Insider trade

Officer sold ~$2.5M of V shares in the open market

Traded Dec 2, 2025 · Filed Dec 2, 2025

VisaV

~$2.5M
Reported value · 7,556 sh @ $331.45: 26K
Holds after · shares reported: +9.2%
stock since the trade · S&P 500 +12.1%, $329.62 → $359.85 on Oct 1

Why it stands out

Visa's CHIEF RISK & CLIENT SVCS OFC sold $2.5M of Visa shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 2, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 2, 2025

Officer$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,504,436

Shares × reported transaction price

Timing vs results

35 days after results of Oct 28, 2025, 58 days before results of Jan 29, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $329.62 on Dec 2, 2025, 7% above its 52-week low and 12% below its high, after a 4% drop over the previous 30 trading days

52-week range $306.92 (Jan 13, 2025) to $373.31 (Jun 11, 2025), 34% of the way up, from 250 adjusted closes. 30 trading days earlier: $344.41 on Oct 20, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Nov 20, 2024 in the U.S. District Court, N.D. California. A filing is an allegation, not a finding.

Cai v. Visa Inc., docket 5:24-cv-08220, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-1.2%	+0.5%	-1.7%
30 days	+5.1%	-0.1%	+5.2%
90 days	-2.7%	-0.5%	-2.1%
180 days	-2.1%	+10.9%	-13.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001403161-25-000123
Filed / recorded: Dec 2, 2025, 9:23 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: VISA INC.
Issuer CIK: 1403161
Ticker: V
Reporting person: Paul D Fabara
Relationship: Officer
Officer title: CHIEF RISK & CLIENT SVCS OFC
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 2, 2025
Transaction code: S
Shares / units: 7,556
Price per share: $331.45
Acquired / disposed: Disposed (D)
Shares owned after: 26,413
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was made pursuant to a Rule 10b5-1 trading plan dated December 13, 2024 adopted by the reporting person.

Around the same time

10mo ago

2,027Shares · @ $109.82

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

Officer sold ~$699K of Visa

Scheduled in advance10mo ago

10mo ago

2,027Derivative units

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record