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

Mastercard Foundation sold 111,000 shares of Mastercard Inc Class A common stock at a price of $457.1457 per share on April 18, 2024.

Summary

• On April 18, 2024, Mastercard Foundation sold 111,000 shares of Mastercard Inc Class A common stock.
• The sale price was $457.1457 per share.
• Following the transaction, Mastercard Foundation beneficially owns 97,432,308 shares of Class A common stock.
• The transaction was reported on Form 4, filed with the SEC on April 19, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard SEC filing reporting a transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.

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

This filing indicates a change in the holdings of a major institutional investor in Mastercard, which is relevant to the overall market sentiment and stock performance of the company.

Stakeholder Impact

• The sale of shares by a major holder like Mastercard Foundation could potentially influence investor sentiment and, consequently, the stock price.

Key Dates