Form 4: Mastercard Executive Venkata Madabhushi Reports Stock Transactions
SEC Form 4
Venkata Madabhushi, a Mastercard executive, reports the acquisition and disposal of Class A Common Stock and Employee Stock Options related to vesting restricted stock units and performance stock units.
Summary
- On March 1, 2025, Venkata Madabhushi, Chief Marketing & Communications Officer of Mastercard Inc., engaged in several transactions involving Mastercard's Class A Common Stock.
- These transactions included the withholding of shares to cover tax liabilities related to vesting restricted stock units and performance stock units.
- Madabhushi also received an award of restricted stock units and earned performance stock units.
- Additionally, Madabhushi acquired employee stock options.
- Following these transactions, Madabhushi directly owns 19,594.79 shares of Class A Common Stock and 5,185 Employee Stock Options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
Restricted stock units and employee stock options vest in three equal annual installments beginning March 1, 2026, while performance stock units will settle on March 1, 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, common in publicly traded companies like Mastercard. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership of shares.
- Employees who are granted stock options or restricted stock units may be impacted positively.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date of grant for performance stock units that contained performance-vesting requirements. |
| 04/23/2019 | Date of power of attorney for Craig Brown. |
| 03/01/2024 | Performance stock units were fully earned and vested. |
| 03/01/2025 | Date of transactions including withholding of shares, award of restricted stock units, and acquisition of employee stock options; performance stock units settled. |
| 03/01/2025 | Performance stock units were fully earned and vested. |
| 03/01/2026 | Settlement date for earned performance stock units granted on March 1, 2022. |
| 03/01/2026 | First vesting date for restricted stock units awarded on March 1, 2025. |
| 03/01/2026 | First vesting date for employee stock options. |
| 03/01/2035 | Expiration date for employee stock options. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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