Visa (V) director Fernandez-Carbajal receives 861 Class A shares in equity grant

Rhea-AI Filing Summary

Visa Inc. director Francisco Javier Fernandez-Carbajal received 861 shares of Class A common stock on January 27, 2026. The shares were acquired at a price of $0 per share, likely reflecting a board-related equity grant, and increased his directly owned stake to 33,237 Class A 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^*

Fernandez-Carbajal Francisco Javier

(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	33,237	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) report for Francisco Javier Fernandez-Carbajal?

Visa reported that director Francisco Javier Fernandez-Carbajal acquired 861 shares of Class A common stock. The transaction occurred on January 27, 2026, at a reported price of $0 per share, indicating a likely equity grant that increased his direct holdings to 33,237 shares.

How many Visa (V) shares did Francisco Javier Fernandez-Carbajal acquire in this Form 4?

He acquired 861 shares of Visa Class A common stock. The Form 4 shows these shares were added to his existing position, bringing his directly owned total to 33,237 shares following the transaction reported as of January 27, 2026.

At what price were the new Visa (V) shares reported for Francisco Javier Fernandez-Carbajal?

The 861 Class A common shares were reported at a price of $0 per share. This zero-dollar price typically reflects a grant rather than an open-market purchase, and it raised his directly held stake to 33,237 Visa shares after the transaction date.

What is Francisco Javier Fernandez-Carbajal’s total Visa (V) ownership after the reported transaction?

After acquiring 861 additional Class A shares, his directly owned Visa holdings total 33,237 shares. This figure is stated as the amount of securities beneficially owned following the reported transaction dated January 27, 2026 in the Form 4 filing.

Is the Visa (V) insider transaction by Francisco Javier Fernandez-Carbajal direct or indirect ownership?

The Form 4 lists the 33,237 Class A shares, including the 861 newly acquired shares, as held with direct ownership. The ownership form column is marked “D,” and no nature of indirect beneficial ownership is indicated in the transaction details.

What role does Francisco Javier Fernandez-Carbajal hold at Visa (V) in this Form 4 filing?

He is identified as a director of Visa Inc. in the filing. The relationship section marks the “Director” box, while the officer and 10% owner boxes are not selected, indicating his reporting status is based on board membership rather than executive or large-shareholder roles.