[Form 4] VISA INC. Insider Trading Activity

Rhea-AI Filing Summary

Ryan McInerney, identified as Chief Executive Officer and a director of Visa Inc. (V), reported transactions dated 10/01/2025 under a Rule 10b5-1 trading plan dated May 15, 2025. He exercised an employee stock option with an exercise price of $109.82 to acquire 10,485 Class A shares and simultaneously sold 10,485 Class A shares in multiple transactions at a weighted-average price of $342.2953 (individual sale prices ranged $340.31–$343.73). After these transactions he directly beneficially owns 11,022 Class A shares and indirectly owns 247,326 Class A shares via the Ryan and Angela McInerney Trust. The exercised option was part of a grant dated 11/19/2017 with vesting in three equal annual installments.

Positive

• Use of a Rule 10b5-1 plan (dated May 15, 2025) provides a documented, pre-arranged framework for the trades
• Substantial indirect ownership retained via the Ryan and Angela McInerney Trust: 247,326 Class A shares

Negative

• Sale of 10,485 shares at a weighted-average price of $342.2953 was executed on 10/01/2025
• Direct share count after transactions is reduced to 11,022 Class A shares

Insights

Corporate Insider Transactions Analyst

Insider executed matched option exercise and sale under a 10b5-1 plan on 10/01/2025.

The reporting shows a contemporaneous exercise of 10,485 options at $109.82 and a sale of 10,485 shares at a weighted-average $342.2953, executed pursuant to a Rule 10b5-1 plan dated May 15, 2025. This is a pre-arranged trading mechanism disclosed in the filing.

The filing lists post-transaction holdings of 11,022 direct shares and 247,326 indirect shares via trust, which are the reported ownership figures on the Form 4.

Equity Compensation Specialist

Option details confirm grant and vesting schedule from 11/19/2017.

The employee stock option was originally granted on 11/19/2017 and vests in three equal installments on each of the first three anniversaries of the grant date, per the filing. The reported derivative holdings after this transaction include 94,370 option-related shares beneficially owned.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MCINERNEY RYAN

(Last) (First) (Middle)

C/O VISA INC.

PO BOX 8999

(Street)

SAN FRANCISCO CA 94128-8999

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VISA INC. [ V ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	10/01/2025		M(1)		10,485	A	$109.82	11,022	D
Class A Common Stock	10/01/2025		S(1)		10,485	D	$342.2953(2)	537	D
Class A Common Stock								247,326	I	Ryan and Angela McInerney Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$109.82	10/01/2025		M(1)			10,485	(3)	11/19/2027	Class A Common Stock	10,485	$0	94,370	D

Explanation of Responses:

1. This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025 adopted by the reporting person.

2. The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $340.3100-$343.7300, inclusive. The reporting person undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4.

3. Options vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The option was granted on November 19, 2017.

	/s/ Sue Choi, Attorney-In-Fact	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Ryan McInerney report on Form 4 for V?

He exercised 10,485 employee stock options at $109.82 and sold 10,485 Class A shares at a weighted-average price of $342.2953 on 10/01/2025.

Was the trading done under a Rule 10b5-1 plan for Visa (V)?

Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025.

How many Visa shares does Ryan McInerney beneficially own after the reported transactions?

The Form 4 reports 11,022 Class A shares owned directly and 247,326 Class A shares owned indirectly via the Ryan and Angela McInerney Trust.

What was the price range for the shares sold?

The filing discloses sale prices ranged from $340.3100 to $343.7300, with a weighted-average of $342.2953.

When was the option grant originally made and how does it vest?

The option was granted on 11/19/2017 and vests in three equal installments on each of the first three anniversaries of the grant date, per the filing.