RYAN MCINERNEY - 11 Dec 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
11 Dec 2025
Net transactions value
-$2,414,173
Form type
4
Filing time
12 Dec 2025, 16:19:17 UTC
Previous filing
02 Dec 2025
Next filing
05 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MCINERNEY RYAN Chief Executive Officer, Director C/O VISA INC., PO BOX 8999, SAN FRANCISCO /s/ Sue Choi, Attorney-In-Fact 12 Dec 2025 0001578261

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction V Class A Common Stock Options Exercise $1,151,463 +10,485 +112% $109.82 19,886 11 Dec 2025 Direct F1
transaction V Class A Common Stock Sale $3,565,636 -10,485 -53% $340.07 9,401 11 Dec 2025 Direct F1, F2
holding V Class A Common Stock 265,168 11 Dec 2025 Ryan and Angela McInerney Trust F3

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 -10,485 -12% $0.000000 73,400 11 Dec 2025 Class A Common Stock 10,485 $109.82 Direct F1, F4
* 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 May 15, 2025 adopted by the reporting person.
F2 The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $340.0000-$340.2700, 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.
F3 Since the date of the reporting person's last ownership report, 25,642 shares which were previously held directly were transferred to the Ryan and Angela McInerney Trust, of which the Reporting Person and his wife, Angela, are the sole trustees and beneficiaries.
F4 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, 2017.