Visa CEO sells 20,970 shares after option exercise
Visa Inc. Chief Executive Officer Ryan McInerney reported an exercise-and-sale of company stock.
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Form Type
4
Rhea-AI Filing Summary
Visa Inc. Chief Executive Officer Ryan McInerney reported an exercise-and-sale of company stock. He exercised employee stock options for 20,970 shares of Class A Common Stock at an exercise price of $109.82 per share, then sold 20,970 shares in an open-market transaction.
The sale was made under a Rule 10b5-1 trading plan dated May 15, 2025, at a weighted average price of $340.2464 per share, within a range of $340.00 to $340.56. After these transactions, McInerney holds 15,174 shares directly and 265,168 shares indirectly through the Ryan and Angela McInerney Trust.
Insider Trade Summary 10b5-1
Exercise and Sale: 20,970 shares ($4.83M approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
MCINERNEY RYAN
Role
Chief Executive Officer
Sold
20,970 shs ($7.13M)
Approx. gross sale proceeds
$7.13M
Approx. exercise cost
$2.30M
Approx. pre-tax spread
$4.83M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 20,970 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 20,970 | $109.82 | $2.30M |
| Sale | Class A Common Stock | 20,970 | $340.2464 | $7.13M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 10,490 contracts (Direct);
Class A Common Stock — 15,174 shares (Direct);
Class A Common Stock — 265,168 shares (Indirect, Ryan and Angela McInerney Trust)
Footnotes (3)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025 adopted by the reporting person.
- F2. The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $340.0000-$340.5600, 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.
- F3. 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.
Key Figures
Shares sold: 20,970 shares
Weighted average sale price: $340.2464 per share
Exercise price: $109.82 per share
+3 more
6 metrics
Shares sold
20,970 shares
Open-market sale of Class A Common Stock
Weighted average sale price
$340.2464 per share
Sale of 20,970 shares on 2026-06-29
Exercise price
$109.82 per share
Employee stock option exercise for 20,970 shares
Direct holdings after transaction
15,174 shares
Class A Common Stock held directly after 2026-06-29
Indirect holdings after transaction
265,168 shares
Held by Ryan and Angela McInerney Trust
Option expiration date
2027-11-19
Employee stock option grant dated November 19, 2017
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Option (Right to Buy), Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025 adopted by the reporting person."
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.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy)"
Class A Common Stock financial
"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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Visa (V) CEO Ryan McInerney report?
Ryan McInerney reported exercising options for 20,970 Visa Class A shares and selling 20,970 shares in an open-market transaction. The filing shows an exercise price of $109.82 per share and a weighted average sale price of $340.2464 per share.
Was the Visa (V) CEO’s stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025. Such plans pre-schedule trades, indicating the timing was established in advance rather than decided on the trade date.
What options did the Visa (V) CEO exercise in this Form 4 filing?
The CEO exercised employee stock options covering 20,970 underlying Visa Class A shares at an exercise price of $109.82 per share. A footnote explains the options were granted on November 19, 2017 and vest in three equal annual installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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