Visa Inc. Chief Executive Officer Ryan McInerney filed a Form 4 on November 3, 2026, disclosing the exercise of stock options and a same-day sale of Class A Common Stock on November 2, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Option exercise: McInerney acquired 5,875 shares of Class A Common Stock via exercise of employee stock options at a conversion price of $134.76 per share on November 2, 2026.
  • Same-day sale: McInerney disposed of 5,875 shares at $416.22 per share on November 2, 2026.
  • Direct holdings after transactions: McInerney directly held 15,174 shares of Class A Common Stock following the reported transactions.
  • Indirect holdings: An additional 265,168 shares are held indirectly through the Ryan and Angela McInerney Trust.
  • Remaining options: McInerney held 46,999 employee stock options following the transaction, with an expiration date of November 19, 2028.
  • 10b5-1 plan: The transactions were made pursuant to a Rule 10b5-1 trading plan dated May 22, 2026, adopted by the reporting person.

McInerney Option Exercise and Share Sale at Visa on November 2, 2026

According to the Form 4 filed with the SEC, Ryan McInerney, who serves as both a Director and Chief Executive Officer of Visa Inc. (NYSE:V), reported two transactions in the company's Class A Common Stock on November 2, 2026. The filing indicates that McInerney exercised employee stock options (transaction code M) to acquire 5,875 shares at the option exercise price of $134.76 per share, and subsequently sold (transaction code S) those same 5,875 shares at $416.22 per share.

The filing states that both transactions were carried out pursuant to a Rule 10b5-1 trading plan that McInerney adopted on May 22, 2026. The options exercised were originally granted on November 19, 2018, and according to the filing, they "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." The options carried an expiration date of November 19, 2028.

Following these transactions, McInerney directly held 15,174 shares of Class A Common Stock, down from 21,049 shares before the sale. The filing also discloses that 265,168 shares are held indirectly through the Ryan and Angela McInerney Trust. After the option exercise and sale, McInerney retained 46,999 employee stock options on a direct basis. The Form 4 was signed by Sue Choi as Attorney-In-Fact on November 3, 2026.

What Was Disclosed

The filing reports a Rule 10b5-1 plan-driven exercise of 5,875 stock options at $134.76 and a same-day sale of 5,875 shares at $416.22 by Visa's CEO on November 2, 2026, leaving him with 15,174 directly held shares and 46,999 remaining options.