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Mastercard (NYSE: MA) CEO sells 15,372 shares under 10b5-1 plan

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(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Mastercard Inc President & CEO Michael Miebach reported a sale of 15,372 shares of Class A Common Stock on August 5, 2026 at $575.00 per share. The sale was effected under a pre-planned Rule 10b5-1 trading plan adopted on November 3, 2025 for personal financial management purposes. Following this transaction, he directly holds 93,692.721 shares of Mastercard stock.

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Insider Miebach Michael
Role President & CEO
Sold 15,372 shs ($8.84M)
Type Security Shares Price Value
Sale Class A Common Stock F1 15,372 $575.00 $8.84M
Holdings After Transaction: Class A Common Stock — 93,692.721 shares (Direct)
Footnotes (1)
  1. F1. The transaction was effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on November 3, 2025.
Shares sold 15,372 shares Class A Common Stock sold on 2026-08-05
Sale price per share $575.00 per share Price for shares sold on 2026-08-05
Shares owned after sale 93,692.721 shares Direct holdings following the reported transaction
Rule 10b5-1 regulatory
"entered into in accordance with Rule 10b5-1 of the Securities Exchange Act"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
pre-planned trading plan regulatory
"The transaction was effected pursuant to a pre-planned trading plan"
Class A Common Stock financial
"Security title listed as Class A Common Stock in the transaction table"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Mastercard (MA) CEO Michael Miebach report?

Michael Miebach reported selling 15,372 Mastercard shares on August 5, 2026 at $575 per share. The transaction involved Class A Common Stock and was disclosed as a direct ownership sale in the Form 4 filing.

Was Michael Miebach’s Mastercard (MA) stock sale done under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected under a pre-planned Rule 10b5-1 trading plan. The plan was adopted for personal financial management purposes on November 3, 2025, before the August 2026 transaction.

How many Mastercard (MA) shares did Michael Miebach own after this sale?

After the reported sale, Michael Miebach directly holds 93,692.721 Mastercard shares. This post-transaction balance reflects his remaining Class A Common Stock position as reported in the Form 4’s ownership column.

What price did Michael Miebach receive per Mastercard (MA) share in this sale?

The reported sale price was $575.00 per share for Mastercard Class A Common Stock. This per-share price applies to the 15,372 shares sold on August 5, 2026, as indicated in the non-derivative transaction table.

How many Mastercard (MA) shares did Michael Miebach sell in this Form 4 transaction?

He sold 15,372 shares of Mastercard Class A Common Stock in this transaction. The Form 4 characterizes the event as a sale of non-derivative securities, reported as a disposition of directly owned shares.
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).
X
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*
Miebach Michael

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
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 Stock08/05/2026S15,372(1)D$57593,692.721D
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. The transaction was effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on November 3, 2025.
Remarks:
/s/ Craig Brown, as attorney-in-fact for Michael Miebach, pursuant to a power of attorney dated July 14, 202508/06/2026
** 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)