Mastercard Files 8-K on Debt Notes and Shareholder Votes
Ticker: MA · Form: 8-K · Filed: Jun 21, 2024 · CIK: 1141391
| Field | Detail |
|---|---|
| Company | Mastercard Inc (MA) |
| Form Type | 8-K |
| Filed Date | Jun 21, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-issuance, corporate-governance, financial-disclosure
Related Tickers: MA
TL;DR
Mastercard dropped an 8-K detailing debt notes and shareholder votes. Check the debt maturities.
AI Summary
Mastercard Incorporated filed an 8-K on June 21, 2024, reporting on matters submitted to a vote of security holders and financial statements as of June 18, 2024. The filing includes details on various debt issuances, such as 2.1% Notes due 2027, A10 Notes due 2029, and 2.5% Notes due 2030.
Why It Matters
This filing provides transparency into Mastercard's financial structure and corporate governance, including details on outstanding debt instruments.
Risk Assessment
Risk Level: low — This is a routine filing reporting on corporate actions and financial disclosures, not indicating any immediate operational or financial distress.
Key Numbers
- 2027 — Maturity Year (2.1% Notes)
- 2029 — Maturity Year (A10 Notes)
- 2030 — Maturity Year (2.5% Notes)
Key Players & Entities
- Mastercard Incorporated (company) — Registrant
- 2.1% Notes due 2027 (dollar_amount) — Debt issuance
- A10 Notes due 2029 (dollar_amount) — Debt issuance
- 2.5% Notes due 2030 (dollar_amount) — Debt issuance
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of the vote are not provided in this excerpt.
What is the total principal amount of the debt issuances mentioned?
The excerpt lists the types of notes (2.1% Notes due 2027, A10 Notes due 2029, 2.5% Notes due 2030) but does not specify the principal amounts for each.
When was the earliest event reported in this 8-K?
The earliest event reported is June 18, 2024.
What is Mastercard's state of incorporation?
Mastercard Incorporated is incorporated in Delaware.
What is the filing date of this 8-K report?
This 8-K report was filed on June 21, 2024.
Filing Stats: 826 words · 3 min read · ~3 pages · Grade level 12.7 · Accepted 2024-06-21 08:14:36
Filing Documents
- ma-20240618.htm (8-K) — 80KB
- 0001141391-24-000121.txt ( ) — 258KB
- ma-20240618.xsd (EX-101.SCH) — 3KB
- ma-20240618_def.xml (EX-101.DEF) — 16KB
- ma-20240618_lab.xml (EX-101.LAB) — 30KB
- ma-20240618_pre.xml (EX-101.PRE) — 17KB
- ma-20240618_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. Holders of Class A common stock at the close of business on April 19, 2024 (the "Record Date") were entitled to vote at the Annual Meeting of Stockholders held June 18, 2024 (the "Annual Meeting"). A total of 827,992,996 shares of Class A common stock, constituting a quorum, were present or represented by proxy at the Annual Meeting. The votes cast with respect to the matters voted upon at the Annual Meeting are set forth below: 1. The holders of Class A common stock elected the following individuals to serve on the Board as directors for a one-year term expiring on the date of Mastercard's 2025 annual meeting of stockholders: Director For Against Abstain Broker Non-Votes Merit E. Janow 758,928,091 21,351,067 780,263 46,933,575 Candido Bracher 779,166,549 1,195,728 697,144 46,933,575 Richard K. Davis 758,901,694 21,468,261 689,466 46,933,575 Julius Genachowski 761,203,396 19,145,262 710,763 46,933,575 Choon Phong Goh 732,545,070 47,807,991 706,360 46,933,575 Oki Matsumoto 777,047,292 3,278,646 733,483 46,933,575 Michael Miebach 778,646,488 1,073,328 1,339,605 46,933,575 Youngme Moon 777,536,010 2,816,646 706,765 46,933,575 Rima Qureshi 765,627,632 12,860,678 2,571,111 46,933,575 Gabrielle Sulzberger 764,655,516 15,714,311 689,594 46,933,575 Harit Talwar 777,381,804 2,969,462 708,155 46,933,575 Lance Uggla 776,528,151 3,796,166 735,104 46,933,575 2. The holders of Class A common stock approved Mastercard's executive compensation on an advisory basis: For Against Abstain Broker Non-Votes 742,872,818 36,415,274 1,771,329 46,933,575 3. The holders of Class A common stock ratified the appointment of PricewaterhouseCoopers LLP as Mastercard's independent registered public accounting firm for 2024: For Against Abstain 779,679,292 47,410,751 902,953 4. The holders of Class A common stock did not approve the stockholder proposal requesting transparency in lobbying: For Against
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MASTERCARD INCORPORATED Date: June 21, 2024 By: /s/ Adam Zitter Adam Zitter Corporate Secretary 4