Key facts
- This page summarizes Paul D. Fabara's Form 4 filing for VISA INC. (V).
- 10 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 21 Nov 2025, 17:35.
Paul D. Fabara - 19 Nov 2025 Form 4 Insider Report for VISA INC. (V)
- Reporting relationship
- CHIEF RISK & CLIENT SVCS OFC
- Issuer ticker
- V
- Reported as of
- 19 Nov 2025
- Net transaction value
- -$1,436,863
- SEC form
- 4
- Accepted by SEC
- 21 Nov 2025, 17:35:10 UTC
- Prior SEC filing
- 12 Jun 2025
- Next SEC filing
- 02 Dec 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Sue Choi, Attorney-In-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Paul D. Fabara filed Form 4 for VISA INC. (V) on 21 Nov 2025.
Change
- Previous filing in this sequence was filed on 12 Jun 2025.
- Current net transaction value: -$1,436,863.
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.
Reporting Owners (1)
CIK 0001646987
Primary reporting owner
Fabara Paul D
- Relationship
- CHIEF RISK & CLIENT SVCS OFC
- Address
- C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO
- Signature
- /s/ Sue Choi, Attorney-In-Fact
- Signature date
- 21 Nov 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
V
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +1,582
- Change %
- +6%
- Price
- Shares after
- 27,995
- Date
- 19 Nov 2025
- Ownership
- Direct
- Footnotes
- F1
V
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +1,503
- Change %
- +5.4%
- Price
- Shares after
- 29,498
- Date
- 19 Nov 2025
- Ownership
- Direct
- Footnotes
- F2
V
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +1,336
- Change %
- +4.5%
- Price
- Shares after
- 30,834
- Date
- 19 Nov 2025
- Ownership
- Direct
- Footnotes
- F3
V
transaction
Class A Common Stock
Tax liability
- Transaction value
- $728,946
- Shares
- -2,249
- Change %
- -7.3%
- Price
- $324.12
- Shares after
- 28,585
- Date
- 19 Nov 2025
- Ownership
- Direct
V
transaction
Class A Common Stock
Sale
- Transaction value
- $707,917
- Shares
- -2,172
- Change %
- -7.6%
- Price
- $325.93
- Shares after
- 26,413
- Date
- 21 Nov 2025
- Ownership
- Direct
- Footnotes
- F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
V
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -1,582
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 Nov 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,582
- Exercise price
- Footnotes
- F1
V
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -1,503
- Change %
- -50%
- Price
- Shares after
- 1,503
- Date
- 19 Nov 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,503
- Exercise price
- Footnotes
- F2
V
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -1,336
- Change %
- -33%
- Price
- Shares after
- 2,672
- Date
- 19 Nov 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,336
- Exercise price
- Footnotes
- F3
V
transaction
Derivative
Employee Stock Option (Right to Buy)
Award
- Transaction value
- $0
- Shares
- +24,597
- Change %
- Price
- $0.000000
- Shares after
- 24,597
- Date
- 19 Nov 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 24,597
- Exercise price
- $324.12
- Footnotes
- F6
V
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- Shares
- +5,785
- Change %
- Price
- Shares after
- 5,785
- Date
- 19 Nov 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,785
- Exercise price
- Footnotes
- F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 7 footnotes
Footnote F1
Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units 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 award was granted on November 19, 2022.
Footnote F2
Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units 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 award was granted on November 19, 2023.
Footnote F3
Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units 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 award was granted on November 19, 2024.
Footnote F4
This transaction was made pursuant to a Rule 10b5-1 trading plan dated December 13, 2024 adopted by the reporting person.
Footnote F5
The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $325.3800 - $327.4001, 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.
Footnote F6
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, 2025.
Footnote F7
Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units 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 award was granted on November 19, 2025.