The cluster is too small relative to Mastercard's $515B market cap to have any directional signal. The 100% T+20 historical win rate for prior MA reports suggests the stock's drift has been positive irrespective of filing content. Ignore this cluster — it is routine liquidity management by executives.
Price Chart
Executive Summary
Two C-suite insiders (Chief Business Officer and Chief Services Officer) at Mastercard sold a combined $2.46M in open-market sales over a 3-day window. The total represents ~0.0005% of Mastercard's $515B market cap, making the dollar amount economically trivial. These are likely routine liquidity-driven sales consistent with the company's consistent insider selling pattern (9 sells totaling $6.0M in the past 30 days) and the strong positive historical performance context.
Key Financial Metrics
Key Facts
- Sachin J. Mehra (Chief Business Officer) sold 3,266 shares at $584 on 9/2, totaling $1.91M.
- Kirkpatrick Linda Pistecchia (Chief Services Officer) sold 923 shares at $593.54 on 8/31, totaling $548K.
- Total insider sales in this cluster: $2.46M, representing 0.0005% of Mastercard's $515B market cap.
- All transactions are open-market sales (code S); no open-market purchases in the cluster.
- Cluster occurred during a period of zero stock price volatility (-0.41% on filing date).
Financial Impact
$2.46M in insider sales, equivalent to 0.0005% of market cap — trivial economic magnitude
Risk Factors
- No material risk from cluster size; small insider sales are routine for a mega-cap company.
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-1788505565235 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | Insider Cluster | $585.71 $569.19 | ▼ −2.82% | ▼ −1.67% | $550.00 (−6.10%) |
Aug 20, 2026 6w ago | Insider Cluster | $580.63 $593.50 | ▲ +2.22% | ▲ +1.74% | $550.00 (−5.28%) |
Aug 6, 2026 8w ago | Insider Cluster | $574.24 $567.04 | ▼ −1.25% | ▼ −2.47% | $550.00 (−4.22%) |
Aug 5, 2026 8w ago | Insider Cluster | $570.48 $559.73 | ▼ −1.88% | ▼ −2.24% | $550.00 (−3.59%) |
Jul 30, 2026 9w ago | 8-K | $577.35 $575.95 | ▼ −0.24% | ▼ −3.87% | $550.00 (−4.74%) |
Jul 15, 2026 11w ago | Insider Cluster | $551.54 $530.29 | ▼ −3.85% | ▼ −2.18% | $550.00 (−0.28%) |
Jul 8, 2026 12w ago | ANALYST-UPGRADE | $519.86 $538.02 | ▲ +3.49% | ▲ +2.63% | $550.00 (+5.80%) |
Jul 8, 2026 12w ago | Insider Cluster | $519.86 $538.02 | ▲ +3.49% | ▲ +2.63% | $550.00 (+5.80%) |
Jul 2, 2026 13w ago | Insider Cluster | $539.39 $523.20 | ▼ −3.00% | ▼ −3.93% | $550.00 (+1.97%) |
Jun 30, 2026 13w ago | ANALYST-UPGRADE | $513.60 $533.10 | ▲ +3.80% | ▲ +3.19% | $550.00 (+7.09%) |
US Market Status
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