Rajat Taneja - 04 Dec 2023 Form 4 Insider Report for VISA INC. (V)

Signature
/s/ Sue Choi, Attorney-In-Fact
Issuer symbol
V
Transactions as of
04 Dec 2023
Net transactions value
-$7,099,282
Form type
4
Filing time
06 Dec 2023, 16:00:32 UTC
Previous filing
04 Dec 2023
Next filing
14 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction V Class A Common Stock Sale $7,099,282 -27,679 -11% $256.49 232,112 04 Dec 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2023.
F2 The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $255.5300-$256.8800, inclusive. The reporting person undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4.