Visa CEO exercises options, sells 5,875 shares

Visa’s CEO exercised 5,875 stock options and sold an equal number of shares under a Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

VISA INC. (V) reported that Chief Executive Officer and director Ryan McInerney exercised employee stock options for 5,875 shares of Class A Common Stock on September 1, 2026 at an exercise price of $134.76 per share, receiving the same number of shares.

On the same date, he sold 5,875 Class A shares at $379.65 per share in a transaction made pursuant to a Rule 10b5-1 trading plan dated May 22, 2026. Following the option exercise, 58,749 options remained from that grant, and 265,168 Class A shares were held indirectly through the Ryan and Angela McInerney Trust.

Insider Trade Summary 10b5-1

Exercise and Sale: 5,875 shares ($1.44M approx. pre-tax spread)

Exercise and Sale 4 txns

Insider MCINERNEY RYAN

Role Chief Executive Officer

Sold 5,875 shs ($2.23M)

Approx. gross sale proceeds $2.23M

Approx. exercise cost $792K

Approx. pre-tax spread $1.44M

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy) F1, F2	5,875	$0.00	$0.00
Exercise	Class A Common Stock F1	5,875	$134.76	$792K
Sale	Class A Common Stock F1	5,875	$379.65	$2.23M
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 58,749 contracts (Direct); Class A Common Stock — 15,174 shares (Direct); Class A Common Stock — 265,168 shares (Indirect, Ryan and Angela McInerney Trust)

Footnotes (2)

1. F1. This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 22, 2026 adopted by the reporting person.
2. F2. 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, 2018.

Key Figures

Options exercised: 5,875 options Option exercise price: $134.76 per share Shares sold: 5,875 shares +5 more

8 metrics

Options exercised 5,875 options Employee stock options exercised for Class A Common Stock on September 1, 2026

Option exercise price $134.76 per share Exercise price for the 5,875 employee stock options

Shares sold 5,875 shares Class A Common Stock sold on September 1, 2026

Sale price $379.65 per share Price per share for the 5,875 Class A shares sold

Remaining options from grant 58,749 options Employee stock options remaining after the reported exercise

Indirectly held shares 265,168 shares Class A Common Stock held through the Ryan and Angela McInerney Trust

Rule 10b5-1 plan adoption date May 22, 2026 Date of the trading plan under which the transactions were made

Option grant date November 19, 2018 Grant date of the employee stock options that were partially exercised

Key Terms

Rule 10b5-1 trading plan, Employee Stock Option, Class A Common Stock, vest in three equal installments

4 terms

Rule 10b5-1 trading plan regulatory

"This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 22, 2026"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Employee Stock Option financial

"Employee Stock Option (Right to Buy)"

An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.

Class A Common Stock financial

"underlying security title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vest in three equal installments financial

"Options vest in three equal installments on each of the first three anniversaries"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Visa (V) CEO Ryan McInerney report in this Form 4?

He exercised 5,875 employee stock options for Class A Common Stock at $134.76 per share on September 1, 2026 and sold 5,875 Class A shares at $379.65 per share on the same date.

Were Ryan McInerney’s Visa (V) share transactions under a Rule 10b5-1 plan?

Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan dated May 22, 2026 that was adopted by Ryan McInerney.

What option position does the Visa (V) CEO report after the exercise?

After exercising, the filing shows 58,749 employee stock options remaining from the grant that was issued on November 19, 2018, which vests in three equal annual installments.

At what prices did the Visa (V) CEO exercise options and sell shares?

He exercised options at an exercise price of $134.76 per share and sold the resulting Class A Common Stock at $379.65 per share on September 1, 2026.

How many Visa (V) shares are held indirectly through the McInerney trust?

The filing reports 265,168 shares of Class A Common Stock held indirectly through the Ryan and Angela McInerney Trust as of the reported date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 04:19 PM EDT Accepted by SEC EDGAR 09/02/2026 - 04:18 PM EDT Learn about SEC filing dates

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 CALIFORNIA 94128-8999

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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

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

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

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	09/01/2026		M(1)		5,875	A	$134.76	21,049	D
Class A Common Stock	09/01/2026		S(1)		5,875	D	$379.65	15,174	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)	$134.76	09/01/2026		M(1)			5,875	(2)	11/19/2028	Class A Common Stock	5,875	$0	58,749	D

Explanation of Responses:

1. This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 22, 2026 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, 2018.

	/s/ Sue Choi, Attorney-In-Fact	09/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)