Form 4: Mastercard Director Oki Matsumoto Disposes of Shares for Tax Obligations

Mastercard Inc. Director Oki Matsumoto reported a routine disposition of 86 Class A Common Stock shares to cover tax liabilities associated with previously vested deferred stock units.

Summary

• Oki Matsumoto, a Director at Mastercard Inc. (MA), reported a transaction on June 22, 2025.
• The transaction involved the disposition of 86 shares of Class A Common Stock.
• The shares were disposed of at a price of $532.835 per share.
• This disposition was a withholding of shares to pay tax liability incident to the settlement for a U.S. non-resident director of previously fully vested deferred stock units.
• Following this transaction, Oki Matsumoto beneficially owns 7,725 shares of Class A Common Stock.
• The filing was signed by Craig Brown, as attorney-in-fact for Oki Matsumoto, pursuant to a power of attorney dated June 23, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes, not indicative of a strategic move or change in confidence.

Negatives

• The reporting person's direct beneficial ownership of Class A Common Stock decreased by 86 shares due to tax withholding.

Future Outlook

Not applicable. This document reports a past transaction and does not provide forward-looking statements or guidance.

Management Comments

• The transaction 'Represents withholding of shares to pay tax liability incident to the settlement for a U.S. non-resident director of previously fully vested deferred stock units.'

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a tax-related disposition of shares. It does not provide insights into broader industry trends or competitive dynamics within the payments or financial technology sectors.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a small, routine transaction for tax purposes by a director, not a discretionary sale that would signal a change in outlook.

Key Dates

Keywords

Mastercard, MA, SEC Form 4, Insider Transaction, Director, Stock Disposition, Tax Withholding, Equity Compensation, Oki Matsumoto