Form 4: Visa Inc. Executive Kelly Mahon Tullier Reports Stock Transactions
SEC Form 4
Visa Inc.'s Vice Chair, CHF PPL & Corp Aff, Kelly Mahon Tullier, reported the acquisition and disposal of Class A Common Stock on February 7, 2025.
Summary
- On February 7, 2025, Kelly Mahon Tullier, Vice Chair, CHF PPL & Corp Aff of Visa Inc., reported transactions involving Visa's Class A Common Stock.
- Tullier acquired 18,641 shares through the exercise of employee stock options at a price of $109.82.
- She disposed of 33,741 shares at a weighted average price of $349.7682, with prices ranging from $348.8950 to $350.3950.
- Additionally, Tullier gifted 718 shares.
- Following these transactions, Tullier directly owns 35,848 shares of Class A Common Stock.
- Tullier also holds options to purchase 37,281 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity. It's common for executives to exercise stock options and sell shares for personal financial management.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The exercise of stock options could have a dilutive effect on existing shareholders, although the number of shares involved is relatively small.
Key Dates
| Date | Description |
|---|---|
| 11/19/2017 | Date the employee stock option was granted. |
| 02/07/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 11/19/2027 | Expiration date of the employee stock option. |
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