Mastercard (NYSE: MA) director Lance Uggla granted 509 deferred stock units

Rhea-AI Filing Summary

Mastercard director Lance Uggla received an award of 509 shares of Class A Common Stock in the form of deferred stock units on June 16, 2026. The award was fully vested on the grant date, but the units will not settle into deliverable shares until his service as a director ends. Following this grant, he directly holds 9,841 shares, highlighting that this is a compensation-related, non-market acquisition rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Uggla Lance Darrell Gordon

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	509	$0.00	--

Holdings After Transaction: Class A Common Stock — 9,841 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 509 shares Transaction price: $0.00 per share Shares held after grant: 9,841 shares

3 metrics

Shares granted 509 shares Deferred stock unit award of Class A Common Stock on June 16, 2026

Transaction price $0.00 per share Grant/award acquisition of 509 deferred stock units

Shares held after grant 9,841 shares Total direct holdings following the June 16, 2026 award

Key Terms

deferred stock unit, fully vested, settle upon termination of service

3 terms

deferred stock unit financial

"Represents deferred stock unit award that was fully vested on June 16, 2026"

A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.

fully vested financial

"award that was fully vested on June 16, 2026, the date of grant"

settle upon termination of service financial

"but will settle upon termination of service by the reporting person as a director"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Uggla Lance Darrell Gordon

(Last) (First) (Middle)

2000 PURCHASE STREET

(Street)

PURCHASE NEW YORK 10577

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/16/2026		A		509(1)	A	$0	9,841	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents deferred stock unit award that was fully vested on June 16, 2026, the date of grant, but will settle upon termination of service by the reporting person as a director.

Remarks:

Exhibit 24: Power of Attorney is attached.

	/s/ Craig Brown, as attorney-in-fact for Lance Uggla, pursuant to a power of attorney dated July 24, 2025	06/18/2026
	** Signature of Reporting Person	Date
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) report for Lance Uggla?

Mastercard reported that director Lance Uggla received 509 deferred stock units. These units are tied to Class A Common Stock, were fully vested on June 16, 2026, and increased his direct holdings to 9,841 shares as part of director compensation.

Was Lance Uggla’s Mastercard (MA) transaction a market purchase or sale?

The transaction was a grant, not a market purchase or sale. Uggla received 509 deferred stock units at a price of $0.00 per share, reflecting a compensation-related award of Class A Common Stock rather than open-market trading activity.

How many Mastercard (MA) shares does Lance Uggla hold after this Form 4?

After this grant, Lance Uggla directly holds 9,841 shares of Mastercard Class A Common Stock. This total includes the 509 deferred stock units awarded on June 16, 2026, which were fully vested at grant but settle when his board service ends.

What are the terms of Lance Uggla’s deferred stock unit award at Mastercard (MA)?

The award consists of 509 fully vested deferred stock units granted on June 16, 2026. Although vested immediately, the units will settle only upon Uggla’s termination of service as a director, aligning payout timing with his board tenure.

Did Lance Uggla pay anything for the Mastercard (MA) deferred stock units?

No, Lance Uggla did not pay cash for these units. The Form 4 shows a transaction price of $0.00 per share for the 509 deferred stock units, indicating they were granted as part of his director compensation package.