[Form 4] VISA Inc. Insider Trading Activity

Rhea-AI Filing Summary

Visa Inc. (V) Form 4 by Chief Financial Officer Chris Suh reports transactions on 08/15/2025. The reporting person acquired 15,289 restricted stock units (RSUs) that represent contingent rights to receive one share of Visa common stock (or cash equivalent) and sold 7,150 Class A common shares at a price of $344.47 per share. The filing shows beneficial ownership following the transactions of 24,853 and 17,703 shares on the respective lines. The RSUs were originally granted on August 15, 2023 and vest in three equal annual installments starting on the grant anniversary, subject to limited earlier vesting as specified in the award agreement.

Insights

Financial Analyst

TL;DR: Insider reported a scheduled RSU vesting and a concurrent sale of shares; transactions are routine compensation-related activity.

The Form 4 shows a 15,289 RSU acquisition (settlement/vesting event) and a 7,150-share sale at $344.47 on 08/15/2025 by CFO Chris Suh. The RSU award was granted 08/15/2023 and vests in three equal installments, which explains the timing and size of the acquisition. The sale reduces immediate share exposure while the RSUs increase contingent holdings until settled. No additional financial performance figures or forward-looking guidance are included in the filing.

Corporate Governance Expert

TL;DR: Filing documents standard executive compensation mechanics and an open-market sale; disclosure appears timely and complete for the transactions reported.

The reporting indicates an award agreement with multi-year vesting and a contemporaneous disposition of shares. The Form 4 includes the grant date (08/15/2023), vesting schedule description, and precise amounts transacted on 08/15/2025. These elements align with routine SEC Section 16 reporting obligations and provide transparency on the officer's equity compensation realization and share sales.

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

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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^*

Suh Chris

(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)
	CHIEF FINANCIAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		M		15,289	A	(1)	24,853	D
Class A Common Stock	08/15/2025		F		7,150	D	$344.47	17,703	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)	08/15/2025		M			15,289	(1)	(1)	Class A Common Stock	15,289	(1)	15,289	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 August 15, 2023.

	/s/ Sue Choi, Attorney-In-Fact	08/19/2025
	** 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).
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