Form 4: Mastercard Foundation Sells 131,000 Shares of Class A Common Stock

The Mastercard Foundation sold 131,000 shares of Mastercard Inc Class A common stock at a price of $459.4631 per share on June 24, 2024.

Summary

• On June 24, 2024, the Mastercard Foundation sold 131,000 shares of Mastercard Inc Class A common stock.
• The sale price was $459.4631 per share.
• Following the transaction, the Mastercard Foundation beneficially owns 92,426,308 shares of Mastercard Inc Class A common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a transaction without expressing any positive or negative outlook.

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 transaction represents a change in holdings by a major institutional investor in Mastercard, which could be of interest to other investors and analysts monitoring the stock's performance and ownership structure.

Stakeholder Impact

• The sale of shares may have a minor impact on shareholders due to the change in ownership structure.
• The transaction does not appear to directly impact employees, customers, suppliers, or creditors.

Key Dates