Form 4: Mastercard Foundation Sells 109,000 Shares of Mastercard Inc.
SEC Form 4 Filing
Mastercard Foundation sold 109,000 shares of Mastercard Inc. Class A common stock at a price of $462.7815 per share on April 24, 2024.
Summary
- On April 24, 2024, Mastercard Foundation sold 109,000 shares of Mastercard Inc. Class A common stock.
- The sale price was $462.7815 per share.
- Following the transaction, Mastercard Foundation beneficially owns 96,996,308 shares of Mastercard Inc. Class A common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of share sales by a major holder.
Industry Context
This Form 4 filing indicates a change in the holdings of a major shareholder, the Mastercard Foundation, which is relevant to investors monitoring institutional ownership trends in Mastercard Inc.
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 |
|---|---|
| 04/24/2024 | Date of transaction: Mastercard Foundation sold 109,000 shares of Mastercard Inc. |
| 04/25/2024 | Date of signature of the report by Jennifer Newman of Mastercard Foundation Asset Management Corp |
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