Was the Visa (V) CEO’s share sale made under a Rule 10b5-1 trading plan?

Yes. The share sale was executed under a Rule 10b5-1 trading plan. The Form 4 states the transaction was made pursuant to a trading plan dated May 15, 2025, which indicates the sales were pre-arranged rather than timed on a discretionary basis.

[Form 4] VISA INC. Insider Trading Activity

Q: How many Visa (V) shares did the CEO sell and at what price?

The CEO sold 31,455 shares of Visa Class A Common Stock. The reported weighted average sale price was $340.1432 per share, with individual trades executed in a price range between $340.00 and $340.55, as disclosed in the Form 4 footnotes.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Visa Inc. Chief Executive Officer Ryan McInerney reported an exercise-and-sale transaction in Class A Common Stock. On April 29, 2026, he exercised 31,455 options at $109.82 per share and acquired the same number of shares, then sold 31,455 shares in open-market transactions at a weighted average price of $340.1432 per share under a Rule 10b5-1 trading plan dated May 15, 2025. The sales occurred in multiple trades between $340.00 and $340.55 per share. After these transactions, he held 15,174 shares directly and 265,168 shares indirectly through the Ryan and Angela McInerney Trust.

Insider Trade Summary 10b5-1

Net Seller: 31,455 shares ($10,699,204)

Net Sell 4 txns

Insider MCINERNEY RYAN

Role Chief Executive Officer

Sold 31,455 shs ($10.70M)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	31,455	$0.00	--
Exercise	Class A Common Stock	31,455	$109.82	$3.45M
Sale	Class A Common Stock	31,455	$340.1432	$10.70M
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 31,460 shares (Direct, null); Class A Common Stock — 46,629 shares (Direct, null); Class A Common Stock — 265,168 shares (Indirect, Ryan and Angela McInerney Trust)

Footnotes (1)

This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025 adopted by the reporting person. The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $340.0000-$340.5500, inclusive. The reporting person undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4. 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, 2017.

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 04:12 PM

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^*

MCINERNEY RYAN

(Last)

(First)

(Middle)

C/O VISA INC.

PO BOX 8999

(Street)

SAN FRANCISCO

CALIFORNIA

94128-8999

(City)

(State)

(Zip)

UNITED STATES

(Country)

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
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/29/2026		M⁽¹⁾		31,455	A	$109.82	46,629	D
Class A Common Stock	04/29/2026		S⁽¹⁾		31,455	D	$340.1432⁽²⁾	15,174	D
Class A Common Stock								265,168	I	Ryan and Angela McInerney Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$109.82	04/29/2026		M⁽¹⁾			31,455	⁽³⁾	11/19/2027	Class A Common Stock	31,455	$0	31,460	D

Explanation of Responses:

1. This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025 adopted by the reporting person.

2. The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $340.0000-$340.5500, inclusive. The reporting person undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4.

3. 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, 2017.

	/s/ Sue Choi, Attorney-In-Fact	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Visa (V) CEO Ryan McInerney report in this Form 4 filing?

Ryan McInerney reported exercising stock options and selling shares of Visa Class A Common Stock. He exercised 31,455 options and sold 31,455 shares in open-market transactions on April 29, 2026, while retaining a meaningful direct and indirect ownership stake.

How many Visa (V) shares did the CEO sell and at what price?

The CEO sold 31,455 shares of Visa Class A Common Stock. The reported weighted average sale price was $340.1432 per share, with individual trades executed in a price range between $340.00 and $340.55, as disclosed in the Form 4 footnotes.

What stock options did Visa (V) CEO Ryan McInerney exercise in this transaction?

He exercised 31,455 Employee Stock Options with a $109.82 exercise price. These options were granted on November 19, 2017 and vest in three equal annual installments, with vesting terms described in the award agreement referenced in the Form 4 footnotes.

How many Visa (V) shares does the CEO hold after these transactions?

After the reported trades, Ryan McInerney holds both direct and indirect positions. He owns 15,174 shares directly and 265,168 shares indirectly through the Ryan and Angela McInerney Trust, as shown in the Form 4 ownership tables.

What does the weighted average price disclosure mean in this Visa (V) Form 4?

The weighted average price reflects multiple trades combined into one reported figure. The CEO’s sales were executed in several transactions between $340.00 and $340.55 per share, and the filing offers to provide detailed breakdowns of shares sold at each specific price upon request.