Rajat Taneja, President of Technology at Visa Inc., filed a Form 4 on November 3, 2026, disclosing the exercise of 34,418 employee stock options and the same-day sale of 34,418 shares of Class A Common Stock on November 2, 2026.

Key Highlights

  • Option exercise: Taneja exercised 34,418 employee stock options at an exercise price of $109.82 per share on November 2, 2026.
  • Shares sold: 34,418 shares of Class A Common Stock were disposed of at a weighted average price of $425.4286, in multiple transactions ranging from $425.1850 to $425.6200.
  • Remaining direct ownership: Following the transactions, Taneja directly beneficially owns 232,112 shares of Class A Common Stock.
  • Remaining options: 34,417 employee stock options remain beneficially owned following the reported transaction.
  • Option grant date: The exercised options were originally granted on November 19, 2017, with an expiration date of November 19, 2027.
  • Issuer: Visa Inc., listed on NYSE:V.

Taneja's November 2026 Option Exercise and Share Sale at Visa Inc.

According to the filing, Rajat Taneja, who serves as President of Technology at Visa Inc. (NYSE:V), executed two related transactions on November 2, 2026. First, he acquired 34,418 shares of Class A Common Stock through the exercise of employee stock options, with an exercise price of $109.82 per share. This brought his directly held beneficial ownership to 266,530 shares before the subsequent disposal.

The filing further discloses that Taneja disposed of the same 34,418 shares on November 2, 2026. The price reported is a weighted average of $425.4286, covering multiple transactions executed at prices ranging from $425.1850 to $425.6200 per share, inclusive. The filing states that Taneja "undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4." After this disposal, his direct beneficial ownership stood at 232,112 shares.

Regarding the underlying options, the filing notes that the grant was made on November 19, 2017, and that options "vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement." Following the exercise of 34,418 options (transaction code M), 34,417 employee stock options remain directly held by Taneja, with an expiration date of November 19, 2027. The Form 4 was signed by Sue Choi as Attorney-In-Fact on November 3, 2026.

What Was Disclosed

Taneja's Form 4 disclosed the exercise of 34,418 Visa stock options at $109.82 per share and the same-day sale of the resulting shares at a weighted average price of $425.4286, leaving him with 232,112 directly held shares and 34,417 remaining options.