This cluster is routine and non-informative. The CTO's sales follow a derivative exercise and are typical of post-vesting diversification. No actionable signal for traders. Monitor next quarterly filing for any change in insider sentiment.
Price Chart
Executive Summary
Two Mastercard insiders, including the President & CTO, sold a total of ~$1.09M in open-market sales over a 7-day window. The CTO's sales follow a large derivative exercise and are part of a routine pattern, while the Controller's sales are small. At a $475B market cap, the total value is negligible (0.0002%), making this cluster trivial and non-informative.
Key Financial Metrics
Key Facts
- President & CTO Edward Grunde McLaughlin sold 19,800 shares via open-market sales totaling ~$10.6M on July 15, 2026, following the exercise of 19,800 derivative shares (non-cash) and a cash exercise of 19,800 shares at $227.25.
- Controller Sandra A Arkell sold 344 shares total ($186K) across July 14-15, 2026.
- Total open-market sales value: ~$1.09M (0.0002% of $475.4B market cap).
- The CTO's sales are consistent with a routine post-exercise diversification pattern (multiple small lots at varying prices).
- No insider buying activity in the cluster.
Financial Impact
Total insider sales of ~$1.09M represent 0.0002% of Mastercard's $475.4B market cap — immaterial.
Risk Factors
- No material risk identified from this cluster.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MA-1784185300764 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | Insider Cluster | $585.71 $569.19 | ▼ −2.82% | ▼ −1.67% | $548.07 (−6.43%) |
Aug 20, 2026 6w ago | Insider Cluster | $580.63 $593.50 | ▲ +2.22% | ▲ +1.74% | $548.07 (−5.61%) |
Aug 6, 2026 8w ago | Insider Cluster | $574.24 $567.04 | ▼ −1.25% | ▼ −2.47% | $548.07 (−4.56%) |
Aug 5, 2026 8w ago | Insider Cluster | $570.48 $559.73 | ▼ −1.88% | ▼ −2.24% | $548.07 (−3.93%) |
Jul 30, 2026 9w ago | 8-K | $577.35 $575.95 | ▼ −0.24% | ▼ −3.87% | $548.07 (−5.07%) |
Jul 15, 2026 11w ago | Insider Cluster | $551.54 $530.29 | ▼ −3.85% | ▼ −2.18% | $548.07 (−0.63%) |
Jul 8, 2026 12w ago | ANALYST-UPGRADE | $519.86 $538.02 | ▲ +3.49% | ▲ +2.63% | $548.07 (+5.43%) |
Jul 8, 2026 12w ago | Insider Cluster | $519.86 $538.02 | ▲ +3.49% | ▲ +2.63% | $548.07 (+5.43%) |
Jul 2, 2026 13w ago | Insider Cluster | $539.39 $523.20 | ▼ −3.00% | ▼ −3.93% | $548.07 (+1.61%) |
Jun 30, 2026 13w ago | ANALYST-UPGRADE | $513.60 $533.10 | ▲ +3.80% | ▲ +3.19% | $548.07 (+6.71%) |
US Market Status
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