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

Sentiment:

SEC Form 4 Filing


Mastercard Foundation sold 104,000 shares of Mastercard Inc Class A common stock at a price of $453.2532 per share on May 23, 2024.

Summary

  • On May 23, 2024, Mastercard Foundation sold 104,000 shares of Mastercard Inc Class A common stock.
  • The sale price was $453.2532 per share.
  • Following the transaction, Mastercard Foundation directly owns 94,652,308 shares of Mastercard Inc Class A common stock.
  • The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This transaction represents a change in the holdings of a major shareholder, the Mastercard Foundation, and is a routine disclosure required by the SEC. It provides transparency into the actions of significant stakeholders in Mastercard Inc.

Stakeholder Impact

  • The sale of shares by a major shareholder like the Mastercard Foundation could have a minor impact on investor sentiment, but the overall impact is likely to be minimal given the size of the transaction relative to the total outstanding shares.

Key Dates

DateDescription
05/23/2024Date of transaction: Mastercard Foundation sold 104,000 shares of Class A common stock.
05/24/2024Date of signature on the SEC filing.

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