[144] VISA INC. SEC Filing
Form 144 notice for Visa Inc. (V): The filing reports proposed sale of 10,485 shares of common stock through Merrill Lynch (Atlanta) with an aggregate market value of $3,588,966.47, targeted for sale on 10/01/2025 on the NYSE. The shares were acquired on 10/01/2025 by exercise of non-qualified stock options from Visa Inc. and payment was recorded as a compensatory payment. The filer also disclosed three prior sales in the past three months by Ryan McInerney: 10,485 shares on 09/02/2025 for $3,654,707.49, 10,485 shares on 08/14/2025 for $3,597,718.05, and 8,630 shares on 07/01/2025 for $3,053,466.60.
The notice includes the seller's representation regarding absence of undisclosed material adverse information and a signature attesting to that representation.
- Full disclosure of acquisition method: the filing specifies the shares were acquired via exercise of non-qualified stock options and paid as a compensatory payment.
- Detailed sales history provided: three prior sales with dates, share counts, and gross proceeds are included, supporting transparency.
- Insider selling activity: multiple sales totaling 29,600 shares in the past three months may be interpreted as continued disposition of holdings.
Insights
TL;DR: Insider exercising NQ options and listing shares for sale; multiple recent sales disclosed, routine Form 144 activity.
The filing documents a proposed sale of 10,485 Visa common shares acquired via exercise of non-qualified stock options on the same date as acquisition, indicating immediate intended disposition. The transaction is routed through Merrill Lynch and scheduled for NYSE execution. The filing also itemizes three recent sales by the same individual totaling 29,600 shares over the past three months with disclosed gross proceeds. From a securities compliance perspective, the notice appears procedural and includes the required attestation about material nonpublic information.
TL;DR: Filing contains required disclosures and attestation; no additional corporate governance events reported.
The Form 144 supplies acquisition method (exercise of NQ options), payment nature (compensatory), and specific sale quantities and proceeds for recent months. It includes the standard signature attestation regarding knowledge of material adverse information. The document does not report any change in issuer management, governance actions, or other corporate events; it solely notifies proposed and recent sales by an individual shareholder.