[144] VISA Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Visa Inc. (V) shows that 10,485 shares of Class A/Common stock are planned for sale through Merrill Lynch on 09/02/2025 on the New York Stock Exchange with an aggregate market value of $3,654,707.49. The shares were acquired on 09/02/2025 by exercise of nonqualified stock options from Visa Inc., with payment classified as a compensatory payment. The filer appears to be Ryan McInerney, who previously sold 8,630 shares on 07/01/2025 for $3,053,466.60, 8,620 shares on 06/02/2025 for $3,127,077.40, and 10,485 shares on 08/14/2025 for $3,597,718.05. Certain standard issuer and contact fields in the form are blank or not provided in the supplied content.

Positive

• Full transaction details for the planned sale are provided: number of shares, broker, exchange, approximate sale date, and aggregate value
• Acquisition origin disclosed (exercise of nonqualified stock options) and payment nature labeled as compensatory
• Recent insider sales during the past three months are listed with dates and gross proceeds, improving transparency

Negative

• Issuer and filer contact fields are incomplete or not provided in the supplied content, limiting context
• Form lacks relationship-to-issuer details and some metadata that could clarify the filers role
• Filing does not include any operational or financial performance information, so material impact is limited to insider selling disclosure

Insights

Securities Analyst

TL;DR: Insider executed and plans to sell option-exercised shares totaling meaningful single-trade value; routine disclosure without new operational information.

The filing documents a planned sale of 10,485 shares following an exercise of nonqualified stock options occurring the same day, indicating a compensatory grant realization and immediate liquidity event. Aggregate market value for the planned sale is $3.65 million. Recent historical sales by the same person show regular dispositions of similar magnitude over the past three months, suggesting ongoing insider selling activity rather than a one-off event. There is no operational or financial performance data in the filing and no indication of undisclosed material information per the signers attestation.

Corporate Governance Expert

TL;DR: Disclosure is a routine Rule 144 notice tied to option exercise; governance implications are limited absent other facts.

The submission meets regulatory disclosure of proposed sale and origin of securities (exercise of NQ stock options) with payment characterized as compensatory. Repeated sales by the same insider are documented, which governance teams typically monitor for signaling and insider trading compliance. The form lacks issuer contact and some filer metadata in the provided content, which limits assessment of filing completeness from a procedural standpoint.

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	3654707.49	1698682527	09/02/2025	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	09/02/2025	EXERCISE OF NQ STOCK OPTIONS	VISA INC.			10485	09/02/2025	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
RYAN MCINERNEY PO BOX 8999 SAN FRANCISCO CA 94128	COMMON	08/14/2025	10485	3597718.05

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

Who is the filer and how many Visa (V) shares are planned for sale?

The filing identifies the seller as Ryan McInerney and reports a planned sale of 10,485 shares on 09/02/2025 through Merrill Lynch.

What is the aggregate market value of the proposed sale on the Form 144?

The aggregate market value for the planned sale is stated as $3,654,707.49.

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

The shares were acquired on 09/02/2025 by exercise of nonqualified stock options from Visa Inc., with payment listed as compensatory.

Has the filer sold Visa shares recently and for how much?

Yes. The filing lists prior sales in the past three months: 8,630 shares on 07/01/2025 for $3,053,466.60, 8,620 shares on 06/02/2025 for $3,127,077.40, and 10,485 shares on 08/14/2025 for $3,597,718.05.

On which exchange and through which broker will the sale be executed?

The planned sale is to occur on the New York Stock Exchange through Merrill Lynch (address listed in the form).