Form 4: Mastercard Foundation Sells 111,000 Shares of Class A Common Stock

The Mastercard Foundation sold 111,000 shares of Mastercard Inc Class A common stock at a price of $451.0714 on June 20, 2024.

Summary

• On June 20, 2024, the Mastercard Foundation sold 111,000 shares of Mastercard Inc Class A common stock.
• The sale price was $451.0714 per share.
• Following the transaction, the Mastercard Foundation beneficially owns 92,672,308 shares of 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 is neutral in tone and does not contain any information that would significantly impact sentiment.

Management Comments

• Mastercard Foundation Asset Management ('MFAM'), a wholly owned subsidiary of Mastercard Foundation ('MF'), is the investment manager for shares of Class A common stock of Mastercard Incorporated directly held by MF.
• MFAM disclaims any pecuniary interest in such shares.

Industry Context

Sales of shares by major holders are a normal part of market activity. The size of this sale is relatively small compared to the total outstanding shares of Mastercard.

Stakeholder Impact

• The sale of shares may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely to be minimal.

Key Dates