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Visa (V) director Linda Rendle awarded 861 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Visa Inc. director Linda J. Rendle reported a grant of 861 restricted stock units (RSUs) on January 27, 2026. These RSUs are derivative securities that were acquired at no stated price and are held as a direct ownership position.

According to the award terms, one share of Visa Inc. Class A common stock, or the cash value of one share, will be delivered for each RSU on a future date chosen by the director or after retirement or termination of service, with the possibility of earlier settlement in limited circumstances described in the award agreement.

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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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Rendle Linda J

(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
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
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) 01/27/2026 A 861 (1) (1) Class A Common Stock 861 (1) 861 D
Explanation of Responses:
1. One share of Visa Inc. common stock, or the cash value thereof, will be delivered for each restricted stock unit on a future date selected by the director or after retirement or termination of service, subject to earlier settlement in limited circumstances specified in the award agreement.
/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 Linda Rendle report?

Visa director Linda J. Rendle reported acquiring 861 restricted stock units on January 27, 2026. Each unit represents a future right to receive one share of Visa Class A common stock or its cash value under the award agreement’s settlement terms.

How many Visa (V) restricted stock units did Linda Rendle receive?

Linda J. Rendle received 861 restricted stock units from Visa Inc. This derivative award gives her the right to obtain an equivalent number of Visa Class A common shares, or their cash value, at a future settlement date defined by the award’s terms.

When will Linda Rendle’s Visa (V) RSUs be settled or delivered?

Each of Linda Rendle’s Visa RSUs will deliver one share of common stock, or its cash value, on a future date she selects or after her retirement or termination of service, subject to limited earlier settlement circumstances in the award agreement.

Is Linda Rendle’s ownership of Visa (V) RSUs direct or indirect?

Linda J. Rendle’s 861 restricted stock units are reported as directly owned. The filing does not attribute them to a separate entity, and the transaction is shown in the direct ownership column on the derivative securities table.

What role does Linda Rendle hold at Visa (V) in this Form 4?

In this Form 4, Linda J. Rendle is identified as a director of Visa Inc. The restricted stock unit grant relates to her service on the company’s board, with settlement tied to future dates or the end of her board service.

What does each Visa (V) restricted stock unit granted to Linda Rendle represent?

Each restricted stock unit granted to Linda Rendle represents the right to receive one share of Visa Inc. common stock, or its cash value, in the future. Delivery timing follows the director’s selected date or occurs after retirement or termination of service.
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