Form 4: Mastercard Foundation Sells 115,000 Shares of Class A Common Stock
SEC Form 4
Mastercard Foundation sold 115,000 shares of Mastercard Inc Class A common stock at a price of $452.3924 per share on June 21, 2024.
Summary
- On June 21, 2024, Mastercard Foundation sold 115,000 shares of Mastercard Inc Class A common stock.
- The sale price was $452.3924 per share.
- Following the transaction, Mastercard Foundation beneficially owns 92,557,308 shares of Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a transaction. It doesn't inherently convey positive or negative sentiment, but rather reports a factual event.
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 Mastercard Foundation could have a minor impact on shareholder confidence, but the overall effect is likely to be minimal given the size of the transaction relative to Mastercard's market capitalization.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of transaction: Mastercard Foundation sold shares of Class A common stock. |
| 06/24/2024 | Date of signature for the SEC filing. |
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