Visa CEO exercises options, sells 10,490 shares

Visa Inc. Chief Executive Officer Ryan McInerney exercised stock options and sold the resulting shares in pre-planned trades.

Rhea-AI Filing Summary

Visa Inc. Chief Executive Officer Ryan McInerney exercised stock options and sold the resulting shares in pre-planned trades. He exercised options to acquire 10,490 shares of Class A Common Stock at an exercise price of $109.82 per share, then sold 1,638 shares at a weighted average price of $344.5451 and 8,852 shares at a weighted average price of $343.8849 in open-market transactions under a Rule 10b5-1 trading plan dated May 15, 2025. Following these transactions, he holds 15,174 shares directly and 265,168 shares indirectly through the Ryan and Angela McInerney Trust.

Insider Trade Summary 10b5-1

Exercise and Sale: 10,490 shares ($2.46M approx. pre-tax spread)

Exercise and Sale 5 txns

Insider MCINERNEY RYAN

Role Chief Executive Officer

Sold 10,490 shs ($3.61M)

Approx. gross sale proceeds $3.61M

Approx. exercise cost $1.15M

Approx. pre-tax spread $2.46M

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	10,490	$0.00	$0.00
Exercise	Class A Common Stock	10,490	$109.82	$1.15M
Sale	Class A Common Stock	8,852	$343.8849	$3.04M
Sale	Class A Common Stock	1,638	$344.5451	$564K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Class A Common Stock — 15,174 shares (Direct); Class A Common Stock — 265,168 shares (Indirect, Ryan and Angela McInerney Trust)

Footnotes (4)

1. F1. This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025 adopted by the reporting person.
2. F2. The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $343.2000-$344.1900, 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. F3. The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $344.2400-$345.0500, 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.
4. F4. 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.

Key Figures

Shares sold: 10,490 shares First sale price: $344.5451 per share Second sale price: $343.8849 per share +3 more

6 metrics

Shares sold 10,490 shares Open-market sales of Class A Common Stock on 2026-07-01

First sale price $344.5451 per share Weighted average price for 1,638 shares sold

Second sale price $343.8849 per share Weighted average price for 8,852 shares sold

Option exercise price $109.82 per share Employee Stock Option for 10,490 underlying shares

Direct holdings after trades 15,174 shares Visa Class A Common Stock held directly post-transaction

Indirect trust holdings 265,168 shares Held via Ryan and Angela McInerney Trust

Key Terms

Rule 10b5-1 trading plan, weighted average price, Employee Stock Option (Right to Buy), Class A Common Stock

4 terms

Rule 10b5-1 trading plan financial

"This transaction was made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Employee Stock Option (Right to Buy) financial

"security_title": "Employee Stock Option (Right to Buy)""

Class A Common Stock financial

"security_title": "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Ryan McInerney exercised stock options for 10,490 Visa Class A shares at $109.82 and sold all 10,490 shares in open-market transactions. These trades were reported as part of his insider Form 4 filing with updated post-transaction share holdings.

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

He sold 1,638 Visa Class A shares at a weighted average price of $344.5451 and 8,852 shares at a weighted average price of $343.8849. Both sales occurred on the same date as the option exercise and were reported as open-market transactions.

Were Ryan McInerney’s Visa (V) stock sales under a Rule 10b5-1 plan?

Yes. A footnote states the transactions were made pursuant to a Rule 10b5-1 trading plan dated May 15, 2025. Such plans are pre-arranged trading programs allowing executives to sell shares on a set schedule, independent of later information.

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

After the reported transactions, Ryan McInerney holds 15,174 Visa Class A shares directly. He also has an indirect holding of 265,168 shares through the Ryan and Angela McInerney Trust, reflecting his total reported ownership in this Form 4.

What stock options did the Visa (V) CEO exercise in this filing?

He exercised an Employee Stock Option for 10,490 shares of Visa Class A Common Stock at a $109.82 exercise price. A footnote explains the option was granted on November 19, 2017 and vests in three equal annual installments from the grant date.

Does the Form 4 show any remaining Visa (V) stock options for the CEO?

The derivative table shows the Employee Stock Option position reduced to zero shares following exercise of 10,490 underlying shares. The derivative summary is empty, indicating no remaining unexercised derivative positions are reported in this particular Form 4 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 04:08 PM EDT Learn about SEC filing dates

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).

X

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)
07/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/01/2026		M(1)		10,490	A	$109.82	25,664	D
Class A Common Stock	07/01/2026		S(1)		8,852	D	$343.8849(2)	16,812	D
Class A Common Stock	07/01/2026		S(1)		1,638	D	$344.5451(3)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$109.82	07/01/2026		M(1)			10,490	(4)	11/19/2027	Class A Common Stock	10,490	$0	0	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 $343.2000-$344.1900, 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. The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $344.2400-$345.0500, 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.

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.

	/s/ Sue Choi, Attorney-In-Fact	07/02/2026
	** 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)