Form 4: Visa CFO Chris Suh Reports Stock Transactions
SEC Form 4 Filing
Visa's CFO, Chris Suh, reported the acquisition and disposal of Class A Common Stock and Restricted Stock Units on August 15, 2024.
Summary
- Chris Suh, the CFO of Visa Inc., filed a Form 4 detailing changes in beneficial ownership.
- On August 15, 2024, Suh acquired 15,288 shares of Class A Common Stock through the vesting of restricted stock units.
- Also on August 15, 2024, Suh disposed of 7,218 shares of Class A Common Stock at a price of $266.8.
- Following these transactions, Suh directly owns 8,070 shares of Class A Common Stock.
- Suh also directly owns 30,578 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CFO's stock transactions.
- The transactions themselves may have a minor impact on the stock price due to the volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| 08/15/2023 | Date the restricted stock units were granted. |
| 08/15/2024 | Date of the reported transactions (acquisition and disposal of stock). |
| 08/16/2024 | Date of signature on the Form 4 filing. |
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