Form 4: Mastercard Foundation Sells 129,000 Shares of Class A Common Stock

The Mastercard Foundation sold 129,000 shares of Mastercard Inc Class A common stock at a price of $461.6802 on May 16, 2024.

Summary

• On May 16, 2024, the Mastercard Foundation sold 129,000 shares of Mastercard Inc Class A common stock.
• The sale price was $461.6802 per share.
• Following the transaction, the Mastercard Foundation beneficially owns 95,093,308 shares of Class A common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale, which is neutral in sentiment.

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, but can be watched closely by investors for signals about the company's prospects.

Stakeholder Impact

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

Key Dates