Form 4: Visa Director Teri List Acquires 861 Shares

Visa Director Teri List reported the acquisition of 861 shares of Class A Common Stock and a transfer of 777 shares to her revocable trust.

Summary

• Teri List, a Director of Visa Inc., acquired 861 shares of Class A Common Stock.
• The transaction occurred on January 27, 2026, with a price of $0 per share, indicating a grant or award.
• Following this acquisition, Ms. List directly owns 861 shares of Class A Common Stock.
• Additionally, 3,666 shares of Class A Common Stock are indirectly owned through the Teri L. List Revocable Trust.
• Since the date of the previous ownership report, 777 shares previously held directly were transferred to the Teri L. List Revocable Trust, of which Ms. List is the sole trustee and beneficiary.

Sentiment

Score: 7

Explanation: A director's acquisition of shares, even at a $0 price (suggesting a grant), generally indicates alignment with shareholder interests and confidence in the company's future, which is a positive signal.

Positives

• A Director's acquisition of shares, even at a $0 price, generally indicates alignment with shareholder interests and confidence in the company's future.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing, common across all publicly traded companies, and does not provide specific insights into broader industry trends or competitive landscape for Visa Inc.

Related Party Transactions

• 777 shares previously held directly by Teri List were transferred to the Teri L. List Revocable Trust, of which Ms. List is the sole trustee and beneficiary. This represents a change in the form of ownership from direct to indirect.

Stakeholder Impact

• Shareholders may view the director's acquisition of shares as a positive sign of continued insider confidence and alignment of interests with the company's long-term performance.

Key Dates

Recommendation

This Form 4 reports a routine insider stock acquisition and an internal transfer of shares to a trust. While it shows continued insider ownership, it does not provide new fundamental information to alter an existing investment thesis or recommendation for Visa Inc.

Keywords

Visa, V, Teri List, Insider Transaction, Stock Acquisition, Director, SEC Form 4