Form 4: Mastercard Foundation Sells 115,000 Shares of Mastercard Inc.
SEC Form 4 Filing
Mastercard Foundation sold 115,000 shares of Mastercard Inc. Class A common stock at a price of $461.0596 per share on April 25, 2024.
Summary
- On April 25, 2024, Mastercard Foundation sold 115,000 shares of Mastercard Inc.'s Class A common stock.
- The sale price was $461.0596 per share.
- Following the transaction, Mastercard Foundation still beneficially owns 96,881,308 shares of Mastercard Inc.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but the sale of shares by a major holder could be interpreted neutrally to slightly negatively depending on the broader context.
Industry Context
This transaction represents a significant sale of shares by a major shareholder, the Mastercard Foundation. Such transactions are routinely monitored by investors for insights into the perspectives of large stakeholders.
Stakeholder Impact
- The sale of shares could potentially impact shareholder value, depending on market reaction.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of transaction: Mastercard Foundation sold 115,000 shares of Class A common stock. |
| 04/26/2024 | Date of signature for the SEC filing. |
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