secwatch / observer

Block, Inc. — fact timeline

Source-grounded facts extracted from Block, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

XYZ Block, Inc. JSON
Shareholder Votes

Block, Inc. shareholders rejected Stockholder proposal to establish a board-level technology committee at the 2026-06-16 meeting.

“4. Vote on Stockholder Proposal to Establish Board-Level Technology Committee Votes For Votes Against Votes Abstained Broker Non-Votes 39,387,499 954,273,725 2,828,680 55,865,373 The stockholders did not approve the stockholder proposal to establish a board-level technology committee.”
Shareholder Votes

Block, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-06-16 meeting.

“3. Ratification of Appointment of Independent Registered Public Accounting Firm Votes For Votes Against Votes Abstained 1,050,711,108 1,205,435 438,734 The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2026.”
Shareholder Votes

Block, Inc. shareholders approved Advisory Vote on Compensation of Named Executive Officers at the 2026-06-16 meeting.

“2. Advisory Vote on Compensation of Named Executive Officers Votes For Votes Against Votes Abstained Broker Non-Votes 974,750,909 21,495,833 243,162 55,865,373 The stockholders advised that they were in favor of the compensation of the Company’s named executive officers.”
Shareholder Votes

Block, Inc. shareholders approved Election of four Class II directors at the 2026-06-16 meeting.

“1. Election of Directors Nominee Votes For Votes Withheld Broker Non-Votes Roelof Botha 869,045,360 127,444,544 55,865,373 Amy Brooks 826,229,959 170,259,945 55,865,373 Shawn Carter 920,349,217 76,140,687 55,865,373 James McKelvey 935,048,041 61,441,863 55,865,373 Each director-nominee was duly elected as a Class II director to serve until the Company’s 2029 annual meeting of stockholders and until his or her successor is duly elected and qualified.”

Arnaud Weber departed as Engineering Lead at Block, Inc..

“the Company announced that Arnaud Weber, the Company’s Engineering Lead, departed the Company on June 5, 2026.”
Earnings Releases

Block, Inc. reported first quarter ended March 31, 2026 results: EPS $ (0.52). Guidance raised.

“Item 2.02 Results of Operations and Financial Condition. On May 7, 2026, Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the first quarter ended March 31, 2026.”

Amrita Ahuja changed role as interim principal accounting officer at Block, Inc..

“Ms. Acosta will assume the responsibilities of principal accounting officer from Amrita Ahuja, who has been serving as interim principal accounting officer. Ms. Ahuja will continue in her roles as the Company’s Chief Financial Officer and Chief Operating Officer.”

Andrea Acosta was appointed as Chief Accounting Officer at Block, Inc..

“On April 30, 2026, the Board of Directors of Block, Inc. (the “Company”) appointed Andrea Acosta as the Company’s Chief Accounting Officer (principal accounting officer), effective as of May 26, 2026.”
Restructurings & Charges

Block, Inc. announced a restructuring with charges of approximately $450 million to $500 million (reduce our current workforce by more than 40%).

“On February 26, 2026, the Company announced a workforce reduction restructuring plan (the “Workforce Plan”) designed to better align our organizational structure with our operating model and strategic priorities. As part of the Workforce Plan, we expect to reduce our current workforce by more than 40%. The Company currently estimates that we will incur charges of approximately $450 million to $500 million in connection with the Workforce Plan”
Material Agreements

Block, Inc. amended Amended and Restated Revolving Credit Agreement with Goldman Sachs Bank USA valued at amended and restated unsecured revolving loan facility from $775.0M to $900.0M (effective 2026-01-14).

“On January 14, 2026, Block, Inc. ("Block") entered into an Amended and Restated Revolving Credit Agreement (the "Restated Credit Agreement"), among Block, the lenders that are party thereto, and Goldman Sachs Bank USA, as administrative agent ("Administrative Agent").”
Debt Financings

Block, Inc. incurred senior notes of $1.0 billion in aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 6.000% maturing August 15, 2033.

“I therein (the “Initial Purchasers”), relating to the sale by the Company of $1.2 billion aggregate principal amount of its 5.625% Senior Notes due 2030 (the “2030 Notes”), and $1.0 billion in aggregate principal amount of its 6.000% Senior Notes due 2033 (the “2033 Notes” and, together with the 2030 Notes, the “Notes”) in private placements to persons reasonably”
Debt Financings

Block, Inc. incurred senior notes of $1.2 billion aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 5.625% maturing August 15, 2030.

