Visa general counsel sells 1,867 shares
Visa’s general counsel exercised options and sold 1,867 Class A shares under a Rule 10b5-1 plan.
Rhea-AI Filing Summary
VISA INC. (V) reported that its general counsel, Julie B. Rottenberg, exercised employee stock options and sold shares of Class A common stock on September 9, 2026. She exercised options for 1,867 shares at an exercise price of $134.76 per share, receiving the same number of Class A shares.
On the same day, she sold 1,867 Class A shares at a price of $368.34 per share. Following the option exercise, she held 3,734 option shares directly, with these options scheduled to expire on November 19, 2028. All reported transactions were made under a Rule 10b5-1 trading plan adopted on June 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 1,867 shares ($436K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
ROTTENBERG JULIE B
Role
GENERAL COUNSEL
Sold
1,867 shs ($688K)
Approx. gross sale proceeds
$688K
Approx. exercise cost
$252K
Approx. pre-tax spread
$436K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1, F2 | 1,867 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 1,867 | $134.76 | $252K |
| Sale | Class A Common Stock F1 | 1,867 | $368.34 | $688K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 3,734 contracts (Direct);
Class A Common Stock — 18,404 shares (Direct)
Footnotes (2)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan dated June 1, 2026 adopted by the reporting person.
- 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
Shares sold: 1,867 shares
Sale price per share: $368.34 per share
Options exercised: 1,867 shares
+4 more
7 metrics
Shares sold
1,867 shares
Class A common stock sold on September 9, 2026
Sale price per share
$368.34 per share
Price for 1,867 Class A shares sold on September 9, 2026
Options exercised
1,867 shares
Underlying Class A shares acquired via option exercise on September 9, 2026
Option exercise price
$134.76 per share
Exercise price of employee stock options for 1,867 shares
Remaining option shares
3,734 shares
Option shares held directly after the exercise, expiring November 19, 2028
Rule 10b5-1 plan adoption date
June 1, 2026
Date of trading plan under which the transactions were made
Option expiration date
November 19, 2028
Scheduled expiration of the remaining employee stock options
Key Terms
Rule 10b5-1 trading plan, Employee Stock Option, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan dated June 1, 2026 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.
Employee Stock Option financial
"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."
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
"The option relates to Class A Common Stock as the underlying security."
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.
FAQ
What transactions did VISA INC. (V) report for Julie B. Rottenberg on this Form 4?
The general counsel exercised options for 1,867 Class A shares at $134.76 per share and sold 1,867 Class A shares at $368.34 per share on September 9, 2026, all under a Rule 10b5-1 trading plan.
What was the option exercise price in the VISA (V) Form 4 for Julie B. Rottenberg?
The employee stock options were exercised at an exercise price of $134.76 per share for 1,867 underlying Class A shares on September 9, 2026.
Were Julie B. Rottenberg’s VISA (V) trades made under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were made pursuant to a Rule 10b5-1 trading plan dated June 1, 2026 adopted by the reporting person.
What is Julie B. Rottenberg’s role at VISA INC. (V) mentioned in the Form 4?
She is identified as an officer of VISA INC., serving as General Counsel, in connection with the reported option exercise and share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
