Form 4: Mastercard Foundation Sells 113,000 Shares of Class A Common Stock
SEC Form 4
Mastercard Foundation sold 113,000 shares of Mastercard Inc Class A common stock at a price of $447.8491 on June 10, 2024, reducing its holdings to 93,446,308 shares.
Summary
- On June 10, 2024, the Mastercard Foundation sold 113,000 shares of Mastercard Inc Class A common stock.
- The sale price was $447.8491 per share.
- Following the transaction, the Mastercard Foundation beneficially owns 93,446,308 shares of Mastercard Inc Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a stock sale.
Industry Context
This transaction reflects a change in the holdings of a major institutional investor in Mastercard. Monitoring such transactions can provide insights into investor sentiment and potential future stock performance.
Stakeholder Impact
- The sale of shares by a major holder like the Mastercard Foundation could potentially influence investor sentiment and trading activity in Mastercard stock.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction: Mastercard Foundation sold 113,000 shares of Class A common stock. |
| 06/11/2024 | Date of signature by Jennifer Newman of Mastercard Foundation Asset Management Corp. |
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