“with Goldman Sachs & Co. LLC, as representative of the several initial purchasers listed in Schedule I therein (the “Initial Purchasers”), relating to the sale by the Company of $1.2 billion aggregate principal amount of its 5.625% Senior Notes due 2030 (the “2030 Notes”), and $1.0 billion in aggregate principal amount of its 6.000% Senior Notes due 2033 (the “2033”

Anthony Eisen was elected as Class III Director at Block, Inc..

“On February 6, 2025, the Board of Directors (the “Board”) of Block, Inc. (the “Company”) increased the size of the Board from nine to ten directors and elected Anthony Eisen to the Board as a Class III director, effective February 6, 2025.”
Debt Financings

Block, Inc. incurred senior notes of $2.0 billion in aggregate principal amount with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC at 6.50% per annum maturing May 15, 2032.

“Morgan Stanley & Co. LLC, as representatives of the several initial purchasers listed in Schedule I therein (the “Initial Purchasers”), relating to the sale by the Company of $2.0 billion in aggregate principal amount of its 6.50% Senior Notes due 2032 (the “Notes”) in private placements to persons reasonably believed to be “qualified institutional buyers””
Material Agreements

Block, Inc. entered into Indenture with Bank of New York Mellon Trust Company, N.A. valued at 6.50% Senior Notes due 2032, $2.0 billion aggregate principal amount (effective 2024-05-09).

“On May 9, 2024, the Company entered into an indenture relating to the issuance of the Notes (the “Indenture”), by and between the Company and the Bank of New York Mellon Trust Company, N.A. (the “Trustee”), as trustee of the Notes.”
Material Agreements

Block, Inc. entered into Purchase Agreement with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC valued at $2.0 billion aggregate principal amount of 6.50% Senior Notes due 2032 (effective 2024-05-06).

“On May 6, 2024, Block, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the several initial purchasers listed in Schedule I therein (the “Initial Purchasers”), relating to the sale by the Company of $2.0 billion in aggregate principal amount of its 6.50% Senior Notes due 2032 (the “Notes”) in private placements to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.”

Sharon Rothstein departed as Class III Director at Block, Inc..

“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”
Material Agreements

Block, Inc. amended Eighth Amendment to Revolving Credit Agreement with Goldman Sachs Bank USA, as administrative agent (effective 2024-03-29).

“On March 29, 2024, Block, Inc. (formerly known as Square, Inc.) (“Block”) entered into the Eighth Amendment to Revolving Credit Agreement, among Block, the lenders that are party thereto, and Goldman Sachs Bank USA, as administrative agent (the “Revolver Amendment”).”
Earnings Releases

Block, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

“On February 22, 2024, Block, Inc. (the "Company") issued a Shareholder Letter (the "Letter") announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023.”

Larry Summers departed as member of the board of directors at Block, Inc..

“On February 9, 2024, Larry Summers informed Block, Inc. (the “Company”) that he is resigning as a member of the board of directors of the Company (the “Board”), effective immediately, in order to devote more time to his other professional and personal commitments.”

Jack Dorsey was appointed as Square Head at Block, Inc..

“Jack Dorsey, the Company’s Block Head and Chairperson, will also serve as the Square Head.”

Alyssa Henry departed as Square Chief Executive Officer at Block, Inc..

“Alyssa Henry, the Square Chief Executive Officer of Block, Inc. (the “Company”) will depart the Company effective October 2, 2023.”
Earnings Releases

Block, Inc. reported second quarter ended June 30, 2023 results: revenue $5.53 billion.

“$187M $281M ($114M) ($123M) YoY ($208M) Growth (48%) (40%) 53% 89% 105% Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 2022 2023 2022 2023 In the second quarter of 2023, total net revenue was $5.53 billion, up 26% year over year, and, excluding bitcoin revenue, revenue was $3.14 billion, up 20% year over year. Reconciliations of”

Neha Narula was elected as Class I director at Block, Inc..

“On July 27, 2023, the Board of Directors (the “Board”) of Block Inc. (the “Company”) increased the size of the Board from eleven to twelve directors and elected Neha Narula to the Board as a Class I director, effective July 27, 2023.”

Darren Walker resigned as Director at Block, Inc..

“On July 5, 2023, Darren Walker informed Block, Inc. (the “Company”) that he is resigning as a member of the board of directors of the Company (the “Board”), effective August 1, 2023, in order to devote more time to his other professional and personal commitments.”
Shareholder Votes

Block, Inc. shareholders rejected To vote upon a proposal submitted by one of our stockholders regarding diversity and inclusion disclosure at the 2023-06-13 meeting.

“4. Stockholder Proposal Regarding Diversity and Inclusion Disclosure Votes For Votes Against Votes Abstained Broker Non-Votes 139,610,531 798,419,776 3,029,361 79,241,669 The stockholders rejected the stockholder proposal regarding diversity and inclusion disclosure.”
Shareholder Votes

Block, Inc. shareholders approved To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2023 at the 2023-06-13 meeting.

