Form 4: Mastercard Foundation Sells 108,000 Shares of Mastercard Inc.
SEC Form 4
Mastercard Foundation sold 108,000 shares of Mastercard Inc. Class A common stock at a price of $457.208 per share on May 21, 2024.
Summary
- On May 21, 2024, Mastercard Foundation sold 108,000 shares of Mastercard Inc. Class A common stock.
- The sale price was $457.208 per share.
- Following the transaction, Mastercard Foundation beneficially owns 94,863,308 shares of Mastercard Inc. Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares. It's a neutral event, not inherently positive or negative.
Industry Context
Sales of shares by major holders such as this are a normal part of market activity. The sale by Mastercard Foundation may be for portfolio rebalancing or to fund their philanthropic activities.
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
| Date | Description |
|---|---|
| 05/21/2024 | Date of transaction: Mastercard Foundation sold 108,000 shares of Mastercard Inc. |
| 05/23/2024 | Date of signature by Jennifer Newman of Mastercard Foundation Asset Management Corp. |
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