Form 4: Visa Inc. Director Acquires Restricted Stock Units
SEC Form 4 Filing
Director Kermit R. Crawford acquired 777 restricted stock units of Visa Inc. on January 28, 2025.
Summary
- On January 28, 2025, Kermit R. Crawford, a director of Visa Inc., acquired 777 restricted stock units (RSUs).
- These RSUs will convert into shares of Visa Inc. Class A Common Stock or their cash value on a future date selected by the director or after termination of service.
- The director directly owns 777 derivative securities following the reported transaction.
- The director also directly owns 1,600 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock ownership, indicating a neutral sentiment.
Future Outlook
The restricted stock units will be settled on a future date selected by the director or after retirement or termination of service, subject to earlier settlement in limited circumstances specified in the award agreement.
Industry Context
This filing is a routine disclosure of a director's acquisition of restricted stock units, a common form of executive compensation in publicly traded companies like Visa Inc.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of transaction: Kermit R. Crawford acquired 777 restricted stock units. |
| 01/29/2025 | Date of signature on the Form 4 filing. |
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