V Form 144 Filing: Insider to Sell 10,485 Shares After Option Exercise

Rhea-AI Filing Summary

Form 144 filing for Visa Inc. (V) reporting proposed sale of common shares by an insider. The filer notifies the SEC of an intended sale of 10,485 shares of common stock through Merrill Lynch on the New York Stock Exchange with an aggregate market value of $3,597,718.05 and an approximate sale date of 08/14/2025. The shares were acquired the same day by exercise of nonqualified stock options and paid as a compensatory transaction. The filing also discloses two recent sales by the same person: 8,630 shares on 07/01/2025 for $3,053,466.60 and 8,620 shares on 06/02/2025 for $3,127,077.40. The notice includes the required insider representation about lack of undisclosed material information.

Insights

Securities Analyst

TL;DR: Routine insider sale following option exercise; transaction size is small relative to Visa's market cap and likely neutral for investors.

The filing documents a planned brokered sale of 10,485 shares valued at about $3.6 million arising from exercise of nonqualified options and immediate compensatory payment. Prior month sales of similar magnitude are disclosed, indicating ongoing liquidity events rather than a single large disposition. There is no disclosure here of undisclosed material information and no indication of extraordinary corporate developments. Impact on valuation or operations appears negligible based solely on these figures.

Corporate Governance Expert

TL;DR: Compliance-focused Form 144; shows insider adherence to disclosure and brokered-sale procedures.

The filer provides required details: acquisition date, nature (exercise of NQ options), broker identity, planned sale date, and recent sales history. This supports transparency under Rule 144 and suggests the insider is following standard exercise-and-sell practices to cover tax or exercise costs. No governance irregularities or timing concerns are evident from the filing alone.

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	10485	3597718.05	1698682527	08/14/2025	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 *
COMMON	08/14/2025	EXERCISE OF NQ STOCK OPTIONS	VISA INC.			10485	08/14/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
RYAN MCINERNEY PO BOX 8999 SAN FRANCISCO CA 94128	COMMON	07/01/2025	8630	3053466.60
RYAN MCINERNEY PO BOX 8999 SAN FRANCISCO CA 94128	COMMON	06/02/2025	8620	3127077.40

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 filed here report?

The filing reports a proposed sale of 10,485 common shares through Merrill Lynch on the NYSE with an aggregate market value of $3,597,718.05 and an approximate sale date of 08/14/2025.

How were the 10,485 Visa shares acquired according to the filing?

The shares were acquired on 08/14/2025 by exercise of nonqualified stock options and payment was classified as a compensatory payment.

Does the filing show other recent sales by the same person?

Yes; the filer sold 8,630 shares on 07/01/2025 for $3,053,466.60 and 8,620 shares on 06/02/2025 for $3,127,077.40.

Who is the broker named for the proposed sale?

The broker listed is Merrill Lynch with an address at 3455 Peachtree Rd NE Suite 1000, Atlanta, GA; the sale is to occur on the New York Stock Exchange.

Does the Form 144 assert any undisclosed material information?

The filer represents by signature that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.