Key facts
- This page summarizes Michael B. G. Froman's Form 4 filing for Mastercard Inc (MA).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Mar 2023, 17:50.
Michael B. G. Froman - 01 Mar 2023 Form 4 Insider Report for Mastercard Inc (MA)
- Reporting relationship
- V Chair & Pres Strategic Grwth
- Issuer ticker
- MA
- Reported as of
- 01 Mar 2023
- Net transaction value
- -$356,578
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2023, 17:50:42 UTC
- Prior SEC filing
- 04 Jan 2023
- Next SEC filing
- 04 Apr 2023
- Source filing
- View source filing
- Reporting owner signature
- Craig Brown, as attorney-in-fact for Michael Froman, pursuant to a power of attorney dated March 21, 2019
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael B. G. Froman filed Form 4 for Mastercard Inc (MA) on 03 Mar 2023.
Change
- Previous filing in this sequence was filed on 04 Jan 2023.
- Current net transaction value: -$356,578.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MA
transaction
Class A Common Stock
Tax liability
- Transaction value
- $356,578
- Shares
- -1,012
- Change %
- -12%
- Price
- $352.35
- Shares after
- 7,477
- Date
- 01 Mar 2023
- Ownership
- Direct
- Footnotes
- F1, F2
MA
transaction
Class A Common Stock
Award
- Transaction value
- $0
- Shares
- +3,435
- Change %
- +46%
- Price
- $0.000000
- Shares after
- 10,912
- Date
- 01 Mar 2023
- Ownership
- Direct
- Footnotes
- F3
MA
transaction
Class A Common Stock
Award
- Transaction value
- $0
- Shares
- +2,613
- Change %
- +24%
- Price
- $0.000000
- Shares after
- 13,525
- Date
- 01 Mar 2023
- Ownership
- Direct
- Footnotes
- F4
MA
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,384
- Date
- 01 Mar 2023
- Ownership
- By GRAT
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MA
transaction
Derivative
Employee Stock Option (right to buy)
Award
- Transaction value
- $0
- Shares
- +9,739
- Change %
- Price
- $0.000000
- Shares after
- 9,739
- Date
- 01 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 9,739
- Exercise price
- $353.50
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Represents withholding of shares to pay tax liability incident to the vesting of restricted stock units.
Footnote F2
On May 16, 2022 the reporting person transferred 2,445 shares of Class A Common Stock to his personal account from his Grantor Retained Annuity Trust (GRAT). The transaction was part of routine financial management and was exempt from reporting.
Footnote F3
Award of restricted stock units that will vest in three (3) equal annual installments beginning March 1, 2024.
Footnote F4
Represents earned performance stock units granted on March 1, 2020 that contained performance-vesting requirements. The award was fully earned and vested on March 1, 2023, but will settle on March 1, 2024.
Footnote F5
The employee stock options vest in three (3) equal annual installments beginning March 1, 2024.