Taneja Rajat 4

What Happened

• Rajat Taneja, President, Technology at Visa, had 35,537 performance-based equity units convert to common shares on Feb 15, 2026. To satisfy tax withholding, 17,610 shares were disposed at $314.08 each for proceeds of $5,530,949. The remaining 17,927 shares (35,537 − 17,610) appear to have been retained from this settlement.

Key Details

• Transaction date: February 15, 2026; Form 4 filed: February 18, 2026 (filed shortly after the transactions).
• Withholding/sale: 17,610 shares sold at $314.08 for $5,530,949 to cover tax liability (transaction code F).
• Award and conversion: 35,537 performance shares were granted/converted (codes A and M). Footnote F2 says these were performance shares earned from a Feb 15, 2023 award based on a 3‑year performance period; F1 notes restricted stock units represent rights to one share (or cash equivalent).
• Resulting net shares from this award: 17,927 retained (calculated from reported award and withholding). The filing does not state total Visa shares the insider owns after this transaction beyond this award settlement.

Context

• This was a routine settlement of performance-based equity and a tax-withholding disposition (a cashless-style settlement), not an open-market investment sale. Such withholdings are common when awards vest and do not necessarily signal a change in insider sentiment.