Form 4: Mastercard Foundation Sells 142,000 Shares of Class A Common Stock
SEC Form 4
Mastercard Foundation sold 142,000 shares of Mastercard Inc Class A common stock at a price of $455.0424 on May 9, 2024.
Summary
- On May 9, 2024, Mastercard Foundation sold 142,000 shares of Mastercard Inc Class A common stock.
- The sale price was $455.0424 per share.
- Following the transaction, Mastercard Foundation beneficially owns 95,788,308 shares of Mastercard Inc Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a stock sale. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.
Industry Context
Sales of shares by major holders are common and can be for a variety of reasons, including portfolio diversification or funding other ventures. The impact on Mastercard's stock price will depend on market perception and the overall volume of trading.
Stakeholder Impact
- The sale of shares could have a minor impact on shareholders depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Mastercard Foundation sold shares of Class A common stock. |
| 05/10/2024 | Date of signature by Jennifer Newman of Mastercard Foundation Asset Management Corp. |
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