Visa (V) CEO Ryan McInerney reports option exercise and share sale

Rhea-AI Filing Summary

Visa Inc. insider Ryan McInerney, who serves as Chief Executive Officer and a director, reported an option exercise and share sale. On 01/02/2026, he exercised 10,485 employee stock options for Class A common stock at an exercise price of $109.82 per share and acquired the same number of shares. On the same date, he disposed of 10,485 Class A shares at a price of $349.18 per share.

After these transactions, McInerney directly owned 9,401 Class A shares and held an additional 265,168 Class A shares indirectly through the Ryan and Angela McInerney Trust. He also continued to hold 62,915 employee stock options. The filing states that the trades were made under a pre-established Rule 10b5-1 trading plan dated May 15, 2025.

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).

X

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^*

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)
01/02/2026

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	01/02/2026		M(1)		10,485	A	$109.82	19,886	D
Class A Common Stock	01/02/2026		S(1)		10,485	D	$349.18	9,401	D
Class A Common Stock								265,168	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	01/02/2026		M(1)			10,485	(2)	11/19/2027	Class A Common Stock	10,485	$0	62,915	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. 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	01/05/2026
	** 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 (V) report for Ryan McInerney?

Ryan McInerney, Visa's Chief Executive Officer and director, reported exercising 10,485 employee stock options for Class A common stock and selling 10,485 Class A shares on 01/02/2026.

At what prices were Ryan McInerney's Visa (V) transactions executed?

The employee stock options were exercised at an exercise price of $109.82 per share, and the 10,485 Class A shares sold were disposed of at a price of $349.18 per share.

How many Visa (V) shares does Ryan McInerney own after the reported transactions?

Following the transactions, Ryan McInerney directly owned 9,401 Class A shares and indirectly owned 265,168 Class A shares through the Ryan and Angela McInerney Trust.

How many Visa (V) stock options does Ryan McInerney still hold?

After exercising options, Ryan McInerney continued to hold 62,915 employee stock options with an exercise price of $109.82 and an expiration date of 11/19/2027.

Was Ryan McInerney's Visa (V) trade under a Rule 10b5-1 plan?

Yes. The filing states that the transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025 adopted by Ryan McInerney.

When were the employee stock options underlying this Visa (V) transaction granted and how did they vest?

The employee stock option was granted on November 19, 2017 and vests in three equal installments on each of the first three anniversaries of the grant date, with potential earlier vesting in limited circumstances specified in the award agreement.