Form 4: Visa Executive Reports Equity Transactions

A Visa Inc. executive reported recent acquisitions and dispositions of Class A Common Stock, alongside new grants of restricted stock units and stock options.

Summary

• Peter M. Andreski, Global Corporate Controller and Chief Accounting Officer of Visa Inc., reported changes in his beneficial ownership.
• Acquired a total of 1,655 shares of Class A Common Stock on November 19, 2025, through the vesting of Restricted Stock Units (RSUs) granted in 2022, 2023, and 2024.
• Disposed of 842 shares of Class A Common Stock on November 19, 2025, at a price of $324.12 per share, likely for tax withholding purposes related to RSU vesting.
• Received a new grant of 2,296 Employee Stock Options on November 19, 2025, with an exercise price of $324.12 and an expiration date of November 19, 2035.
• Received a new grant of 1,620 Restricted Stock Units on November 19, 2025.
• Following these transactions, Andreski directly beneficially owns 7,782 shares of Class A Common Stock.
• He also holds various derivative securities, including 501 RSUs from a 2023 grant, 1,123 RSUs from a 2024 grant, 2,296 Employee Stock Options from a 2025 grant, and 1,620 RSUs from a 2025 grant.

Sentiment

Score: 7

Explanation: The filing indicates routine executive compensation activities, including vesting of prior awards and new equity grants, which are generally positive for aligning management incentives with shareholder interests. The disposition of shares is a standard tax-related event.

Positives

• New grants of 2,296 Employee Stock Options and 1,620 Restricted Stock Units indicate continued long-term incentive for the executive.
• The vesting of previously granted Restricted Stock Units demonstrates the executive's continued commitment and aligns interests with shareholders.

Negatives

• The disposition of 842 shares of Class A Common Stock, likely for tax withholding, reduces the executive's direct shareholding, though this is a common practice upon RSU vesting.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports routine insider transactions.

Future Outlook

The executive's newly granted Restricted Stock Units and Employee Stock Options are subject to vesting schedules over the next three years, aligning future compensation with company performance and long-term shareholder value.

Industry Context

This filing represents a routine insider transaction for an executive at a major global payments technology company. Such transactions are common for executives receiving equity-based compensation as part of their remuneration package.

Stakeholder Impact

• Shareholders: The new equity grants align the executive's long-term interests with shareholder value creation. The disposition for tax purposes is a routine event with minimal impact.
• Employees: Reflects standard executive compensation practices, which can set a precedent for broader employee equity programs.

Next Steps

• Future vesting of the 2,296 Employee Stock Options granted on November 19, 2025, in three equal installments on the first three anniversaries of the grant date.
• Future vesting of the 1,620 Restricted Stock Units granted on November 19, 2025, in three equal installments on the first three anniversaries of the grant date.

Key Dates

Keywords

Visa, V, Form 4, Insider Trading, Executive Compensation, Restricted Stock Units, Stock Options, Beneficial Ownership, Equity Transactions