“3. Ratification of Appointment of Independent Registered Public Accounting Firm Votes For Votes Against Votes Abstained 1,018,602,316 720,206 978,815 The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023.”
Shareholder Votes

Block, Inc. shareholders approved To approve, on an advisory basis, the compensation of the Company's named executive officers at the 2023-06-13 meeting.

“2. Advisory Vote on Compensation of Named Executive Officers Votes For Votes Against Votes Abstained Broker Non-Votes 921,380,090 18,879,690 799,888 79,241,669 The stockholders advised that they were in favor of the compensation of the Company’s named executive officers.”
Shareholder Votes

Block, Inc. shareholders approved To elect four Class II directors to serve until the 2026 annual meeting of stockholders and until their successors are duly elected and qualified at the 2023-06-13 meeting.

“Nominee Votes For Votes Withheld Broker Non-Votes Roelof Botha 826,026,937 115,032,731 79,241,669 Amy Brooks 823,821,202 117,238,466 79,241,669 Shawn Carter 908,855,598 32,204,070 79,241,669 James McKelvey 914,255,417 26,804,251 79,241,669 Each director-nominee was duly elected as a Class II director to serve until the Company’s 2026 annual meeting of stockholders and until his or her successor is duly elected and qualified.”
Debt Financings

Block, Inc. amended credit facility of up to $775 million with Goldman Sachs Bank USA, as administrative agent at Term SOFR plus a margin of between 1.25% and 1.75% or base rate plus margin rang maturing June 9, 2028.

“million. With the additional revolving loan commitments, the total revolving commitments under the Amended Credit Agreement increased to an aggregate principal amount of up to $775 million. Under the Amended Credit Agreement, the revolving loans bear interest, at Block’s option, at an annual rate based on the forward-looking term rate based on the secured overnight”
Material Agreements

Block, Inc. amended Seventh Amendment to Revolving Credit Agreement with Goldman Sachs Bank USA, as administrative agent valued at aggregate principal amount of up to $175 million (effective 2023-06-09).

“On June 9, 2023, Block, Inc. (formerly known as Square, Inc.) (“Block”) entered into the Seventh Amendment to Revolving Credit Agreement, among Block, the lenders that are party thereto, and Goldman Sachs Bank USA, as administrative agent (the “Revolver Amendment”).”
Earnings Releases

Block, Inc. reported first quarter of 2023 results: revenue $4.99 billion.

“In the first quarter of 2023, total net revenue was $4.99 billion, up 26% year over year”
Earnings Releases

Block, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

“On February 23, 2023, Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the fourth quarter and fiscal year ended December 31, 2022.”

Chrysty Esperanza was appointed as Interim Chief Legal Officer and Corporate Secretary at Block, Inc..

“The Company’s current General Counsel, Chrysty Esperanza, will serve as the Interim Chief Legal Officer and Corporate Secretary, effective upon Ms. Whiteley’s resignation.”

Sivan Whiteley resigned as Chief Legal Officer and Corporate Secretary at Block, Inc..

“On January 9, 2023, Sivan Whiteley, the Chief Legal Officer and Corporate Secretary of Block, Inc. (the “Company”), informed the Company of her intention to resign from her position, with her resignation effective as of February 16, 2023.”
Earnings Releases

Block, Inc. reported financial results for the third quarter ended September 30, 2022.

“Block, Inc. (the “Company”) issued a Shareholder Letter (the “Letter”) announcing its financial results for the third quarter ended September 30, 2022.”

Anna Patterson departed as Director at Block, Inc..

“On April 11, 2022, David Viniar and Anna Patterson informed Block, Inc. (the “Company”) that they would not stand for re-election as Class I members of the Board of Directors of the Company (the “Board”) at the Company’s 2022 annual meeting of stockholders (the “Annual Meeting”) expected to take place on June 14, 2022.”

David Viniar departed as Director at Block, Inc..

“On April 11, 2022, David Viniar and Anna Patterson informed Block, Inc. (the “Company”) that they would not stand for re-election as Class I members of the Board of Directors of the Company (the “Board”) at the Company’s 2022 annual meeting of stockholders (the “Annual Meeting”) expected to take place on June 14, 2022.”

Sharon Rothstein was appointed as Class III Director at Block, Inc..

“Block’s board of directors (the “Board”) increased the size of the Board from twelve to thirteen directors and appointed Sharon Rothstein, former director of Afterpay, to the Board as a Class III director, effective as of immediately following the closing of the Transaction on January 31, 2022 (Pacific Standard Time) / February 1, 2022 (Australian Eastern Daylight Time).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.