Form 4: Mastercard Foundation Sells 116,000 Shares of Class A Common Stock

Mastercard Foundation sold 116,000 shares of Mastercard Inc Class A common stock at a price of $443.6333 on June 14, 2024.

Summary

• On June 14, 2024, Mastercard Foundation sold 116,000 shares of Mastercard Inc Class A common stock.
• The sale price was $443.6333 per share.
• Following the transaction, Mastercard Foundation beneficially owns 92,998,308 shares of Class A common stock.
• The transaction was reported by Mastercard Foundation and Mastercard Foundation Asset Management Corp.
• Mastercard Foundation Asset Management (MFAM) is the investment manager for shares of Class A common stock of Mastercard Incorporated directly held by Mastercard Foundation (MF).

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.

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

This filing indicates a change in the holdings of a major shareholder, which is a common occurrence. The sale of shares by Mastercard Foundation could be for various reasons, including portfolio rebalancing or funding other initiatives.

Stakeholder Impact

• The sale of shares could have a minor impact on shareholders, potentially causing a slight decrease in the stock price due to increased supply.

Key Dates