Form 4: Mastercard Foundation Sells 110,000 Shares of Mastercard Inc.
SEC Form 4 Filing
Mastercard Foundation sold 110,000 shares of Mastercard Inc. Class A common stock at a price of $461.6609 per share on April 23, 2024.
Summary
- On April 23, 2024, Mastercard Foundation sold 110,000 shares of Mastercard Inc. Class A common stock.
- The sale price was $461.6609 per share.
- Following the transaction, Mastercard Foundation beneficially owns 97,105,308 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, but the sale itself could be interpreted as slightly negative, although it's a small portion of their holdings.
Industry Context
Large institutional holders like the Mastercard Foundation periodically adjust their holdings for various reasons, including portfolio rebalancing or to fund charitable activities. This sale represents a small fraction of their overall holdings.
Stakeholder Impact
- The sale of shares could have a minor impact on shareholders, potentially causing a slight dip in the stock price, although the volume is relatively small compared to the overall market capitalization of Mastercard.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Date of transaction: Mastercard Foundation sold 110,000 shares of Mastercard Inc. |
| 04/24/2024 | Date of signature on the SEC filing. |
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