Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-15

Mastercard Inc (MA)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$35,422,518
Michael Miebach total, FY2025
56th
CEO pay percentile vs peers
284:1
CEO-to-median pay ratio
94.86%
Say-on-pay support, latest vote
Companies that benchmark against MA
23 companies name MA as a compensation peer

Each company listed discloses MA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named MA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Miebach$1,375,000$0$20,711,456$4,950,009$7,957,950$0$428,103$35,422,518
President and Chief Executive Officer
Sachin Mehra820,83308,369,1182,000,0622,421,491083,95113,695,455
Chief Financial Officer
Craig Vosburg795,83307,741,3011,850,0091,815,653082,91712,285,713
Chief Services Officer
Timothy Murphy745,83306,444,1591,540,0671,576,088077,70710,383,854
Vice Chair (formerly Chief Administrative Officer)
Edward McLaughlin695,83305,021,3481,200,0371,296,422072,4978,286,137
President and CTO, Mastercard Technology
Linda Kirkpatrick695,83304,770,5811,140,0551,531,303070,5828,208,354
President, Americas

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Michael Miebach$35,422,518$30,099,482$25,746,498+5,323,036
Sachin Mehra13,695,45513,100,86310,897,845+594,592
Craig Vosburg12,285,71311,414,5078,463,116+871,206
Timothy Murphy10,383,8549,804,5088,005,840+579,346
Edward McLaughlin8,286,1376,377,790
Linda Kirkpatrick8,208,354

