Form 4: Mastercard Foundation Sells 104,000 Shares of Class A Common Stock

The Mastercard Foundation sold 104,000 shares of Mastercard Inc Class A common stock at a price of $442.7045 on May 30, 2024.

Summary

• On May 30, 2024, the Mastercard Foundation sold 104,000 shares of Mastercard Inc Class A common stock.
• The sale price was $442.7045 per share.
• Following the transaction, the Mastercard Foundation beneficially owns 94,227,308 shares of Mastercard Inc Class A common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

Management Comments

• Mastercard Foundation Asset Management ('MFAM'), a wholly owned subsidiary of Mastercard Foundation ('MF'), is the investment manager for shares of Class A common stock of Mastercard Incorporated directly held by MF.
• MFAM disclaims any pecuniary interest in such shares.

Industry Context

Sales of shares by major holders are a normal part of market activity. The sale by the Mastercard Foundation could be for various reasons, including portfolio rebalancing or funding philanthropic activities. It is important to monitor if other major shareholders are making similar moves.

Stakeholder Impact

• The sale of shares could have a minor impact on the stock price, but given the relatively small number of shares sold compared to the total outstanding, the impact is likely to be minimal.

Key Dates