Form 4: Mastercard Foundation Sells 119,000 Shares of Class A Common Stock

The Mastercard Foundation sold 119,000 shares of Mastercard Inc Class A common stock at a price of $468.4602 on August 16, 2024, reducing its holdings to 92,033,308 shares.

Summary

• On August 16, 2024, the Mastercard Foundation sold 119,000 shares of Mastercard Inc Class A common stock.
• The sale price was $468.4602 per share.
• Following the transaction, the Mastercard Foundation beneficially owns 92,033,308 shares of Mastercard Inc Class A common stock.
• The transaction was reported by Mastercard Foundation Asset Management Corp, a wholly-owned subsidiary of Mastercard Foundation, which acts as the investment manager for the shares.

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 the size of the sale could be interpreted in different ways depending on the context.

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 a normal part of market activity. It is important to monitor the reasons for the sale and whether it is part of a larger trend.

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