[144] VISA Inc. SEC Filing

Rhea-AI Filing Summary

Visa Inc. (V) submitted a Form 144 notifying a proposed sale of securities. The filing lists 2,027 common shares to be sold through Merrill Lynch with an aggregate market value of $697,328.54, and reports approximately 1,698,682,527 shares outstanding. The approximate date of sale is 08/18/2025 on the New York exchange. The shares were acquired on 08/18/2025 by exercise of non-qualified stock options from Visa Inc., and the payment is described as compensatory. The filer reports no securities sold in the past three months and affirms no undisclosed material information.

Positive

• Complete transaction details provided including broker, share count, aggregate market value, and sale date
• Securities acquired via compensatory NQ option exercise, indicating routine insider liquidity rather than asset transfer from a third party
• No securities sold in the past three months, suggesting this is not part of a rapid insider selling pattern

Negative

• None.

Insights

Securities/Equity Analyst

TL;DR: Routine insider sale of a small block of Visa shares via option exercise; not material to valuation.

The notice documents a planned sale of 2,027 common shares with an aggregate market value of $697,328.54. Compared with the reported ~1.699 billion shares outstanding, this represents an immaterial dilution or selling volume. The shares stem from a compensatory exercise of non-qualified stock options on the same date, indicating routine employee or insider liquidity rather than a strategic divestiture. No prior sales in the last three months are reported, reducing the likelihood of a pattern of large insider exits.

Compliance / Corporate Governance Expert

TL;DR: Filing appears procedurally complete and includes the standard insider attestation required by Rule 144.

The Form 144 identifies broker details, number of shares, aggregate value, acquisition method, and the attestations regarding material nonpublic information and Rule 10b5-1 references. The filing states the acquisition was by exercise of NQ options and payment is compensatory, and it explicitly notes no sales in the prior three months. From a compliance perspective, the form contains the required elements for a Rule 144 notice; no obvious procedural omissions are visible in the provided text.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	MERRILL LYNCH 3455 PEACHTREE RD NE SUITE 1000 ATLANTA GA 30326	2027	697328.54	1698682527	08/18/2025	NEW YORK

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
CLASS A COMMON	08/18/2025	EXERCISE OF NQ STOCK OPTIONS	VISA INC.			2027	08/18/2025	COMPENSATORY PAYMENT

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Visa's (V) Form 144 announce?

It notifies a proposed sale of 2,027 common shares through Merrill Lynch with an aggregate market value of $697,328.54, approximate sale date 08/18/2025.

How were the shares acquired that are being sold on Form 144?

The shares were acquired on 08/18/2025 by exercise of non-qualified stock options from Visa Inc.; payment is described as compensatory.

Is the proposed sale material relative to Visa's outstanding shares?

No. The filing reports ~1,698,682,527 shares outstanding, making 2,027 shares an immaterial amount.

Did the filer sell other Visa securities in the past three months?

No. The Form 144 indicates "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale listed on the Form 144?

Merrill Lynch (3455 Peachtree Rd NE Suite 1000, Atlanta, GA 30326) is named as the broker.