A Form 4 filed with the SEC on August 24, 2026 discloses that Ryan McInerney, Chief Executive Officer and Director of Visa Inc. (NYSE:V), exercised stock options and sold 5,875 shares of Class A Common Stock on August 21, 2026 pursuant to a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Option exercise: McInerney acquired 5,875 shares of Class A Common Stock via an employee stock option exercise (transaction code M) at a conversion price of $134.76 per share on August 21, 2026.
  • Share sale: The same 5,875 shares were disposed of (transaction code S) at $367.87 per share on August 21, 2026.
  • Direct holdings after transactions: McInerney directly holds 15,174 shares of Class A Common Stock following the reported transactions.
  • Indirect holdings: An additional 265,168 shares are held indirectly through the Ryan and Angela McInerney Trust.
  • Remaining options: McInerney retains 64,624 employee stock options (right to buy) directly, with an exercise price of $134.76 and an expiration date of November 19, 2028.
  • Trading plan: The transactions were made pursuant to a Rule 10b5-1 trading plan dated May 22, 2026, adopted by the reporting person.

Details of McInerney's Option Exercise and Share Disposal at Visa Inc.

According to the filing, McInerney exercised employee stock options originally granted on November 19, 2018, covering 5,875 shares of Visa Class A Common Stock at an exercise price of $134.76 per share. The filing notes that those options vest in three equal installments on each of the first three anniversaries of the grant date, "subject to earlier vesting in full in limited circumstances as specified in the award agreement." The sale of the resulting 5,875 shares was executed at $367.87 per share on the same date, August 21, 2026.

The filing discloses that both the option exercise and the subsequent sale were carried out under a Rule 10b5-1 trading plan that McInerney adopted on May 22, 2026. Following the transactions, the filing reports McInerney's direct beneficial ownership at 15,174 shares of Class A Common Stock, down from 21,049 shares prior to the sale. An additional 265,168 shares are reported as indirectly owned through the Ryan and Angela McInerney Trust.

On the derivative securities side, the filing shows McInerney retains 64,624 employee stock options (right to buy) held directly, with an exercise price of $134.76 and an expiration date of November 19, 2028. The price of the derivative security at exercise is reported as $0. The Form 4 was signed by Sue Choi as Attorney-In-Fact on August 24, 2026.

What Was Disclosed

Visa Inc.'s CEO Ryan McInerney reported the exercise of 5,875 employee stock options and the same-day sale of 5,875 Class A Common Stock shares on August 21, 2026, both conducted under a pre-established Rule 10b5-1 plan adopted May 22, 2026.