Form 4: Mastercard Foundation Sells 114,000 Shares of Class A Common Stock

Mastercard Foundation sold 114,000 shares of Mastercard Inc Class A common stock at a price of $448.2614 per share on June 6, 2024.

Summary

• Mastercard Foundation sold 114,000 shares of Mastercard Inc Class A common stock on June 6, 2024.
• The sale price was $448.2614 per share.
• Following the transaction, Mastercard Foundation beneficially owns 93,674,308 shares of Class A common stock.
• The transaction was reported on Form 4, filed with the SEC on June 7, 2024.

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 rather provides factual information about the transaction.

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 common and can be for a variety of reasons, including portfolio rebalancing or funding other initiatives. The sale represents a small fraction of the total shares held by the Mastercard Foundation.

Stakeholder Impact

• The sale of shares could have a minor impact on shareholders due to the potential for slight price fluctuations, but the overall impact is likely minimal given the size of the transaction relative to the total outstanding shares.

Key Dates