MA insider files Form 144 for 4,485 shares after option exercise

Rhea-AI Filing Summary

Form 144 notice for Mastercard Incorporated (MA) shows a proposed sale of 4,485 shares of common stock to be executed through Morgan Stanley Smith Barney on the NYSE on 08/22/2025. The shares were acquired the same day by exercise of stock options with cash paid at acquisition. The filing reports an aggregate market value of $2,654,761.20 for the shares and lists total shares outstanding of 897,274,172. The filer reports no securities sold during the past three months. The notice includes the standard attestation that the seller is unaware of any undisclosed material adverse information and warns that intentional misstatements are federal offenses.

Positive

• Clear disclosure of acquisition method (exercise of stock options) and planned sale details
• Aggregate market value and broker information provided, enabling transparency

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale from option exercise; size appears immaterial to capitalization.

The filing documents a single insider sale of 4,485 common shares resulting from an option exercise and immediate planned sale through Morgan Stanley Smith Barney on the NYSE. The disclosed aggregate market value is $2,654,761.20 versus 897,274,172 shares outstanding, indicating the transaction represents a de minimis fraction of outstanding equity. The notice contains standard attestations regarding material nonpublic information and indicates no other sales in the prior three months. From a market-impact perspective, the disclosure is procedural and likely not material to valuation.

Corporate Governance Expert

TL;DR: Compliance-focused filing that follows Rule 144 procedures after option exercise.

The document reflects compliance with Rule 144 reporting requirements following a same-day option exercise and planned disposition. Use of a major brokerage firm and the inclusion of the standard representation about undisclosed material information are consistent with customary corporate governance and insider-trading controls. No indication is provided of any trading plan date or reliance on Rule 10b5-1. Given the small share count and absence of recent sales, this notice is routine from a governance standpoint.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	4485	2654761.20	897274172	08/22/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/22/2025	Exercise of Stock Options	Issuer			4485	08/22/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Mastercard's (MA) Form 144 report on 08/22/2025?

The form reports a proposed sale of 4,485 common shares to be sold on 08/22/2025 through Morgan Stanley Smith Barney on the NYSE.

How were the shares acquired according to the Form 144 for MA?

The shares were acquired on 08/22/2025 by exercise of stock options, with payment made in cash.

What is the aggregate market value and shares outstanding reported?

Aggregate market value is reported as $2,654,761.20 for the 4,485 shares, with 897,274,172 shares outstanding.

Does the filing show other sales in the prior three months for MA?

No. The filing indicates Nothing to Report for securities sold during the past three months.

Does the filer assert knowledge of any undisclosed material information?

Yes. The filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.