Mastercard Officer Files Form 144 Notice to Sell $2.74M in Common Shares

Executive Summary

On October 30, 2026, Mastercard Inc ($MA) officer Hai Ling submitted a Form 144 notice of proposed sale covering 4,318 shares of common stock with an aggregate market value of approximately $2,744,952.60 ($635.70 per share).

Transaction Details

• Filer: Hai Ling (Officer)
• Shares Proposed for Sale: 4,318 common shares
• Gross Value: $2,744,952.60
• Acquisition Method: Acquired on October 30, 2026, via exercise of stock options paid in cash.
• Broker: Morgan Stanley Smith Barney LLC
• Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2025.

Recent Trading Activity

Hai Ling previously executed a sale under a 10b5-1 plan on October 16, 2026, selling 4,317 shares for total gross proceeds of $2,676,540.00.

Significance Assessment

The filing has low market impact potential. The transaction represents a routine stock option exercise and pre-scheduled sale pursuant to a Rule 10b5-1 plan adopted almost a year prior, comprising an immaterial fraction of Mastercard's 864,657,109 outstanding shares.