Visa insider Ryan McInerney exercises 10,485 options, sells 10,485 shares at $342.30 avg
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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 10,485 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,485 | $109.82 | $1.15M |
| Sale | Class A Common Stock | 10,485 | $342.2953 | $3.59M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025 adopted by the reporting person. 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. 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.
