Form 4: Mastercard Foundation Sells 200 Shares of Class A Common Stock

Mastercard Foundation sold 200 shares of Mastercard Inc Class A common stock at $487.248 per share on March 21, 2024, and continues to hold a significant position.

Summary

• On March 21, 2024, the Mastercard Foundation sold 200 shares of Mastercard Inc Class A common stock.
• The sale price was $487.248 per share.
• Following the transaction, the Mastercard Foundation beneficially owns 97,543,308 shares of Class A common stock.
• The transaction was reported by Mastercard Foundation Asset Management Corp, a wholly-owned subsidiary of Mastercard Foundation, which acts as the investment manager for the shares.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing related to a share transaction. It doesn't contain overtly positive or negative information, hence a neutral sentiment score.

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

Sales of shares by major holders are common and can be for a variety of reasons, including portfolio rebalancing or funding other initiatives. The sale of 200 shares is a very small percentage of the total shares held.

Stakeholder Impact

• The sale of a small number of shares by a major holder is unlikely to have a significant impact on stakeholders.

Key Dates