Form 4: Mastercard Foundation Sells 147,000 Shares of Class A Common Stock

Mastercard Foundation sold 147,000 shares of Mastercard Inc Class A common stock at a price of $447.5787 per share on May 6, 2024.

Summary

• On May 6, 2024, the Mastercard Foundation sold 147,000 shares of Mastercard Inc Class A common stock.
• The sale price was $447.5787 per share.
• Following the transaction, the Mastercard Foundation beneficially owns 96,230,308 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 neutral regulatory filing detailing a stock sale. It doesn't inherently convey positive or negative 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

This transaction reflects activity by a major shareholder, the Mastercard Foundation, and is a routine disclosure required by the SEC. It provides insight into the investment decisions of a significant institutional holder of Mastercard stock.

Stakeholder Impact

• The sale of shares by a major holder like the Mastercard Foundation could have a minor impact on shareholder confidence, but the large remaining stake suggests continued long-term commitment.

Key Dates