Paul D. Fabara - 19 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
19 Mar 2025
Transactions value $
-$6,361,238
Form type
4
Filing time
20 Mar 2025, 16:47:10 UTC
Previous filing
14 Mar 2025
Next filing
09 May 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 $7,033,812 +39,350 +149% $178.75 65,763 19 Mar 2025 Direct F1
transaction V Class A Common Stock Sale -$13,395,050 -39,350 -60% $340.41 26,413 19 Mar 2025 Direct F1, F2

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 -39,350 -87% $0 5,793 19 Mar 2025 Class A Common Stock 39,350 $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 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 - $340.8100, 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 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.