STOCK TITAN

Visa (NYSE: V) director granted 861 restricted stock units in equity award

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

Rhea-AI Filing Summary

Visa Inc. director Kermit R. Crawford received an award of 861 restricted stock units on 01/27/2026. Each restricted stock unit will convert into one share of Visa Class A common stock, or its cash value, at a future date chosen by the director or after retirement or service termination, subject to limited earlier settlement conditions. Following this equity award, Crawford directly beneficially owned 1,600 shares of Visa Class A common stock.

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Insider Crawford Kermit R
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 861 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 861 shares (Direct); Class A Common Stock — 1,600 shares (Direct)
Footnotes (1)
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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*
Crawford Kermit R

(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
Class A Common Stock 1,600 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
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) report for Kermit R. Crawford?

Visa reported that director Kermit R. Crawford received an award of 861 restricted stock units on January 27, 2026. These units represent a form of equity compensation that may convert into Visa Class A common stock or cash at future settlement dates.

How many Visa shares does Kermit R. Crawford own after this Form 4?

After the reported transaction, Kermit R. Crawford directly beneficially owned 1,600 shares of Visa Class A common stock. This share count reflects his holdings following the grant of 861 restricted stock units as disclosed in the Form 4 filing.

What are the terms of Kermit R. Crawford’s Visa restricted stock units?

Each restricted stock unit entitles Kermit R. Crawford to receive one share of Visa common stock or its cash value. Delivery occurs on a future date he selects or after retirement or service termination, subject to limited earlier settlement conditions specified in the award agreement.

Is Kermit R. Crawford a director or officer of Visa (V)?

Kermit R. Crawford is identified as a director of Visa Inc. in the filing and is not listed as an officer or 10% owner. The Form 4 indicates the transaction was filed by one reporting person in that director capacity.

Was there a purchase price for the 861 Visa restricted stock units?

The 861 restricted stock units were reported with a price per unit of $0.0000, indicating they were granted as compensation rather than purchased. This is a common structure for equity awards to directors of public companies like Visa.

How will Kermit R. Crawford receive value from his Visa restricted stock units?

Kermit R. Crawford will receive one Visa common share or the cash value for each restricted stock unit upon settlement. Settlement occurs on a future date he chooses or after retirement or service termination, with limited provisions for earlier settlement in the award agreement.