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Visa CEO Ryan McInerney sells 5,875 shares

The chief executive's exercise and sale were reported under a Rule 10b5-1 plan adopted May 22, 2026.

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Form Type
4

Rhea-AI Filing Summary

Visa Inc. Chief Executive Officer Ryan McInerney exercised options for 5,875 Class A common shares at an exercise price of $134.76 and sold 5,875 shares at $416.22 per share on November 2, 2026. Both transactions were made under a Rule 10b5-1 trading plan adopted May 22, 2026. After the exercise, 46,999 employee stock options were reported. McInerney's indirect holdings included 265,168 Class A shares through the Ryan and Angela McInerney Trust.

Insider MCINERNEY RYAN
Role Chief Executive Officer
Sold 5,875 shs ($2.45M)
Approx. gross sale proceeds $2.45M
Approx. exercise cost $792K
Approx. pre-tax spread $1.65M
Share of Position Sold 27.9%
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 $416.22 $2.45M
Holding Class A Common Stock -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 46,999 contracts (Direct); Class A Common Stock — 15,174 shares (Direct); Class A Common Stock — 265,168 shares (Indirect, Ryan and Angela McInerney Trust)
Holdings Before and After: Employee Stock Option (Right to Buy), 52,874 to 46,999 contracts (Direct); Class A Common Stock, 15,174 to 15,174 shares (Direct)
Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.
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.
Shares acquired through option exercise 5,875 shares November 2, 2026
Option exercise price $134.76 per share November 2, 2026
Shares sold 5,875 shares November 2, 2026
Sale price $416.22 per share November 2, 2026
Employee stock options following transaction 46,999 options Following the reported option exercise
Indirect trust holding 265,168 Class A shares Ryan and Angela McInerney Trust
Rule 10b5-1 trading plan financial
"pursuant to a Rule 10b5-1 trading plan"
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 (Right to Buy) financial
"Employee Stock Option (Right to Buy)"
vest in three equal installments financial
"Options vest in three equal installments"

FAQ

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How many V shares did the CEO sell, and at what price?

Ryan McInerney sold 5,875 Class A common shares at $416.22 per share on November 2, 2026. On the same date, he exercised options for 5,875 shares at an exercise price of $134.76. Both transactions were made under a Rule 10b5-1 trading plan adopted May 22, 2026.

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

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SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock11/02/2026M(1)5,875A$134.7621,049D
Class A Common Stock11/02/2026S(1)5,875D$416.2215,174D
Class A Common Stock265,168IRyan 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$134.7611/02/2026M(1)5,875 (2)11/19/2028Class A Common Stock5,875$046,999D
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-Fact11/03/2026
** Signature of Reporting PersonDate
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)

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