[144] Mastercard Incorporated SEC Filing

Rhea-AI Filing Summary

Mastercard Incorporated (MA) has filed a Form 144 indicating that President of North America, Linda Kirkpatrick, plans to sell 958 common shares through Morgan Stanley Smith Barney on or about 06/30/2025. The proposed sale is valued at approximately $527,206.56 and represents roughly 0.0001 % of the company’s 901.3 million shares outstanding, suggesting an immaterial impact on the float. The shares derive from restricted stock units granted 03/01/2024. The filing also lists two prior 10b5-1–program sales in June 2025, totaling 1,917 shares for proceeds of $1.09 million. No operational, earnings or strategic disclosures accompany the notice; the sole purpose is to satisfy SEC Rule 144 requirements and affirm that the seller possesses no undisclosed adverse information about Mastercard.

Insights

Securities Analyst

TL;DR Routine Form 144: tiny insider sale, negligible float impact, neutral for valuation.

The filing documents Linda Kirkpatrick’s intent to sell 958 shares—worth about half a million dollars—under an established 10b5-1 plan. Given Mastercard’s $400 billion-plus market cap and >900 million shares outstanding, the transaction is statistically insignificant and unlikely to influence supply–demand dynamics or signal fundamental weakness. The stock’s liquidity readily absorbs trades of this size. No price-sensitive data is revealed, so I view the disclosure as neutral to the investment thesis.

Corporate Governance Expert

TL;DR Insider sale complies with Rule 144 & 10b5-1; governance posture intact.

Form 144 filings highlight transparency in insider trading. The use of a pre-arranged 10b5-1 plan mitigates concerns about information asymmetry or timing. The aggregate of ~2,875 shares sold this month remains below any materiality threshold and does not trigger aggregation limits under Rule 144(e). There are no red flags regarding undisclosed material information, and the certification language follows standard practice. Therefore, I classify the governance impact as neutral.

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	958	527206.56	901263158	06/30/2025	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	03/01/2024	Restricted Stock Units	Issuer			958	03/01/2024	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for LINDA KIRKPATRICK 2000 Purchase Street Purchase NY 10577	Common	06/24/2025	958	536480.00
10b5-1 Sales for LINDA KIRKPATRICK 2000 Purchase Street Purchase NY 10577	Common	06/13/2025	959	549372.74

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

How many Mastercard (MA) shares are being proposed for sale in this Form 144?

958 common shares are slated for sale.

What is the estimated market value of the proposed insider sale?

Approximately $527,206.56 based on the filing.

Who is the insider selling Mastercard shares?

The seller is Linda Kirkpatrick, President of North America at Mastercard.

When is the planned sale date for the 958 shares?

The filing lists an approximate sale date of 06/30/2025.

Are these transactions part of a Rule 10b5-1 trading plan?

Yes. The filing references sales executed under a 10b5-1 plan.