Form 4: Mastercard Executive Timothy H. Murphy Reports Stock Disposal
SEC Form 4 Filing
Timothy H. Murphy, Chief Administrative Officer of Mastercard, reported the disposal of 440 shares of Class A Common Stock on May 14, 2024.
Summary
- On May 14, 2024, Timothy H. Murphy, Chief Administrative Officer of Mastercard Inc, reported a transaction involving Class A Common Stock.
- He disposed of 440 shares at $0 per share.
- Following the transaction, Murphy directly owns 40,468.063 shares of Class A Common Stock.
- He also indirectly owns 1,000 shares through a child.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by an officer. The sentiment is neutral as it doesn't inherently indicate positive or negative news about the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- Shareholders may be interested in insider trading activity as an indicator of management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of stock disposal transaction |
| 05/15/2024 | Date of signature on the report |
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