Mastercard Incorporated officer Hai Ling filed a Form 144 notice of proposed sale of securities with the SEC on November 2, 2026, covering 4,317 shares of Mastercard common stock acquired through the exercise of stock options.

Key Highlights

  • Proposed sale: Hai Ling, an officer of Mastercard Incorporated, proposes to sell 4,317 shares of Mastercard common stock.
  • Aggregate market value: The proposed shares carry an aggregate market value of $2,754,289.17, according to the filing.
  • Acquisition method: The 4,317 shares were acquired on November 2, 2026, through the exercise of stock options granted by the issuer, with cash payment on the same date.
  • Trading plan: The sale is made pursuant to a Rule 10b5-1 plan adopted on December 10, 2025, as disclosed in the filing.
  • Broker: Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004, is named as the broker for the proposed sale on NYSE.
  • Shares outstanding: The filing states 864,657,109 shares of Mastercard common stock were outstanding at the time of the notice.
  • Recent prior sales: The filing discloses two prior sales under the same Rule 10b5-1 plan: 4,318 shares sold on October 30, 2026, for gross proceeds of $2,774,012.74, and 4,317 shares sold on October 16, 2026, for gross proceeds of $2,676,540.00.

Hai Ling's Proposed Mastercard Share Sale Under Rule 10b5-1 Plan

According to the Form 144 filed with the SEC, Hai Ling, identified as an officer of Mastercard Incorporated (NYSE:MA), has provided notice of a proposed sale of 4,317 shares of the company's common stock. The filing lists the approximate date of sale as November 2, 2026, with the transaction to be executed on the New York Stock Exchange through Morgan Stanley Smith Barney LLC Executive Financial Services. The aggregate market value of the shares to be sold is reported as $2,754,289.17.

The filing discloses that the shares were acquired on November 2, 2026, via the exercise of stock options from the issuer, with cash payment made on the same date. The notice indicates reliance on a Rule 10b5-1 written trading plan, with the plan adoption date stated as December 10, 2025. By signing the form with that date indicated, Hai Ling represents, as of the plan adoption date, that he did not know any material adverse information regarding the current and prospective operations of Mastercard that had not been publicly disclosed, as stated in the filing's attestation language.

The filing also provides a three-month sales history for Hai Ling. Two prior sales of Mastercard common stock are reported: 4,318 shares sold on October 30, 2026, generating gross proceeds of $2,774,012.74, and 4,317 shares sold on October 16, 2026, generating gross proceeds of $2,676,540.00. Both prior sales are listed as 10b5-1 sales. Mastercard's issuer address is listed as 2000 Purchase Street, Purchase, New York, and its SEC file number is 001-32877, according to the filing.

What Was Disclosed

Mastercard officer Hai Ling filed a Form 144 on November 2, 2026, disclosing a proposed sale of 4,317 common shares with an aggregate market value of $2,754,289.17, acquired through stock option exercise, under a Rule 10b5-1 plan adopted December 10, 2025.