Mastercard Foundation Updates Mastercard Inc. Stock Holdings

TL;DR

**Mastercard Foundation just updated its stake in Mastercard Inc., showing continued significant ownership.**

AI Summary

The Mastercard Foundation filed an Amendment No. 12 to its SC 13G filing on February 12, 2024, indicating its ownership of Mastercard Inc. Class A common stock as of December 31, 2023. This filing, under Rule 13d-1(c), updates their previous disclosures. For investors, this matters because the Mastercard Foundation is a significant, long-term holder of Mastercard stock, and changes in their holdings can signal their confidence in the company's future performance or strategic direction.

Why It Matters

This filing provides transparency into the Mastercard Foundation's continued significant ownership in Mastercard Inc., which can influence market perception and stability of the stock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a long-term holder, indicating no immediate significant risk or change in company fundamentals.

Analyst Insight

An investor should note that the Mastercard Foundation remains a significant, long-term holder of Mastercard Inc. stock, which generally indicates stability. No immediate action is suggested by this routine amendment, but it's a data point for understanding major shareholder positions.

Key Players & Entities

• Mastercard Foundation (company) — the entity filing the SC 13G/A, reporting its ownership of Mastercard Inc. Class A common stock
• Mastercard Inc. (company) — the issuer of the Class A common stock being reported on
• December 31, 2023 (date) — the date of the event which required the filing of this statement
• February 12, 2024 (date) — the filing date of the SC 13G/A
• Amendment No. 12 (number) — the specific amendment number to the Schedule 13G

FAQ

Filing Documents

• ff3013392_13ga12-mastercard.htm (SC 13G/A) — 59KB
• 0000895345-24-000040.txt ( ) — 60KB

(a)

Item 1(a). Name of Issuer: Mastercard Incorporated

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: 2000 Purchase Street Purchase, New York 10577

(a)

Item 2(a). Name of Person Filing: Mastercard Foundation

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: Mastercard Foundation 250 Yonge Street, Suite 2400 Toronto Ontario M5B 2L7 Canada

(c)

Item 2(c). Citizenship: Mastercard Foundation is incorporated under the laws of Canada.

(d)

Item 2(d). Title of Class of Securities: Class A common stock

(e)

Item 2(e). CUSIP Number: 57636Q 10 4 Item 3. Not applicable. Item 4. (a) Amount beneficially owned: 97,543,508 (1) (b) Percent of class: 10.5% (2) (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 97,543,508 (1) (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 97,543,508 (1) (iv) Shared power to dispose or to direct the disposition of: 0 (1) As of December 31, 2023. (2) Based on the number of shares outstanding of Mastercard Incorporated's Class A common stock as of October 23, 2023, which was the most recent publicly available information prior to December 31, 2023. Item 5. Not Applicable. Item 6. Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable. Item 8. Identification and Classification of Members of the Group. Not Applicable. Item 9. Notice of Dissolution of Group. Not Applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 12, 2024 Mastercard Foundation By: /s/ Litsa Popowich Name: Litsa Popowich Title: Global Controller

View Full Filing

View this SC 13G/A filing on SEC EDGAR