Qureshi Rima 4
Research Summary
AI-generated summary
Mastercard (MA) Director Rima Qureshi Gifts 12,083 Shares
What Happened
Rima Qureshi, a director of Mastercard Inc. (MA), reported a gift transfer on 2026-02-05 involving 12,083 shares. The Form 4 shows matching entries for a disposal and an acquisition of 12,083 shares at $0.00, indicating the shares were moved (gifted) rather than sold for cash.
Key Details
- Transaction date: 2026-02-05; transaction code: G (Gift). Report filed 2026-02-06.
- Reported price: $0.00 for both the disposal and acquisition (standard for gift transfers).
- Quantity: 12,083 shares disposed and 12,083 shares acquired (net effect: internal transfer).
- Footnote F1: transaction was part of routine personal financial management.
- Footnote F2: the acquired shares are directly held by a company solely owned and controlled by Ms. Qureshi.
- Filing timeliness: filed the next day (no late-filing indication in the filing).
Context
Gifts are transfers of ownership and do not reflect a market purchase or sale; they generally do not signal a buy/sell decision about the company. The paired disposal and acquisition entries suggest an internal transfer of shares into a wholly owned entity rather than a change in overall beneficial ownership.