Form 4: Mastercard Foundation Sells 107,000 Shares of Class A Common Stock
SEC Form 4 Filing
The Mastercard Foundation sold 107,000 shares of Mastercard Inc Class A common stock at a price of $444.036 per share on May 28, 2024.
Summary
- On May 28, 2024, the Mastercard Foundation sold 107,000 shares of Mastercard Inc Class A common stock.
- The sale price was $444.036 per share.
- Following the transaction, the Mastercard Foundation beneficially owns 94,441,308 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 doesn't inherently convey positive or negative sentiment.
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 holders are selling shares.
Stakeholder Impact
- The sale of shares could have a minor impact on the stock price in the short term.
- The Mastercard Foundation's continued significant holding indicates ongoing confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction: Mastercard Foundation sold 107,000 shares of Class A common stock. |
| 05/29/2024 | Date of signature on the SEC filing by Jennifer Newman of Mastercard Foundation Asset Management Corp. |
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