Form 4: Mastercard Foundation Sells 116,000 Shares of Mastercard Inc.

Mastercard Foundation sold 116,000 shares of Mastercard Inc. Class A common stock at a price of $445.039 per share on May 1, 2024.

Summary

• On May 1, 2024, Mastercard Foundation sold 116,000 shares of Mastercard Inc. Class A common stock.
• The sale price was $445.039 per share.
• Following the transaction, Mastercard Foundation directly owns 96,651,308 shares of Mastercard Inc. Class A common stock.
• The reporting entity includes Mastercard Foundation and Mastercard Foundation Asset Management Corp.
• Mastercard Foundation Asset Management (MFAM) is a wholly-owned subsidiary of Mastercard Foundation (MF) and acts as the investment manager for the shares.
• MFAM disclaims any pecuniary interest in the shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It is neutral in tone and does not contain information that would significantly impact investor sentiment.

Management Comments

• Mastercard Foundation Asset Management disclaims any pecuniary interest in such shares.

Industry Context

Sales of shares by major holders are common and can be driven by a variety of factors, including portfolio rebalancing or funding other initiatives. The sale by Mastercard Foundation is unlikely to have a significant impact on Mastercard's overall performance or stock valuation, given the relatively small size of the transaction compared to the total outstanding shares.

Stakeholder Impact

• The sale of shares by Mastercard Foundation may have a minor impact on shareholders due to the change in ownership structure, but the impact is expected to be minimal.

Key Dates