Form 4: Mastercard Foundation Sells 151,000 Shares of Mastercard Inc.
SEC Form 4
Mastercard Foundation sold 151,000 shares of Mastercard Inc. Class A common stock at a price of $452.551 per share on May 8, 2024.
Summary
- On May 8, 2024, Mastercard Foundation sold 151,000 shares of Mastercard Inc.'s Class A common stock.
- The sale price was $452.551 per share.
- Following the transaction, Mastercard Foundation beneficially owns 95,930,308 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 transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales of shares by major holders such as the Mastercard Foundation are routinely monitored by the market for signals about the company's prospects, although in this case the Foundation's mission to promote social good may be a factor in the sale.
Stakeholder Impact
- The sale of shares by a major holder like Mastercard Foundation could have a minor impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of transaction: Mastercard Foundation sold 151,000 shares of Mastercard Inc. |
| 05/09/2024 | Date of signature on the Form 4 filing. |
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