UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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| 1 | We have adopted a distributed work model and, therefore, have no formal headquarters. This address represents our “principal executive office,” which we are required to identify under Securities and Exchange Commission rules. |
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 10, 2024, Sharon Rothstein informed Block, Inc. (the “Company”) that she would not stand for re-election as a Class III member of the Board of Directors of the Company (the “Board”) at the Company’s 2024 annual meeting of stockholders (the “Annual Meeting”) expected to take place on June 18, 2024. She will continue to serve through the end of her current term which ends on the date of the Annual Meeting. Ms. Rothstein’s decision to not stand for re-election was a result of wanting to devote more time to other professional and personal activities and was not a result of any disagreements with the Company on any matter relating to the Company’s operations, policies or practices. The Board thanks Ms. Rothstein for her service and valuable contributions to the Company.
The Company anticipates that the Board will decrease the size of the Board from ten to nine directors, effective at the Annual Meeting.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLOCK, INC. | ||||||
| Date: April 15, 2024 | By: | /s/ Chrysty Esperanza | ||||
| Chrysty Esperanza Chief Legal Officer and Corporate Secretary | ||||||
Document and Entity Information |
Apr. 10, 2024 |
|---|---|
| Cover [Abstract] | |
| Amendment Flag | false |
| Entity Central Index Key | 0001512673 |
| Document Type | 8-K |
| Document Period End Date | Apr. 10, 2024 |
| Entity Registrant Name | Block, Inc. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-37622 |
| Entity Tax Identification Number | 80-0429876 |
| Entity Address, Address Line One | 1955 Broadway |
| Entity Address, Address Line Two | Suite 600 |
| Entity Address, City or Town | Oakland |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 94612 |
| City Area Code | (415) |
| Local Phone Number | 375-3176 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Class A Common Stock, $0.0000001 par value per share |
| Trading Symbol | SQ |
| Security Exchange Name | NYSE |
| Entity Emerging Growth Company | false |