[Form 4] VISA INC. Insider Trading Activity

Rhea-AI Filing Summary

Visa Inc. officer reports equity award activity and new grants. On 11/19/2025, Visa’s Global Corporate Controller and Chief Accounting Officer acquired Class A common stock through the vesting and settlement of previously granted restricted stock units in amounts of 593, 501 and 561 shares. The company also withheld 842 shares at a price of $324.12 per share to cover taxes, leaving the officer with 7,782 Class A shares beneficially owned.

On the same date, the officer received an employee stock option for 2,296 shares of Class A common stock at an exercise price of $324.12, expiring on 11/19/2035, and a new grant of 1,620 restricted stock units. The awards generally vest in three equal annual installments from their respective grant dates, subject to earlier vesting in limited circumstances described in the award agreements.

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ANDRESKI PETER M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GBL CORP CONTROLLER, CAO

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

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	11/19/2025		M		593	A	(1)	7,562	D
Class A Common Stock	11/19/2025		M		501	A	(2)	8,063	D
Class A Common Stock	11/19/2025		M		561	A	(3)	8,624	D
Class A Common Stock	11/19/2025		F		842	D	$324.12	7,782	D

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
Restricted Stock Units	(1)	11/19/2025		M			593	(1)	(1)	Class A Common Stock	593	(1)	0	D
Restricted Stock Units	(2)	11/19/2025		M			501	(2)	(2)	Class A Common Stock	501	(2)	501	D
Restricted Stock Units	(3)	11/19/2025		M			561	(3)	(3)	Class A Common Stock	561	(3)	1,123	D
Employee Stock Option (Right to Buy)	$324.12	11/19/2025		A		2,296		(4)	11/19/2035	Class A Common Stock	2,296	$0	2,296	D
Restricted Stock Units	(5)	11/19/2025		A		1,620		(5)	(5)	Class A Common Stock	1,620	(5)	1,620	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units 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 award was granted on November 19, 2022.

2. Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units 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 award was granted on November 19, 2023.

3. Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units 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 award was granted on November 19, 2024.

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, 2025.

5. Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units 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 award was granted on November 19, 2025.

	/s/ Sue Choi, Attorney-In-Fact	11/21/2025
	** 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 insider transaction did Visa Inc. (V) report in this Form 4?

The filing reports equity award activity for a Visa Inc. officer, including the vesting of restricted stock units into Class A common shares, tax-related share withholding, a new stock option grant, and a new restricted stock unit grant.

How many Visa (V) shares did the officer acquire and sell on 11/19/2025?

The officer acquired Class A common stock through the vesting of 593, 501 and 561 shares and had 842 shares disposed of at $324.12 per share to cover taxes.

What is the officer’s Visa Inc. share ownership after these transactions?

Following the reported transactions, the officer beneficially owns 7,782 shares of Visa Inc. Class A common stock in direct ownership.

What new stock options were granted to the Visa (V) officer?

The officer received an employee stock option covering 2,296 shares of Visa Inc. Class A common stock at an exercise price of $324.12 per share, expiring on 11/19/2035.

What new restricted stock units did the Visa Inc. officer receive?

The officer was granted 1,620 restricted stock units, each representing a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value.

How do the Visa (V) restricted stock units and options vest?

The restricted stock units and options generally vest in three equal installments on each of the first three anniversaries of their grant dates, subject to possible earlier full vesting in limited circumstances described in the award agreements.

Who is the reporting person in this Visa Inc. Form 4 and what is their role?

The reporting person is an officer of Visa Inc., serving as Global Corporate Controller and Chief Accounting Officer, and is reporting personal equity award transactions in the company’s securities.