Mastercard (NYSE: MA) tech president exercises options and sells shares

Rhea-AI Filing Summary

Mastercard Inc President & CTO of MA Tech, Edward Grunde McLaughlin, reported an option exercise and share sale. He exercised 14,260 employee stock options at $173.4900 per share, acquiring the same number of Class A common shares. On the same day, he sold 14,260 shares in an open-market transaction at a weighted average price of $525.1884 per share, with individual trades ranging from $525.00 to $525.50. The transactions were executed under a pre-planned Rule 10b5-1 trading plan adopted on November 4, 2025 for personal financial management purposes. Following these transactions, McLaughlin directly holds 38,739.396 Class A common shares.

Insights

Equity compensation analyst

Pre-planned exercise-and-sell by Mastercard tech president looks like routine liquidity.

Edward Grunde McLaughlin exercised 14,260 stock options at $173.4900 and sold the same number of Mastercard Class A shares around $525. This is a classic exercise-and-sell pattern, turning an equity award into cash while eliminating the specific option grant.

The filing states these trades occurred under a Rule 10b5-1 plan adopted on November 4, 2025 for personal financial management. Such pre-planned programs reduce the informational value of trade timing because orders are scheduled in advance rather than decided opportunistically.

After the transactions, McLaughlin still directly owns 38,739.396 shares, indicating he retains a meaningful equity stake. With derivativeSummary showing no remaining options from this grant, future disclosures in company filings will be the place to see any new awards or additional trades.

Insider Trade Summary 10b5-1

Net Seller: 14,260 shares ($7,489,187)

Net Sell 3 txns

Insider McLaughlin Edward Grunde

Role President & CTO, MA Tech

Sold 14,260 shs ($7.49M)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	14,260	$0.00	--
Exercise	Class A Common Stock	14,260	$173.49	$2.47M
Sale	Class A Common Stock	14,260	$525.1884	$7.49M

Holdings After Transaction: Employee Stock Option (right to buy) — 0 shares (Direct, null); Class A Common Stock — 52,999.396 shares (Direct, null)

Footnotes (1)

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 4, 2025. This transaction was executed in multiple trades at prices ranging from $525.00 to $525.50. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The reporting person was awarded 14,260 employee stock options on March 1, 2018, which previously had fully vested.

Key Figures

Shares sold: 14,260 shares Weighted average sale price: $525.1884 per share Options exercise price: $173.4900 per share +3 more

6 metrics

Shares sold 14,260 shares Class A Common Stock open-market sale on 2026-07-01

Weighted average sale price $525.1884 per share Multiple trades between $525.00 and $525.50

Options exercise price $173.4900 per share Employee stock option exercise on 14,260 shares

Options exercised 14,260 options Employee Stock Option (right to buy) converted to shares

Shares held after transactions 38,739.396 shares Direct Class A Common Stock ownership post-transaction

Option grant expiration March 1, 2028 Expiration date of exercised employee stock options

Key Terms

Rule 10b5-1, weighted average sales price, Employee Stock Option (right to buy), open-market sale

4 terms

Rule 10b5-1 regulatory

"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."

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.

weighted average sales price financial

"The price reported reflects the weighted average sales price."

Employee Stock Option (right to buy) financial

"Employee Stock Option (right to buy)"

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 11:06 PM Accepted by SEC EDGAR 07/02/2026 - 11:05 PM Learn about SEC filing dates

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).

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^*

McLaughlin Edward Grunde

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CTO, MA Tech

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		M		14,260(1)	A	$173.49	52,999.396	D
Class A Common Stock	07/01/2026		S		14,260(1)	D	$525.1884(2)	38,739.396	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
Employee Stock Option (right to buy)	$173.49	07/01/2026		M			14,260(1)	(3)	03/01/2028	Class A Common Stock	14,260	$0	0	D

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 4, 2025.

2. This transaction was executed in multiple trades at prices ranging from $525.00 to $525.50. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. The reporting person was awarded 14,260 employee stock options on March 1, 2018, which previously had fully vested.

Remarks:

	/s/ Craig Brown, as attorney-in-fact for Edward McLaughlin, pursuant to a power of attorney dated June 23, 2025	07/02/2026
	** 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) executive Edward Grunde McLaughlin report?

Edward Grunde McLaughlin reported exercising 14,260 stock options and selling 14,260 Mastercard Class A shares. The options were exercised at $173.4900 per share and the shares were sold in open-market trades around $525 per share on the same date.

At what prices did Edward Grunde McLaughlin sell Mastercard (MA) shares in this Form 4?

McLaughlin’s sale was executed in multiple trades between $525.00 and $525.50 per share. The Form 4 reports a weighted average sales price of $525.1884 per share for the 14,260 Mastercard Class A shares sold in the open market.

How many Mastercard (MA) shares does Edward Grunde McLaughlin own after this Form 4 transaction?

After the reported transactions, McLaughlin directly holds 38,739.396 Mastercard Class A common shares. This figure reflects his position following the exercise of 14,260 options and the same-day sale of 14,260 shares under a pre-planned trading arrangement.

Were Edward Grunde McLaughlin’s Mastercard (MA) share sales made under a Rule 10b5-1 plan?

Yes. The filing states the transaction was effected under a pre-planned trading plan established pursuant to Rule 10b5-1. The plan was adopted on November 4, 2025 for personal financial management purposes, indicating the trades were scheduled in advance.

What stock options did Edward Grunde McLaughlin exercise in this Mastercard (MA) Form 4?

He exercised 14,260 employee stock options with a conversion or exercise price of $173.4900 per share. The options were originally awarded on March 1, 2018 and had fully vested before this transaction, converting into an equal number of Class A common shares.

When do the exercised Mastercard (MA) stock options reported by Edward Grunde McLaughlin expire?

The employee stock options exercised in this transaction carry an expiration date of March 1, 2028. After exercising 14,260 options into Class A shares, the Form 4 shows zero remaining options from this grant, as indicated by the derivative position going to 0.0000.