Form 4: Mastercard Foundation Sells 112,000 Shares of Class A Common Stock
SEC Form 4 Filing
Mastercard Foundation sold 112,000 shares of Mastercard Inc Class A common stock at a price of $447.085 on June 11, 2024.
Summary
- On June 11, 2024, Mastercard Foundation sold 112,000 shares of Mastercard Inc Class A common stock.
- The sale price was $447.085 per share.
- Following the transaction, Mastercard Foundation beneficially owns 93,334,308 shares of Class A common stock.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of a transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This transaction represents a change in holdings by a major shareholder, the Mastercard Foundation, and is a routine disclosure required by the SEC. It's important for investors to monitor such transactions as they can provide insights into the perspectives of major stakeholders.
Stakeholder Impact
- The sale of shares by a major shareholder like the Mastercard Foundation could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small size of the sale compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Date of transaction: Sale of 112,000 shares of Class A common stock. |
| 06/12/2024 | Date of signature for the SEC filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.