Arkell Sandra A 4

What Happened
Sandra A. Arkell, Controller of Mastercard Inc. (MA), sold a total of 400 shares in two open-market transactions: 200 shares on July 6, 2026 at $540.00 each ($108,000) and 200 shares on July 7, 2026 at $540.00 each ($108,000), for aggregate proceeds of $216,000. These were disposals (sales), not purchases.

Key Details

• Transaction dates & prices: 2026-07-06 — 200 shares @ $540.00 ($108,000); 2026-07-07 — 200 shares @ $540.00 ($108,000).
• Total shares sold: 400; total value: $216,000.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote F1: Trades were effected under a pre-planned trading plan adopted Feb 9, 2026 in accordance with Rule 10b5-1 (personal financial management).
• Footnote F2: The filing also reflects 45.958 shares acquired in May 2026 via Mastercard’s Employee Stock Purchase Plan (ESPP).
• Filing: Report filed July 8, 2026 covering transactions on July 6–7, 2026.

Context
These sales were executed under a 10b5-1 plan, which typically means the trades were prearranged and routine for personal financial management; such sales are generally less indicative of the insider’s current view of the company than ad-hoc sales. No options were exercised and no gifts or tax-withholdings are noted in the provided details.