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MA Form 4: Michael Miebach disposes 398 shares to cover taxes

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

Rhea-AI Filing Summary

Michael Miebach, who is listed as President & CEO and a Director of Mastercard Inc (MA), reported a transaction on a Form 4. On 10/01/2025 he disposed of 398 Class A common shares at a price of $570.24 per share. The filing states the shares were withheld to pay tax liabilities related to previously granted restricted stock units. After the transaction, his reported beneficial ownership is 84,472.721 shares. The Form 4 was submitted with a signature by an attorney-in-fact on 10/03/2025, and an Exhibit 24 power of attorney is referenced.

Positive

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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).
1. Name and Address of Reporting Person*
Miebach Michael

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

(Street)
PURCHASE NY 10577

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 10/01/2025 F 398(1) D $570.24 84,472.721 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 withholding of shares to pay tax liability relating to previously granted awards of restricted stock units.
Remarks:
Exhibit 24: Power of Attorney is attached.
/s/ Craig Brown, as attorney-in-fact for Michael Miebach, pursuant to a power of attorney dated July 14, 2025 10/03/2025
** 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.

FAQ

What did Michael Miebach report on the Form 4 for Mastercard (MA)?

He reported a disposal of 398 Class A common shares on 10/01/2025 at $570.24 per share.

Why were the shares disposed according to the filing?

The filing explains the 398 shares were withheld to pay tax liability related to previously granted restricted stock units.

How many Mastercard shares does Michael Miebach beneficially own after the transaction?

The Form 4 reports beneficial ownership of 84,472.721 Class A shares following the transaction.

When was the Form 4 signed and by whom?

The Form 4 was signed on 10/03/2025 by Craig Brown, as attorney-in-fact for Michael Miebach, under a power of attorney dated July 14, 2025.

Does the filing indicate a relationship between the reporting person and the issuer?

Yes. Michael Miebach is identified as both a Director and the President & CEO of Mastercard Inc.
Mastercard Incorporated

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