Visa CEO Ryan McInerney Exercises Options and Sells $2.45M in Stock Under 10b5-1 Plan

Executive Summary

On November 3, 2026, Visa Inc. ($V) Chief Executive Officer and Director Ryan McInerney filed a Form 4 detailing an option exercise and corresponding sale of 5,875 shares of Class A Common Stock on November 2, 2026. The transaction generated gross proceeds of approximately $2.45 million at a price of $416.22 per share. Both the option exercise and stock sale were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 22, 2026.

Transaction Breakdown

• Option Exercise (Code M): Exercised 5,875 employee stock options with an exercise price of $134.76 per share (expiring November 19, 2028).
• Open Market Sale (Code S): Sold all 5,875 shares acquired via option exercise at $416.22 per share for a total value of $2,445,292.50.
• Direct Ownership Post-Transaction: 15,174 shares of Class A Common Stock.
• Indirect Ownership: 265,168 shares held via the Ryan and Angela McInerney Trust.

Market & Trading Significance

This transaction carries Low trading significance as it represents a standard "exercise-and-sell" transaction executed automatically under a pre-established Rule 10b5-1 trading plan. The sale does not impact the CEO's substantial indirect equity holding of 265,168 shares, demonstrating continued long-term alignment with shareholders.