Ronald E Garrow — SEC Insider Profile, Roles & Companies

Insider at

MA selling April 15, 2016

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 28 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

28 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
April 15, 2016	MA	M	5,784	·	·	23,136 Direct	-20.00%	Disposed	(price as of 2026-10-02)
April 15, 2016	MA	S 10b5-1	5,784	$97.00	$561,048	8,602 Direct	-40.21%	Disposed	469.3% (price as of 2026-10-02)
April 15, 2016	MA	M	5,784	$90.13	$521,312	14,386 Direct	+67.24%	Acquired	512.7% (price as of 2026-10-02)
April 4, 2016	MA	M	4,374	·	·	8,748 Direct	-33.33%	Disposed	(price as of 2026-10-02)
April 4, 2016	MA	M	3,550	·	·	3,550 Direct	-50.00%	Disposed	(price as of 2026-10-02)
April 4, 2016	MA	M	2,110	·	·	0 Direct	-100.00%	Disposed	(price as of 2026-10-02)
April 4, 2016	MA	M	4,374	·	·	8,746 Direct	+100.05%	Acquired	(price as of 2026-10-02)
April 4, 2016	MA	M	3,550	·	·	3,550 Direct	·	Acquired	(price as of 2026-10-02)
April 4, 2016	MA	M	2,110	·	·	0 Direct	·	Acquired	(price as of 2026-10-02)
April 4, 2016	MA	S 10b5-1	10,034	$95.75	$960,756	8,602 Direct	-53.84%	Disposed	476.8% (price as of 2026-10-02)
April 4, 2016	MA	M	4,374	$77.72	$339,947	18,636 Direct	+30.67%	Acquired	610.6% (price as of 2026-10-02)
April 4, 2016	MA	M	3,550	$51.83	$183,996	14,262 Direct	+33.14%	Acquired	965.5% (price as of 2026-10-02)
April 4, 2016	MA	M	2,110	$42.04	$88,704	10,712 Direct	+24.53%	Acquired	1213.7% (price as of 2026-10-02)
March 1, 2016	MA	A	26,912	·	·	26,912 Direct	·	Acquired	(price as of 2026-10-02)
Feb. 29, 2016	MA	F	1,250	$87.88	$109,850	8,602 Direct	-12.69%	Disposed	528.4% (price as of 2026-10-02)
March 2, 2015	MA	M	4,374	·	·	13,122 Direct	-25.00%	Disposed	(price as of 2026-10-02)
March 2, 2015	MA	M	3,550	·	·	7,100 Direct	-33.33%	Disposed	(price as of 2026-10-02)
March 2, 2015	MA	M	2,110	·	·	2,110 Direct	-50.00%	Disposed	(price as of 2026-10-02)
March 2, 2015	MA	S	10,034	$90.00	$903,060	9,852 Direct	-50.46%	Disposed	513.6% (price as of 2026-10-02)
March 2, 2015	MA	M	2,110	$42.04	$88,704	19,886 Direct	+11.87%	Acquired	1213.7% (price as of 2026-10-02)
March 2, 2015	MA	M	3,550	$51.83	$183,996	17,776 Direct	+24.95%	Acquired	965.5% (price as of 2026-10-02)
March 2, 2015	MA	M	4,374	$77.72	$339,947	14,226 Direct	+44.40%	Acquired	610.6% (price as of 2026-10-02)
March 1, 2015	MA	A	28,920	·	·	28,920 Direct	·	Acquired	(price as of 2026-10-02)
March 1, 2015	MA	F	1,102	$90.82	$100,084	9,852 Direct	-10.06%	Disposed	508.1% (price as of 2026-10-02)
Oct. 30, 2014	MA	M	3,550	·	·	10,650 Direct	-25.00%	Disposed	(price as of 2026-10-02)
Oct. 30, 2014	MA	M	4,220	·	·	4,220 Direct	-50.00%	Disposed	(price as of 2026-10-02)
Oct. 30, 2014	MA	S 10b5-1	7,770	$80.00	$621,600	10,954 Direct	-41.50%	Disposed	590.3% (price as of 2026-10-02)
Oct. 30, 2014	MA	M	3,550	$51.83	$183,996	18,724 Direct	+23.40%	Acquired	965.5% (price as of 2026-10-02)
Oct. 30, 2014	MA	M	4,220	$42.04	$177,409	15,174 Direct	+38.52%	Acquired	1213.7% (price as of 2026-10-02)
March 1, 2014	MA	A	17,496	·	·	17,496 Direct	·	Acquired	(price as of 2026-10-02)
Feb. 28, 2014	MA	F	2,696	$77.81	$209,776	10,954 Direct	-19.75%	Disposed	609.8% (price as of 2026-10-02)
April 8, 2013	MA	D	546	$530.69	$289,757	1,365 Direct	-28.57%	Disposed	940.6% (price as of 2026-10-02)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II) Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
April 15, 2016	MA	Employee Stock Option (right to buy)	Class A Common Stock (5,784)	$90.13	March 1, 2025	5,784	Disposed
April 4, 2016	MA	Employee Stock Option (right to buy)	Class A Common Stock (4,374)	$77.72	March 1, 2024	4,374	Disposed
April 4, 2016	MA	Employee Stock Option (right to buy)	Class A Common Stock (3,550)	$51.83	March 1, 2023	3,550	Disposed
April 4, 2016	MA	Employee Stock Option (right to buy)	Class A Common Stock (2,110)	$42.04	March 1, 2022	2,110	Disposed
April 4, 2016	MA	Employee Stock Option (right to buy)	Class A Common Stock (4,374)	$77.72	March 1, 2024	4,374	Acquired
April 4, 2016	MA	Employee Stock Option (right to buy)	Class A Common Stock (3,550)	$51.83	March 1, 2023	3,550	Acquired
April 4, 2016	MA	Employee Stock Option (right to buy)	Class A Common Stock (2,110)	$42.04	March 1, 2022	2,110	Acquired
March 1, 2016	MA	Employee Stock Option (right to buy)	Class A Common Stock (26,912)	$90.10	March 1, 2026	26,912	Acquired
March 2, 2015	MA	Employee Stock Option (right to buy)	Class A Common Stock (4,374)	$77.72	March 1, 2024	4,374	Disposed
March 2, 2015	MA	Employee Stock Option (right to buy)	Class A Common Stock (3,550)	$51.83	March 1, 2023	3,550	Disposed
March 2, 2015	MA	Employee Stock Option (right to buy)	Class A Common Stock (2,110)	$42.04	March 1, 2022	2,110	Disposed
March 1, 2015	MA	Employee Stock Option (right to buy)	Class A Common Stock (28,920)	$90.13	March 1, 2025	28,920	Acquired
Oct. 30, 2014	MA	Employee Stock Option (right to buy)	Class A Common Stock (3,550)	$51.83	March 1, 2023	3,550	Disposed
Oct. 30, 2014	MA	Employee Stock Option (right to buy)	Class A Common Stock (4,220)	·	March 1, 2022	4,220	Disposed
March 1, 2014	MA	Employee Stock Option (right to buy)	Class A Common Stock (17,496)	$77.72	March 1, 2024	17,496	Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 3 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
April 2, 2013	MA	Class A Common Stock	1,911	Direct
April 2, 2013	MA	Employee Stock Option (right to buy)→ Class A Common Stock (844)	844	Direct
April 2, 2013	MA	Employee Stock Option (right to buy)→ Class A Common Stock (1,420)	1,420	Direct