Form 4: Mastercard Director Harit Talwar Acquires 545 Class A Common Stock Units
SEC Form 4 Filing
Director Harit Talwar acquired 545 Class A Common Stock units of Mastercard Inc. on June 18, 2024, according to a Form 4 filing.
Summary
- On June 18, 2024, Harit Talwar, a director of Mastercard Inc., acquired 545 shares of Class A Common Stock.
- The shares were acquired at a price of $0.
- Following the transaction, Talwar directly owns 2,208 shares of Class A Common Stock.
- The acquisition was a deferred stock unit award that vested on June 18, 2024, and will be settled on June 18, 2028.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares by a director may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/07/2022 | Date of power of attorney granted to Craig Brown. |
| 06/18/2024 | Date of transaction and vesting of deferred stock units. |
| 06/18/2028 | Date of settlement for the deferred stock units. |
| 06/21/2024 | Date of signature on the Form 4 filing. |
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