Form 4: Mastercard Foundation Sells 132,000 Shares of Mastercard Inc.

Mastercard Foundation sold 132,000 shares of Mastercard Inc. Class A common stock at a price of $440.7323 per share on May 2, 2024.

Summary

• On May 2, 2024, Mastercard Foundation sold 132,000 shares of Mastercard Inc.'s Class A common stock.
• The sale price was $440.7323 per share.
• Following the transaction, Mastercard Foundation beneficially owns 96,519,308 shares of Mastercard Inc. Class A common stock.
• The transaction was executed pursuant to a contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a share sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on its own analysis.

Industry Context

Sales of shares by major holders such as the Mastercard Foundation are closely watched by the market as they can indicate the holder's view on the company's prospects or be related to the holder's own financial needs. This sale represents a small fraction of the Foundation's total holdings.

Stakeholder Impact

• The sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.

Key Dates