pokerbutton| Visa(V. US)Fabara Paul D sold 25,300 ordinary shares worth approximately US$7.01 million

2024-05-16

Reported on May 16pokerbutton, according to documents disclosed by the U.S. Securities and Exchange Commission (SEC) on May 15pokerbutton,$Visa (Vpokerbutton.US)$Fabara Paul D was sold at an average price per share of 277 on May 15pokerbuttonSold 25,300 common shares for $.15, with a value of approximately $7.01 million.

Photo source: SEC official website

What is a shareholding change statement?

pokerbutton| Visa(V. US)Fabara Paul D sold 25,300 ordinary shares worth approximately US.01 million

The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholdings. When an insider's shareholding changes, depending on different circumstances, a shareholding change statement needs to be submitted to the SEC within a certain period of time after the transaction ends.

Insiders include company directors and executives, as well as any shareholder who owns 10% or more of the company's outstanding shares.