Paul D. Fabara - 30 Nov 2025 Form 4 Insider Report for VISA INC. (V)

Signature
/s/ Sue Choi, Attorney-In-Fact
Issuer symbol
V
Transactions as of
30 Nov 2025
Transactions value $
-$5,140,158
Form type
4
Filing time
02 Dec 2025, 16:23:19 UTC
Previous filing
21 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Fabara Paul D CHIEF RISK & CLIENT SVCS OFC C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO /s/ Sue Choi, Attorney-In-Fact 02 Dec 2025 0001646987

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction V Class A Common Stock Options Exercise +15.4K +58.44% 41.9K 30 Nov 2025 Direct F1
transaction V Class A Common Stock Tax liability -$2.64M -7.88K -18.83% $334.44 34K 30 Nov 2025 Direct
transaction V Class A Common Stock Sale -$2.5M -7.56K -22.24% $331.45 26.4K 02 Dec 2025 Direct 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 Performance Share Award Award +15.4K 15.4K 30 Nov 2025 Class A Common Stock 15.4K Direct F1, F3
transaction V Performance Share Award Options Exercise -15.4K -100% 0 30 Nov 2025 Class A Common Stock 15.4K 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 Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value.
F2 This transaction was made pursuant to a Rule 10b5-1 trading plan dated December 13, 2024 adopted by the reporting person.
F3 Represents performance shares earned pursuant to the November 19, 2022 award under the Visa Inc. 2007 Equity Incentive Compensation Plan. The number of performance shares earned was determined on the basis of the applicable 3-year performance period.