Fabara Paul D's Form 4 filing
Visa Inc.V · filed Nov 21, 2025
- Accession no.
- 0001403161-25-000104
- Filed
- Nov 21, 2025
- Trade date
- Nov 19-21, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 5 non-derivative transactions and 5 derivative transactions. Open-market sales total $707.9K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Fabara Paul DCIK 0001646987 | Officer (CHIEF RISK & CLIENT SVCS OFC) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 19, 2025 | Class A Common Stock | MOption exerciseAcquired | +1,582 | –F1 | – | 27,995 | Direct | |
| Nov 19, 2025 | Class A Common Stock | MOption exerciseAcquired | +1,503 | –F2 | – | 29,498 | Direct | |
| Nov 19, 2025 | Class A Common Stock | MOption exerciseAcquired | +1,336 | –F3 | – | 30,834 | Direct | |
| Nov 19, 2025 | Class A Common Stock | FTax withholdingDisposed | −2,249 | $324.12 | −$728,945.88 | 28,585 | Direct | |
| Nov 21, 2025 | Class A Common Stock | SSaleDisposed | −2,172 | $325.93F5 | −$707,919.96 | 26,413 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 19, 2025 | Class A Common Stock | MOption exerciseDisposed | −1,582 | –F1 | – | 0 | Direct | |
| Nov 19, 2025 | Class A Common Stock | MOption exerciseDisposed | −1,503 | –F2 | – | 1,503 | Direct | |
| Nov 19, 2025 | Class A Common Stock | MOption exerciseDisposed | −1,336 | –F3 | – | 2,672 | Direct | |
| Nov 19, 2025 | Class A Common Stock | AGrant or awardAcquired | +24,597 | $0.00 | $0 | 24,597 | Direct | |
| Nov 19, 2025 | Class A Common Stock | AGrant or awardAcquired | +5,785 | –F7 | – | 5,785 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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 three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2022.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- 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 three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2023.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F3
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 three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2024.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F5
The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $325.3800 - $327.4001, inclusive. The reporting person undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4.
Referenced by the price of 1 transaction in Table I.
- F7
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 three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2025.
Referenced by the price of 1 transaction in Table II.