Mastercard Inc — Director's Dealing 2026

Feb 25, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Mastercard Inc (MA)
CIK: 0001141391
Period of Report: 2026-02-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-23	Class A Common Stock	M	4486	$90.10	Acquired	30153.707	Direct
2026-02-23	Class A Common Stock	S	241	$490.9038	Disposed	29912.707	Direct
2026-02-23	Class A Common Stock	S	360	$492.1667	Disposed	29552.707	Direct
2026-02-23	Class A Common Stock	S	610	$493.237	Disposed	28942.707	Direct
2026-02-23	Class A Common Stock	S	120	$494.0933	Disposed	28822.707	Direct
2026-02-23	Class A Common Stock	S	294	$495.1771	Disposed	28528.707	Direct
2026-02-23	Class A Common Stock	S	52	$495.995	Disposed	28476.707	Direct
2026-02-23	Class A Common Stock	S	80	$497.705	Disposed	28396.707	Direct
2026-02-23	Class A Common Stock	S	80	$500.84	Disposed	28316.707	Direct
2026-02-23	Class A Common Stock	S	120	$502.7492	Disposed	28196.707	Direct
2026-02-23	Class A Common Stock	S	440	$504.9551	Disposed	27756.707	Direct
2026-02-23	Class A Common Stock	S	512	$506.0721	Disposed	27244.707	Direct
2026-02-23	Class A Common Stock	S	454	$507.0147	Disposed	26790.707	Direct
2026-02-23	Class A Common Stock	S	200	$508.15	Disposed	26590.707	Direct
2026-02-23	Class A Common Stock	S	240	$509.5417	Disposed	26350.707	Direct
2026-02-23	Class A Common Stock	S	82	$510.9327	Disposed	26268.707	Direct
2026-02-23	Class A Common Stock	S	160	$512.22	Disposed	26108.707	Direct
2026-02-23	Class A Common Stock	S	120	$513.4267	Disposed	25988.707	Direct
2026-02-23	Class A Common Stock	S	40	$516.72	Disposed	25948.707	Direct
2026-02-23	Class A Common Stock	S	120	$519.3367	Disposed	25828.707	Direct
2026-02-23	Class A Common Stock	S	41	$520.1968	Disposed	25787.707	Direct
2026-02-23	Class A Common Stock	S	80	$521.555	Disposed	25707.707	Direct
2026-02-23	Class A Common Stock	S	40	$522.65	Disposed	25667.707	Direct
2026-02-24	Class A Common Stock	M	4485	$90.10	Acquired	30152.707	Direct
2026-02-24	Class A Common Stock	S	4485	$495.7122	Disposed	25667.707	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-23	Employee Stock Option (right to buy)	$90.10	M	4486	Disposed	2026-03-01	Class A Common Stock (4486)	Direct
2026-02-24	Employee Stock Option (right to buy)	$90.10	M	4485	Disposed	2026-03-01	Class A Common Stock (4485)	Direct

Footnotes

F1: The transaction was effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on November 29, 2024.

F2: This transaction was executed in multiple trades at prices ranging from $490.22 to $491.19. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $491.60 to $492.45. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: This transaction was executed in multiple trades at prices ranging from $492.70 to $493.66. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F5: This transaction was executed in multiple trades at prices ranging from $493.85 to $494.57. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F6: This transaction was executed in multiple trades at prices ranging from $494.85 to $495.72. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F7: This transaction was executed in multiple trades at prices ranging from $495.945 to $496.01. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F8: This transaction was executed in multiple trades at prices ranging from $497.68 to $497.73. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F9: This transaction was executed in multiple trades at prices ranging from $502.56 to $502.87. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F10: This transaction was executed in multiple trades at prices ranging from $504.48 to $505.47. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F11: This transaction was executed in multiple trades at prices ranging from $505.59 to $506.56. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F12: This transaction was executed in multiple trades at prices ranging from $506.60 to $507.48. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F13: This transaction was executed in multiple trades at prices ranging from $508.12 to $508.19. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F14: This transaction was executed in multiple trades at prices ranging from $509.19 to $509.94. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F15: This transaction was executed in multiple trades at prices ranging from $510.24 to $511.08. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F16: This transaction was executed in multiple trades at prices ranging from $511.78 to $512.69. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F17: This transaction was executed in multiple trades at prices ranging from $513.26 to $513.76. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F18: This transaction was executed in multiple trades at prices ranging from $519.04 to $519.93. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F19: This transaction was executed in multiple trades at prices ranging from $520.19 to $520.47. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F20: This transaction was executed in multiple trades at prices ranging from $521.43 to $521.68. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F21: The reporting person was awarded 13,456 employee stock options on March 1, 2016, which previously had fully vested.