Paul D. Fabara - 14 Mar 2025 Form 4 Insider Report for VISA INC. (V)

Role
CHIEF RISK & CLIENT SVCS OFC
Signature
/s/ Sue Choi, Attorney-In-Fact
Issuer symbol
V
Transactions as of
14 Mar 2025
Net transactions value
-$5,841,508
Form type
4
Filing time
14 Mar 2025, 17:11:41 UTC
Previous filing
03 Dec 2024
Next filing
20 Mar 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 $1,742,634 +9,749 +37% $178.75 36,162 14 Mar 2025 Direct F1
transaction V Class A Common Stock Options Exercise $5,291,179 +29,601 +82% $178.75 65,763 14 Mar 2025 Direct F1
transaction V Class A Common Stock Sale $12,875,320 -39,350 -60% $327.20 26,413 14 Mar 2025 Direct F1

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 -9,749 -100% $0.000000 0 14 Mar 2025 Class A Common Stock 9,749 $178.75 Direct F1, F2
transaction V Employee Stock Option (Right to Buy) Options Exercise $0 -29,601 -40% $0.000000 45,143 14 Mar 2025 Class A Common Stock 29,601 $178.75 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 December 13, 2024 adopted by the reporting person.
F2 Options vest in two installments: 50% on the first anniversary of the grant date and 50% on the second anniversary of the grant date, subject to earlier vesting in full in limited circumstances as specified in the award agreement.
F3 Options vest in three installments: 34% on January 31, 2020, 33% on January 31, 2021 and 33% on January 31, 2022, respectively after the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement.