RYAN MCINERNEY - 02 Jan 2025 Form 4 Insider Report for VISA INC. (V)

Role
Chief Executive Officer, Director
Signature
/s/ Sue Choi, Attorney-In-Fact
Issuer symbol
V
Transactions as of
02 Jan 2025
Net transactions value
-$2,042,595
Form type
4
Filing time
03 Jan 2025, 16:28:38 UTC
Previous filing
03 Dec 2024
Next filing
04 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction V Class A Common Stock Options Exercise $696,668 +8,620 $80.82 8,620 02 Jan 2025 Direct F1
transaction V Class A Common Stock Sale $2,739,264 -8,620 -100% $317.78 0 02 Jan 2025 Direct F1
holding V Class A Common Stock 247,326 02 Jan 2025 Ryan and Angela McInerney Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction V Employee Stock Option (Right to Buy) Options Exercise $0 -8,620 -14% $0.000000 51,730 02 Jan 2025 Class A Common Stock 8,620 $80.82 Direct F1, F3
* 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 dated April 25, 2024 adopted by the reporting person.
F2 Since the date of the reporting person's last ownership report, 39,310 shares which were previously held directly were transferred to the Ryan and Angela McInerney Trust, of which Mr. McInerney and his spouse are the sole trustees and beneficiaries.
F3 Options vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The option was granted on November 19, 2016.