Form 4: Mastercard Foundation Sells 107,000 Shares of Mastercard Inc.
SEC Form 4 Filing
Mastercard Foundation sold 107,000 shares of Mastercard Inc. Class A common stock at a price of $458.7098 per share on May 22, 2024.
Summary
- Mastercard Foundation sold 107,000 shares of Mastercard Inc. Class A common stock on May 22, 2024.
- The sale price was $458.7098 per share.
- Following the transaction, Mastercard Foundation beneficially owns 94,756,308 shares of Mastercard Inc. Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but the sale of shares could be interpreted neutrally or slightly negatively depending on the context.
Industry Context
Sales of shares by major holders such as the Mastercard Foundation are routinely monitored by the market for signals about the company's prospects, although in this case the Foundation's mission to promote social good may be a factor in the sale.
Stakeholder Impact
- The sale of shares by a major holder like Mastercard Foundation could have a minor impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Sale of 107,000 shares of Class A common stock. |
| 05/23/2024 | Date of signature for the SEC filing. |
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