Visa officer exercises 4,170 restricted stock units

Rhea-AI Filing Summary

VISA INC. (V) reported that officer Peter M. Andreski exercised 4,170 restricted stock units into an equal number of Class A common shares on August 15, 2026, from an award granted August 15, 2023 that vests 50% on its second anniversary and 50% on its third anniversary. On the same date, 1,714 shares of Class A common stock were delivered or withheld at $364.15 per share for payment of exercise price or tax liability. Andreski also received a new grant of 5,492 restricted stock units at no cost, each representing one share or its cash equivalent, vesting 100% on the third anniversary of the August 15, 2026 grant date.

Insider Trade Summary

4,170 shares exercised/converted

Exercise 4 txns

Insider ANDRESKI PETER M

Role GBL CORP CONTROLLER, CAO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1	4,170	--	--
Grant/Award	Restricted Stock Units F2	5,492	$0.00	$0.00
Exercise	Class A Common Stock F1	4,170	--	--
Exercise Price or Tax Liability	Class A Common Stock	1,714	$364.15	$624K

Holdings After Transaction: Restricted Stock Units — 5,492 contracts (Direct); Class A Common Stock — 10,238 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in two installments: 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on August 15, 2023.
2. F2. Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in one installment: 100% on the third anniversary of the grant date, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on August 15, 2026.

Key Figures

RSUs exercised: 4,170 units New RSU grant: 5,492 units Shares delivered/withheld for exercise price or tax liability: 1,714 shares +3 more

6 metrics

RSUs exercised 4,170 units Restricted stock units converted into Visa Class A common stock on August 15, 2026 from 2023 grant

New RSU grant 5,492 units Restricted stock units granted on August 15, 2026 vesting 100% on third anniversary

Shares delivered/withheld for exercise price or tax liability 1,714 shares Class A common stock delivered or withheld at $364.15 per share

Per-share value for delivered/withheld shares $364.15 per share Price applied to 1,714 shares used for payment of exercise price or tax liability

2023 grant vesting schedule 50% / 50% RSUs vest 50% on second anniversary and 50% on third anniversary of August 15, 2023 grant

2026 grant vesting schedule 100% on third anniversary RSUs vest in one installment, 100% on the third anniversary of the August 15, 2026 grant

Key Terms

Restricted Stock Units, contingent right, cash equivalent, exercise price or tax liability

4 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"represents a contingent right to receive one share of Visa Inc. common stock"

cash equivalent financial

"one share of Visa Inc. common stock or a cash equivalent of its value"

exercise price or tax liability financial

"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

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

What insider equity transactions did Visa Inc. (V) report for Peter M. Andreski on August 15, 2026?

Visa Inc. reported that Peter M. Andreski exercised 4,170 restricted stock units into Class A common shares and had 1,714 shares delivered or withheld at $364.15 per share for payment of exercise price or tax liability, alongside receiving a new RSU grant.

How many new restricted stock units did Visa (V) grant to Peter M. Andreski and on what terms?

Peter M. Andreski received 5,492 restricted stock units at a price of $0.00 per unit. Each unit equals one Visa Class A share or its cash equivalent and will vest 100% on the third anniversary of the August 15, 2026 grant date, subject to the award agreement.

What vesting schedule applies to Peter M. Andreski’s 2023 Visa (V) RSU award that was exercised?

The 2023 RSU award vests in two installments: 50% on the second anniversary of the August 15, 2023 grant date and 50% on the third anniversary. Each restricted stock unit represents a contingent right to receive one Visa share or an equivalent cash amount, subject to the award agreement.

At what price were Visa (V) shares delivered or withheld for Andreski’s payment of exercise price or tax liability?

For Peter M. Andreski, 1,714 shares of Visa Class A common stock were delivered or withheld at $364.15 per share. These shares were used for payment of exercise price or tax liability in connection with the equity transaction reported on August 15, 2026.

What does each restricted stock unit represent in Visa Inc. (V)’s awards to Peter M. Andreski?

Each Visa restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. Receipt of shares or cash is subject to vesting terms and limited earlier-vesting circumstances specified in the applicable award agreements.

Were Andreski’s Visa (V) transactions reported as part of a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming plan status, and no footnote states the transactions occurred under a Rule 10b5-1 or other pre-arranged trading plan. The report describes the equity grants, vesting, and related share deliveries or withholdings only.

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

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Accepted by SEC EDGAR 08/18/2026 - 04:09 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).

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^*

ANDRESKI PETER M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GBL CORP CONTROLLER, CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026

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	08/15/2026		M		4,170	A	(1)	11,952	D
Class A Common Stock	08/15/2026		F		1,714	D	$364.15	10,238	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)	08/15/2026		M			4,170	(1)	(1)	Class A Common Stock	4,170	(1)	0	D
Restricted Stock Units	(2)	08/15/2026		A		5,492		(2)	(2)	Class A Common Stock	5,492	$0	5,492	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in two installments: 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on August 15, 2023.

2. Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in one installment: 100% on the third anniversary of the grant date, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on August 15, 2026.

	/s/ Sue Choi, Attorney-In-Fact	08/18/2026
	** 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)