Form 4: Mastercard Foundation Sells 122,000 Shares of Class A Common Stock
SEC Form 4 Filing
Mastercard Foundation sold 122,000 shares of Mastercard Inc Class A common stock at a price of $460.2006 per share on May 17, 2024.
Summary
- On May 17, 2024, Mastercard Foundation sold 122,000 shares of Mastercard Inc Class A common stock.
- The sale price was $460.2006 per share.
- Following the transaction, Mastercard Foundation beneficially owns 94,971,308 shares of Class A common stock.
- 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 sale of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales of shares by major holders are a normal part of market activity. The size of this sale is relatively small compared to the overall holdings of Mastercard Foundation.
Stakeholder Impact
- The sale of shares by a major holder could have a minor impact on shareholder sentiment, but the overall impact is likely to be minimal given the size of the transaction relative to the total shares outstanding.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of transaction: Mastercard Foundation sold 122,000 shares of Class A common stock. |
| 05/21/2024 | Date of signature on the SEC filing. |
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