Visa (NYSE: V) director Denise Morrison receives 861-share stock award

Rhea-AI Filing Summary

Visa Inc. director Denise M. Morrison reported receiving 861 shares of Class A common stock on January 27, 2026. The shares were acquired at a price of $0 per share, which typically indicates an award or grant rather than a market purchase.

After this transaction, Morrison beneficially owns 10,133 shares of Visa Class A common stock in direct ownership. The filing reflects a routine insider equity transaction rather than a sale of shares.

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^*

MORRISON DENISE M

(Last) (First) (Middle)

C/O VISA INC.

P.O. 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

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	01/27/2026		A		861	A	$0	10,133	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

Explanation of Responses:

	/s/ Sue Choi, Attorney-In-Fact	01/28/2026
	** 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).
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.

FAQ

What insider transaction did Visa (V) director Denise Morrison report?

Denise M. Morrison reported acquiring 861 shares of Visa Class A common stock. The shares were obtained on January 27, 2026, at a price of $0 per share, indicating an equity award rather than an open-market purchase.

How many Visa (V) shares does Denise Morrison own after this Form 4?

After the reported transaction, Denise M. Morrison beneficially owns 10,133 shares of Visa Class A common stock. These shares are reported as directly held, reflecting her updated ownership position following the January 27, 2026 award.

Was the Visa (V) insider transaction a purchase or an award?

The transaction is coded as an acquisition at $0 per share, which signals an award or grant. Form 4 data show no purchase price, so the 861 shares appear to be received as compensation rather than bought in the market.

Did Denise Morrison sell any Visa (V) shares in this Form 4 filing?

No sales are reported in this Form 4. The filing shows only an acquisition of 861 Visa Class A shares, increasing Denise M. Morrison’s directly owned position to a total of 10,133 shares after the transaction.

What is the significance of the $0 price in the Visa (V) Form 4?

A $0 price per share generally means the insider received an equity grant or award rather than paying cash. For Denise M. Morrison, the 861 Visa Class A shares were acquired at $0, consistent with stock-based director compensation.