10.1 November 6, 2015
+Added: B lock , Inc.
+Added: 2025 Equity Incentive Plan.
+Added: June 23, 2025
+Added: F orm of Restri cted Stock Unit Award and Restricted Stock Unit Agreement (Directors).
+Added: June 23, 2025
+Added: Form of Restricted Stock Unit Award and Restricted Stock Unit Agreement ( Emp loyees ) .
+Added: June 23, 2025
+Added: Form of Restricted Stock Award and Restricted Stock Agreement .
+Added: June 23, 2025
+Added: Form of Stock Option Grant and Stock Option Agreement.
+Added: June 23, 2025
2015 Equity Incentive Plan, as amended and restated.
1 unchanged sentence
Form of Restricted Stock Unit Award and Restricted Stock Unit Agreement.
+Added: 001-37622 10.2.2
+Added: February 24, 2025
Form of Restricted Stock Award and Restricted Stock Agreement.
2 unchanged sentences
Form of Stock Option Grant and Stock Option Agreement.
−Removed: 10.3+ Block, Inc.
+Added: 001-37622 10.2.4
+Added: February 24, 2025
2015 Employee Stock Purchase Plan as amended and restated .
−Removed: 10-Q 001-37622 10.1 November 3, 2022
−Removed: 10.4+ Square, Inc.
−Removed: 2009 Stock Plan and related form agreements.
−Removed: S-1 333-207411 10.4 October 14, 2015
−Removed: 10.5+ Square, Inc.
+Added: 10-Q 001-37622 10.6
+Added: August 7, 2025
Executive Incentive Compensation Plan.
S-1 333-207411 10.5 October 14, 2015
−Removed: 10.6* Block, Inc.
Outside Director Compensation Policy, as amended and restated.
+Added: 001-37622 10.6 February 24, 2025
Form of Change of Control and Severance Agreement between the Registrant and certain of its executive officers.
17 unchanged sentences
8-K 001-37622 10.1 May 26, 2021
+Added: Incorporated by Reference
+Added: Exhibit Number Description Form File No.
+Added: Exhibit Filing Date
Fifth Amendment to Credit Agreement, dated as of January 28, 2022, by and among Block, Inc., the lenders party thereto, and Goldman Sachs Bank USA, as Administrative Agent .
2 unchanged sentences
10-K 001-37622 10.21 February 24, 2022
−Removed: Incorporated by Reference
−Removed: Exhibit Number Description Form File No.
−Removed: Exhibit Filing Date
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.
3 unchanged sentences
April 1, 2024
+Added: Amended and Restated Revolving Credit Agreement, dated as of January 14, 2026, among the Company, the Lenders Party Thereto, and Goldman Sachs Bank USA, as Administrative Agent.
+Added: 001-37622 10.1
+Added: January 14, 2026
Form of Convertible Note Hedge Confirmation.
14 unchanged sentences
8-K 001-37622 10.5 November 10, 2020
−Removed: 19.1* Block, Inc.
Insider Trading Policy and Guidelines with Respect to Certain Transactions in Securities.
+Added: 001-37622 19.1 February 24, 2025
21.1* List of subsidiaries of the Registrant.
49 unchanged sentences
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.