Form 4: Mastercard Foundation Sells 104,000 Shares of Mastercard Inc.
SEC Form 4 Filing
Mastercard Foundation sold 104,000 shares of Mastercard Inc. Class A common stock at a price of $451.5117 per share on May 24, 2024.
Summary
- On May 24, 2024, Mastercard Foundation sold 104,000 shares of Mastercard Inc. Class A common stock.
- The sale price was $451.5117 per share.
- Following the transaction, Mastercard Foundation beneficially owns 94,548,308 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 sale of shares. It is neutral in tone and does not indicate any particular positive or negative sentiment.
Industry Context
Sales of shares by major holders are a normal part of market activity. The size of the sale is small relative to the total shares outstanding.
Stakeholder Impact
- The sale of shares could have a minor impact on shareholders due to the increased supply in the market, but the large volume of shares still held by Mastercard Foundation suggests a continued long-term interest in the company.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of transaction: Mastercard Foundation sold 104,000 shares of Mastercard Inc. |
| 05/28/2024 | Date of signature on the Form 4 filing. |
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