Mastercard (NYSE: MA) CSO sells 4,280 shares after option exercise
Rhea-AI Filing Summary
Mastercard Chief Services Officer Linda Pistecchia Kirkpatrick exercised 4,280 employee stock options at $173.49 per share on August 4, 2026, receiving the same number of Class A shares, then sold 4,280 shares in multiple trades at prices such as $564.9200 and $572.8900 per share under a Rule 10b5-1 plan adopted on May 4, 2026. On August 3, 2026, she also received an award of 1,771 restricted stock units that vest in three tranches on August 3 of 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 4,280 shares ($1.70M approx. pre-tax spread)
Exercise and Sale
11 txns
Insider
Kirkpatrick Linda Pistecchia
Role
Chief Services Officer
Sold
4,280 shs ($2.44M)
Approx. gross sale proceeds
$2.44M
Approx. exercise cost
$743K
Approx. pre-tax spread
$1.70M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F2, F10 | 4,280 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F2 | 4,280 | $173.49 | $743K |
| Sale | Class A Common Stock F2 | 40 | $564.92 | $23K |
| Sale | Class A Common Stock F2, F3 | 600 | $566.6847 | $340K |
| Sale | Class A Common Stock F2, F4 | 200 | $568.0027 | $114K |
| Sale | Class A Common Stock F2, F5 | 360 | $569.1789 | $205K |
| Sale | Class A Common Stock F2, F6 | 400 | $569.9793 | $228K |
| Sale | Class A Common Stock F2, F7 | 1,680 | $571.2234 | $960K |
| Sale | Class A Common Stock F2, F8 | 880 | $572.0552 | $503K |
| Sale | Class A Common Stock F2, F9 | 120 | $572.89 | $69K |
| Grant/Award | Class A Common Stock F1 | 1,771 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Class A Common Stock — 31,179.052 shares (Direct)
Footnotes (10)
- F1. Award of restricted stock units (RSUs), which vest as follows: (i) 590 RSUs which will vest on August 3, 2027, (ii) 590 RSUs which will vest on August 3, 2028 and (iii) 591 RSUs which will vest on August 3, 2029.
- F2. 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 May 4, 2026.
- F3. This transaction was executed in multiple trades at prices ranging from $566.21 to $567.08. 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.
- F4. This transaction was executed in multiple trades at prices ranging from $567.43 to $568.39. 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.
- F5. This transaction was executed in multiple trades at prices ranging from $568.58 to $569.51. 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.
- F6. This transaction was executed in multiple trades at prices ranging from $569.66 to $570.26. 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.
- F7. This transaction was executed in multiple trades at prices ranging from $570.68 to $571.63. 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.
- F8. This transaction was executed in multiple trades at prices ranging from $571.69 to $572.62. 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.
- F9. This transaction was executed in multiple trades at prices ranging from $572.70 to $573.07. 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.
- F10. The reporting person was awarded 4,280 employee stock options on March 1, 2018, which previously had fully vested
Key Figures
Options exercised: 4,280 shares
Option exercise price: $173.4900 per share
Shares sold: 4,280 shares
+4 more
7 metrics
Options exercised
4,280 shares
Employee stock options exercised on August 4, 2026
Option exercise price
$173.4900 per share
Exercise price for 4,280 employee stock options
Shares sold
4,280 shares
Class A Common Stock sold on August 4, 2026
Reported sale price range
$564.9200 to $572.8900 per share
Per-share and weighted-average prices across disclosed sale transactions
RSU award size
1,771 RSUs
Restricted stock units granted on August 3, 2026
RSU vesting tranches
590, 590, 591 RSUs
Vest on August 3 of 2027, 2028 and 2029, respectively
Rule 10b5-1 plan adoption date
May 4, 2026
Adoption date of pre-planned trading plan for reported trades
Key Terms
restricted stock units (RSUs), Rule 10b5-1, weighted average sales price, employee stock options
4 terms
restricted stock units (RSUs) financial
"Award of restricted stock units (RSUs), which vest as follows:"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Rule 10b5-1 financial
"pre-planned trading plan entered into in accordance with Rule 10b5-1"
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 options financial
"The reporting person was awarded 4,280 employee stock options on March 1, 2018"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Mastercard (MA) executive Linda Pistecchia Kirkpatrick report?
She reported exercising 4,280 employee stock options at $173.49 per share into Class A common stock, then selling 4,280 shares of Mastercard stock in multiple open-market trades on August 4, 2026, as detailed in the Form 4.
Were Linda Pistecchia Kirkpatrick’s Mastercard (MA) stock sales made under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were effected under a pre-planned trading plan under Rule 10b5-1, adopted on May 4, 2026, for personal financial management purposes, which means the trades were scheduled in advance.
What stock option exercise did the Mastercard (MA) executive report?
She exercised 4,280 employee stock options with an exercise price of $173.4900 per share, originally awarded on March 1, 2018 and previously fully vested, converting them into 4,280 shares of Mastercard Class A Common Stock before the related sales.
What restricted stock units did Linda Pistecchia Kirkpatrick receive from Mastercard (MA)?
On August 3, 2026, she received an award of 1,771 restricted stock units (RSUs), vesting as 590 RSUs on August 3, 2027, 590 RSUs on August 3, 2028, and 591 RSUs on August 3, 2029, according to the footnote disclosure.