Mastercard Inc — Director's Dealing 2025

Mar 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Mastercard Inc (MA)
CIK: 0001141391
Period of Report: 2025-03-01

Reporting Person: Ling Hai (President, AP, Europe, MEA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-01	Class A Common Stock	F	674	$570.22	Disposed	20802.658	Direct
2025-03-01	Class A Common Stock	A	1998	—	Acquired	22800.658	Direct
2025-03-01	Class A Common Stock	F	986	$570.22	Disposed	21814.658	Direct
2025-03-01	Class A Common Stock	A	3984	—	Acquired	25798.658	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-01	Employee Stock Option (right to buy)	$576.31	A	5911	Acquired	2035-03-01	Class A Common Stock (5911)	Direct

Footnotes

F1: Represents withholding of shares to pay tax liability incident to the vesting of restricted stock units.

F2: Reflects 56.409 shares of Class A Common Stock acquired by the reporting person in November 2024 pursuant to the company's Employee Stock Purchase Plan.

F3: Award of restricted stock units that will vest in three (3) equal annual installments beginning March 1, 2026.

F4: Represents withholding of shares to pay tax liability incident to the settlement of performance stock units that were fully earned and vested on March 1, 2024, and settled on March 1, 2025.

F5: Represents earned performance stock units granted on March 1, 2022 that contained performance-vesting requirements. The award was fully earned and vested on March 1, 2025, but will settle on March 1, 2026. The award is net withholding of shares to pay tax liability incident to the vesting of the award.

F6: The employee stock options vest in three (3) equal annual installments beginning March 1, 2026.