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

Signature
/s/ Sue Choi, Attorney-In-Fact
Stock symbol
V
Transactions as of
Mar 14, 2025
Transactions value $
-$5,841,508
Form type
4
Date filed
3/14/2025, 05:11 PM
Previous filing
Dec 3, 2024
Next filing
Mar 20, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction V Class A Common Stock Options Exercise $1.74M +9.75K +36.91% $178.75 36.2K Mar 14, 2025 Direct F1
transaction V Class A Common Stock Options Exercise $5.29M +29.6K +81.86% $178.75 65.8K Mar 14, 2025 Direct F1
transaction V Class A Common Stock Sale -$12.9M -39.4K -59.84% $327.20 26.4K Mar 14, 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 -9.75K -100% $0.00 0 Mar 14, 2025 Class A Common Stock 9.75K $178.75 Direct F1, F2
transaction V Employee Stock Option (Right to Buy) Options Exercise $0 -29.6K -39.6% $0.00 45.1K Mar 14, 2025 Class A Common Stock 29.6K $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.