Insider trade

Officer sold ~$118K of MA shares in the open market

Traded Feb 23, 2026 · Filed Feb 25, 2026

~$118K
Reported value · 241 sh @ $490.9038: 30K
Holds after · shares reported: +10.9%
stock since the trade · S&P 500 +12.0%, $496.03 → $550.00 on Oct 1

Why it stands out

Mastercard's President, AP, Europe, MEA sold $118K of Mastercard 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: Feb 23, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 25, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$118,308

Shares × reported transaction price

Timing vs results

25 days after results of Jan 29, 2026, 66 days before results of Apr 30, 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 $496.03 on Feb 23, 2026, within 4% of its 52-week low, after a 14% drop over the previous 30 trading days

52-week range $479.92 (Apr 8, 2025) to $598.96 (Aug 22, 2025), 14% of the way up, from 251 adjusted closes. 30 trading days earlier: $580.07 on Jan 8, 2026. 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

After it was reported

After	Stock	S&P 500	Difference
7 days	+1.9%	-1.2%	+3.1%
30 days	-4.0%	-8.3%	+4.3%
90 days	-3.8%	+8.9%	-12.7%
180 days	+16.4%	+11.1%	+5.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001141391-26-000016
Filed / recorded: Feb 25, 2026, 9:06 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Mastercard Inc
Issuer CIK: 1141391
Ticker: MA
Reporting person: Hai Ling
Relationship: Officer
Officer title: President, AP, Europe, MEA
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 23, 2026
Transaction code: S
Shares / units: 241
Price per share: $490.9038
Acquired / disposed: Disposed (D)
Shares owned after: 29,912.707
Ownership form: Direct
Amendment: No

Footnotes from the filing

The transaction was effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on November 29, 2024.
This transaction was executed in multiple trades at prices ranging from $490.22 to $491.19. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.