Rendle Linda J 4

What Happened Linda J. Rendle, a director of Visa Inc. (V), received an award of 861 restricted stock units (RSUs) on January 27, 2026. The transaction is reported as an award/grant (code A) of derivative securities; no per-share price or immediate cash value is listed because these RSUs will convert to one share each (or cash equivalent) at a later date as described in the award terms. This is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-27; filing date: 2026-01-28 (timely filing).
• Transaction type/code: Award/Grant (A); derivative security (RSUs).
• Shares awarded: 861 RSUs. Price/value: N/A on the Form 4 (settlement in stock or cash later).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Each RSU will be settled as one share of Visa common stock (or the cash value) on a future date selected by the director or after retirement/termination, with limited earlier settlement conditions per the award agreement (see footnote F1).
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing in this report.

Context RSU grants are a routine form of executive/director compensation and do not represent an immediate purchase or sale of shares by the insider. They generally align the director’s interests with shareholders over time but should not be interpreted alone as a buy/sell signal.