Visa (V) CEO McInerney reports 52,098 performance shares and $334.44 sale

Rhea-AI Filing Summary

Visa Inc. chief executive officer and director Ryan McInerney reported equity award activity in Visa Class A common stock on 11/30/2025. A performance share award resulted in the acquisition of 52,098 shares, and a related disposition of 26,456 shares occurred at a price of $334.44 per share, which is typically associated with tax withholding or similar obligations. Following these transactions, he continued to directly and indirectly beneficially own Visa stock, including 239,526 shares held indirectly through the Ryan and Angela McInerney Trust. The filing also notes that each restricted stock unit represents a contingent right to receive one share of Visa common stock or its cash equivalent, and that the performance shares earned were based on a three-year performance period under Visa’s equity incentive plan.

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

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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^*

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)
11/30/2025

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	11/30/2025		M		52,098	A	(1)	61,499	D
Class A Common Stock	11/30/2025		F		26,456	D	$334.44	35,043	D
Class A Common Stock								239,526	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
Performance Share Award	(1)	11/30/2025		A		52,098		(2)	(2)	Class A Common Stock	52,098	(1)	52,098	D
Performance Share Award	(1)	11/30/2025		M			52,098	(2)	(2)	Class A Common Stock	52,098	(1)	0	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.

2. Represents performance shares earned pursuant to the November 19, 2022 award under the Visa Inc. 2007 Equity Incentive Compensation Plan. The number of performance shares earned was determined on the basis of the applicable 3-year performance period.

	/s/ Sue Choi, Attorney-In-Fact	12/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Visa (V) report for its CEO on November 30, 2025?

Visa reported that its chief executive officer and director Ryan McInerney had a performance share award vest on 11/30/2025, resulting in the acquisition of 52,098 shares of Visa Class A common stock and a related disposition of 26,456 shares at $334.44 per share.

How many Visa (V) shares were acquired and disposed of in this Form 4 filing?

The filing shows that 52,098 shares of Visa Class A common stock were acquired through a performance share award, and 26,456 shares were disposed of at a price of $334.44 per share.

What type of equity award did Visa (V) use in this insider transaction?

The transaction involved a Performance Share Award. The filing explains that the performance shares earned were granted under the Visa Inc. 2007 Equity Incentive Compensation Plan and were determined based on an applicable three-year performance period.

What does each restricted stock unit represent in the Visa (V) Form 4 filing?

Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value, as stated in the explanation of responses.

How many Visa (V) shares are held indirectly by the CEO after the reported transactions?

After the reported transactions, 239,526 shares of Visa Class A common stock are shown as indirectly beneficially owned through the Ryan and Angela McInerney Trust.

What plan governs the performance shares reported in this Visa (V) Form 4?

The performance shares were earned pursuant to an award under the Visa Inc. 2007 Equity Incentive Compensation Plan, with the number of performance shares based on a three-year performance period starting from a November 19, 2022 award.