Form 4: Mastercard Foundation Sells 90,000 Shares of Class A Common Stock

Mastercard Foundation sold 90,000 shares of Mastercard Inc Class A common stock at a price of $467.024 per share on August 21, 2024.

Summary

• On August 21, 2024, Mastercard Foundation sold 90,000 shares of Mastercard Inc Class A common stock.
• The sale price was $467.024 per share.
• Following the transaction, Mastercard Foundation directly owns 91,739,308 shares of Class A common stock.
• The reporting entity includes Mastercard Foundation and Mastercard Foundation Asset Management Corp.
• Mastercard Foundation Asset Management (MFAM) is the investment manager for the shares held by Mastercard Foundation (MF).
• MFAM disclaims any pecuniary interest in the shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.

Management Comments

• Mastercard Foundation Asset Management (MFAM) disclaims any pecuniary interest in the shares of Class A common stock of Mastercard Incorporated directly held by Mastercard Foundation (MF).

Industry Context

This filing reflects a change in beneficial ownership of Mastercard shares, which is a common occurrence among major shareholders and institutional investors. It provides transparency into the trading activities of significant stakeholders in the company.

Stakeholder Impact

• The sale of shares by a major holder like Mastercard Foundation could have a minor impact on the stock price, depending on market perception and the volume of shares sold relative to the overall market capitalization.

Key Dates