STOCK TITAN

Mastercard (MA) director uses 1,641 shares to cover tax liability

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mastercard director Rima Qureshi reported a routine tax-related share disposition. On the settlement of previously vested deferred stock units, 1,641 shares of Class A Common Stock were withheld at $495.51 per share to cover tax liabilities, rather than sold in the open market. Following this, she holds 6,828 shares directly and 12,803 shares indirectly through a company she solely owns and controls.

Positive

  • None.

Negative

  • None.
Insider Qureshi Rima
Role null
Type Security Shares Price Value
Tax Withholding Class A Common Stock 1,641 $495.51 $813K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 6,828 shares (Direct, null); Class A Common Stock — 12,803 shares (Indirect, See footnote below)
Footnotes (1)
  1. Represents withholding of shares to pay tax liability incident to the settlement for a U.S. non-resident director of previously fully vested deferred stock units. Reflects a subtraction of 720 shares to reflect the correction of a previous inadvertent typographical error. Reflects an addition of 720 shares to reflect the correction of a previous inadvertent typographical error. The shares are directly held by a company solely-owned and controlled by the reporting person.
Shares withheld for taxes 1,641 shares Tax-withholding disposition on Class A Common Stock
Withholding price per share $495.51 per share Value used for 1,641 withheld shares
Direct holdings after transaction 6,828 shares Class A Common Stock held directly by Rima Qureshi
Indirect holdings after transaction 12,803 shares Class A shares held via a company she solely owns and controls
withholding of shares financial
"Represents withholding of shares to pay tax liability incident to the settlement"
tax liability financial
"withholding of shares to pay tax liability incident to the settlement"
deferred stock units financial
"settlement for a U.S. non-resident director of previously fully vested deferred stock units"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
indirect ownership financial
"The shares are directly held by a company solely-owned and controlled by the reporting person."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Qureshi Rima

(Last)(First)(Middle)
2000 PURCHASE STREET

(Street)
PURCHASE NEW YORK 10577-2509

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Mastercard Inc [ MA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/16/2026F1,641(1)D$495.516,828(2)D
Class A Common Stock12,803(3)ISee footnote below(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents withholding of shares to pay tax liability incident to the settlement for a U.S. non-resident director of previously fully vested deferred stock units.
2. Reflects a subtraction of 720 shares to reflect the correction of a previous inadvertent typographical error.
3. Reflects an addition of 720 shares to reflect the correction of a previous inadvertent typographical error.
4. The shares are directly held by a company solely-owned and controlled by the reporting person.
Remarks:
/s/ Craig Brown, as attorney-in-fact for Rima Qureshi, pursuant to a power of attorney dated June 23, 202506/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Mastercard (MA) director Rima Qureshi report?

Rima Qureshi reported a routine tax-withholding disposition. Mastercard withheld 1,641 Class A shares at $495.51 each to cover taxes tied to vested deferred stock units, rather than executing an open-market sale.

How many Mastercard (MA) shares were withheld for taxes in this Form 4?

The filing shows 1,641 Class A Common Stock shares were withheld. These shares paid tax liabilities arising from settlement of previously fully vested deferred stock units for a U.S. non-resident director, instead of being sold in the market.

What are Rima Qureshi’s Mastercard (MA) holdings after this Form 4 transaction?

After the tax-withholding transaction, Qureshi directly holds 6,828 Mastercard Class A shares. She also indirectly holds 12,803 shares through a company that is solely owned and controlled by her, according to the filing’s footnotes.

Was the Mastercard (MA) insider transaction an open-market sale?

No, it was not an open-market sale. The 1,641 shares noted in the Form 4 were withheld by Mastercard to satisfy tax liabilities associated with vested deferred stock units, classified as a tax-withholding disposition under transaction code F.

What does transaction code F mean in Mastercard (MA) director’s Form 4?

Transaction code F indicates payment of tax liability or exercise price using shares. In this case, 1,641 Mastercard shares were withheld to cover the director’s tax obligations from settling previously vested deferred stock units, rather than being voluntarily sold.