Form 4: Mastercard Foundation Sells 138,000 Shares of Class A Common Stock
SEC Form 4 Filing
The Mastercard Foundation sold 138,000 shares of Mastercard Inc Class A common stock at a price of $453.1946 per share on June 26, 2024.
Summary
- On June 26, 2024, the Mastercard Foundation sold 138,000 shares of Mastercard Inc Class A common stock.
- The sale price was $453.1946 per share.
- Following the transaction, the Mastercard Foundation beneficially owns 92,152,308 shares of Mastercard Inc 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 is neutral in tone and does not contain any information that would significantly impact sentiment.
Industry Context
Sales of shares by major holders are a normal part of market activity. It is important to consider the size of the sale in relation to the overall holdings. In this case, the sale represents a small fraction of the total shares held by the Mastercard Foundation.
Stakeholder Impact
- The sale of shares could have a minor impact on shareholders, depending on market reaction.
- The sale is unlikely to have a significant impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: Mastercard Foundation sold 138,000 shares of Class A common stock. |
| 06/27/2024 | Date of signature on the SEC filing by Jennifer Newman of Mastercard Foundation Asset Management Corp. |
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