Mastercard (MA) director Sulzberger receives 509 fully vested deferred stock units

Q: What did Mastercard (MA) director Gabrielle Sulzberger report in this Form 4?

Director Gabrielle Sulzberger reported receiving 509 deferred stock units of Mastercard Class A Common Stock. The units were granted as compensation at a price of $0.00 per share and are fully vested as of June 16, 2026 .

Q: Is Gabrielle Sulzberger’s Mastercard Form 4 transaction a market purchase or a grant?

The Form 4 transaction is a grant/award acquisition , not a market purchase. Sulzberger received 509 deferred stock units at a grant price of $0.00 per share as part of her director compensation on June 16, 2026 .

Q: How many Mastercard shares does Gabrielle Sulzberger hold after this Form 4 transaction?

After the reported grant, Gabrielle Sulzberger holds 5,845 shares of Mastercard Class A Common Stock directly. This total reflects the impact of the 509 deferred stock units award reported as acquired on June 16, 2026 .

Q: When will the deferred stock unit award to Gabrielle Sulzberger in Mastercard settle?

The 509 deferred stock units granted to Gabrielle Sulzberger are fully vested but will only settle upon her termination of service as a director . Until then, the award remains in deferred stock unit form rather than delivered shares.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Director Gabrielle Sulzberger of Mastercard Inc reported an acquisition of Class A Common Stock through a compensation grant. On June 16, 2026, she received 509 deferred stock units as a fully vested award at a grant price of $0.00 per share.

The award is structured as deferred stock units that are fully vested immediately but will not convert into shares until she terminates her service as a director. Following this grant, her direct holdings increased to 5,845 shares of Class A Common Stock, indicating a routine, compensation-related increase in equity exposure rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sulzberger Gabrielle

Role null

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

Holdings After Transaction: Class A Common Stock — 5,845 shares (Direct, null)

Footnotes (1)

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Key Figures

Deferred stock units granted: 509 units Grant price per share: $0.00 per share Shares owned after transaction: 5,845 shares +1 more

4 metrics

Deferred stock units granted 509 units Award of deferred stock units on June 16, 2026

Grant price per share $0.00 per share Compensation-related equity award to director

Shares owned after transaction 5,845 shares Direct holdings of Class A Common Stock after grant

Transaction date June 16, 2026 Date deferred stock unit award was granted and vested

Key Terms

deferred stock unit award, fully vested, settle upon termination of service, Class A Common Stock

4 terms

deferred stock unit award financial

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

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"

Class A Common Stock financial

"security_title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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Form 4 Insider Transactions: What Each Field Means →

06/18/2026 - 04:04 PM

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^*

Sulzberger Gabrielle

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/16/2026		A		509⁽¹⁾	A	$0	5,845	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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:

	/s/ Craig Brown, as attorney-in-fact for Gabrielle Sulzberger, pursuant to a power of attorney dated June 23, 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Mastercard (MA) director Gabrielle Sulzberger report in this Form 4?

Director Gabrielle Sulzberger reported receiving 509 deferred stock units of Mastercard Class A Common Stock. The units were granted as compensation at a price of $0.00 per share and are fully vested as of June 16, 2026.

Is Gabrielle Sulzberger’s Mastercard Form 4 transaction a market purchase or a grant?

The Form 4 transaction is a grant/award acquisition, not a market purchase. Sulzberger received 509 deferred stock units at a grant price of $0.00 per share as part of her director compensation on June 16, 2026.

How many Mastercard shares does Gabrielle Sulzberger hold after this Form 4 transaction?

After the reported grant, Gabrielle Sulzberger holds 5,845 shares of Mastercard Class A Common Stock directly. This total reflects the impact of the 509 deferred stock units award reported as acquired on June 16, 2026.

When will the deferred stock unit award to Gabrielle Sulzberger in Mastercard settle?

The 509 deferred stock units granted to Gabrielle Sulzberger are fully vested but will only settle upon her termination of service as a director. Until then, the award remains in deferred stock unit form rather than delivered shares.

What does it mean that Gabrielle Sulzberger’s Mastercard award is fully vested on the grant date?

Fully vested on the grant date means Sulzberger’s rights to the 509 deferred stock units are not subject to future service conditions. Although vested on June 16, 2026, the units will settle into shares only when her board service ends.

Does Gabrielle Sulzberger’s Mastercard Form 4 indicate any stock sales or dispositions?

No stock sales or dispositions are reported in this Form 4. The filing shows only a grant/award acquisition of 509 deferred stock units of Class A Common Stock, increasing her direct beneficial ownership to 5,845 shares after the transaction.