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Lance UgglaDirector2026-06-16A509$0$0CommonForm 4 ↗
Richard K. DavisDirector2026-06-16A50900CommonForm 4 ↗
Candido BracherDirector2026-06-16A50900CommonForm 4 ↗
Youngme MoonDirector2026-06-16A50900CommonForm 4 ↗
Merit E. JanowDirector2026-06-16A68400CommonForm 4 ↗
Harit TalwarDirector2026-06-16A50900CommonForm 4 ↗
Rima QureshiDirector2026-06-16D1,641496813,132CommonForm 4 ↗
Choon Phong GohDirector2026-06-16A50900CommonForm 4 ↗
Julius GenachowskiDirector2026-06-16A50900CommonForm 4 ↗
Oki MatsumotoDirector2026-06-16A50900CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-06-16A50900CommonForm 4 ↗
Oki MatsumotoDirector2026-06-21D9849248,260CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01A1,977290573,824CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-01A14,2601732,473,967CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01D1,9775301,047,276CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01D4,8285252,534,700CommonForm 4 ↗
Dividend-equivalent accruals2026-07-011,9771 insider, 1 accrual row
Edward McLaughlinPresident & CTO, MA Tech2026-07-01D14,2605257,489,187CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01A2,000290580,500CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01D2,00000Derivative, Class A CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-01D14,26000Derivative, Class A CommonForm 4 ↗
Sandra A. ArkellController2026-07-06D200540108,000CommonForm 4 ↗
Sandra A. ArkellController2026-07-06D200540108,000CommonForm 4 ↗
Sandra A. ArkellController2026-07-14D200540108,000CommonForm 4 ↗
Sandra A. ArkellController2026-07-14D14454077,760CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D3,4405341,836,091CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D2,5105371,347,736CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D19,80000Derivative, Class A CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D3,4315381,846,192CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D6,1595353,292,970CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15A19,8002274,499,550CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D1,9035291,007,541CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D1,108531587,986CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D16053285,060CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D1,089539586,772CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 35 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Lance UgglaDirector2026-06-16A509$0$0CommonForm 4 ↗
Richard K. DavisDirector2026-06-16A50900CommonForm 4 ↗
Candido BracherDirector2026-06-16A50900CommonForm 4 ↗
Youngme MoonDirector2026-06-16A50900CommonForm 4 ↗
Merit E. JanowDirector2026-06-16A68400CommonForm 4 ↗
Harit TalwarDirector2026-06-16A50900CommonForm 4 ↗
Rima QureshiDirector2026-06-16D1,641496813,132CommonForm 4 ↗
Choon Phong GohDirector2026-06-16A50900CommonForm 4 ↗
Julius GenachowskiDirector2026-06-16A50900CommonForm 4 ↗
Oki MatsumotoDirector2026-06-16A50900CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-06-16A50900CommonForm 4 ↗
Oki MatsumotoDirector2026-06-21D9849248,260CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01A1,977290573,824CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-01A14,2601732,473,967CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01D1,9775301,047,276CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01D4,8285252,534,700CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01D1,97700Derivative, Class A CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-01D14,2605257,489,187CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01A2,000290580,500CommonForm 4 ↗
Raj SeshadriChief Commercial Pmts Officer2026-07-01D2,00000Derivative, Class A CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-01D14,26000Derivative, Class A CommonForm 4 ↗
Sandra A. ArkellController2026-07-06D200540108,000CommonForm 4 ↗
Sandra A. ArkellController2026-07-06D200540108,000CommonForm 4 ↗
Sandra A. ArkellController2026-07-14D200540108,000CommonForm 4 ↗
Sandra A. ArkellController2026-07-14D14454077,760CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D3,4405341,836,091CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D2,5105371,347,736CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D19,80000Derivative, Class A CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D3,4315381,846,192CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D6,1595353,292,970CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15A19,8002274,499,550CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D1,9035291,007,541CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D1,108531587,986CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D16053285,060CommonForm 4 ↗
Edward McLaughlinPresident & CTO, MA Tech2026-07-15D1,089539586,772CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael MiebachRSU2025-03-018,673$4,950,201
Michael MiebachPSU2025-03-0125,76851,53615,761,255
Timothy MurphyRSU2025-03-012,6991,540,481
Linda KirkpatrickOPTION2025-03-015,9111,140,055
Sachin MehraRSU2025-03-013,5052,000,514
Timothy MurphyPSU2025-03-018,01716,0344,903,678
Timothy MurphyOPTION2025-03-017,9851,540,067
Craig VosburgOPTION2025-03-019,5921,850,009
Edward McLaughlinPSU2025-03-016,24712,4943,821,040
Craig VosburgRSU2025-03-013,2421,850,404
Linda KirkpatrickPSU2025-03-015,93511,8703,630,202
Craig VosburgPSU2025-03-019,63119,2625,890,897
Michael MiebachOPTION2025-03-0125,6654,950,009
Sachin MehraOPTION2025-03-0110,3702,000,062
Edward McLaughlinOPTION2025-03-016,2221,200,037
Edward McLaughlinRSU2025-03-012,1031,200,308
Sachin MehraPSU2025-03-0110,41220,8246,368,604
Linda KirkpatrickRSU2025-03-011,9981,140,378
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michael Miebach$4,950,201$15,761,255$4,950,00961.4%
Timothy Murphy1,540,4814,903,6781,540,06761.4%
Linda Kirkpatrick1,140,3783,630,2021,140,05561.4%
Sachin Mehra2,000,5146,368,6042,000,06261.4%
Craig Vosburg1,850,4045,890,8971,850,00961.4%
Edward McLaughlin1,200,3083,821,0401,200,03761.4%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Linda KirkpatrickRSU13,296$7,590,420
Craig VosburgRSU21,35412,190,572
Sachin MehraRSU26,52315,141,450
Michael MiebachOption10,686353.5
Sachin MehraPSU45,24625,830,036
Timothy MurphyOption3,247353.5
Craig VosburgOption5,993476.63
Michael MiebachOption18,828476.63
Craig VosburgOption3,517353.5
Edward McLaughlinOption2,597353.5
Linda KirkpatrickOption2,219353.5
Michael MiebachPSU110,07262,837,903
Timothy MurphyPSU34,28819,574,333
Michael MiebachRSU62,79635,848,980
Sachin MehraOption7,855476.63
Timothy MurphyOption5,872476.63
Linda KirkpatrickOption3,847476.63
Craig VosburgPSU41,45423,665,260
Edward McLaughlinPSU26,84615,325,844
Linda KirkpatrickPSU23,83013,604,070
Timothy MurphyRSU19,19210,956,329
Edward McLaughlinRSU15,2848,725,330
Sachin MehraOption4,599353.5
Edward McLaughlinOption4,616476.63
Craig VosburgOption1,172472.16
05

Incentive-plan design — the Compensation Discussion & Analysis

Mastercard's executive compensation program is designed to support our strategic objectives and to attract, retain and motivate our executives, who are critical to Mastercard's long-term success. Our executive compensation program is based upon and designed to address three core principles: Align the long-term interests of our executives with stockholders | Pay for performance | Pay competitively

CEO STI target (% of salary)250%
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-16701,046,39238,008,1521,848,99494.86%Passed
20252025-06-24728,151,17233,001,0132,019,99895.66%Passed
20242024-06-18742,872,81836,415,2741,771,32995.33%Passed
20232023-06-27761,556,88635,068,5141,913,78495.6%Passed
20222022-06-21770,400,43138,464,4781,438,89695.24%Passed
20212021-06-22614,808,531200,188,2122,214,82475.44%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1694.86%a
20252025-06-2495.66%b
20242024-06-1895.33%c

a. Approved under the standard stated in the filing — “2. Advisory approval of Mastercard's executive compensation A majority of votes cast by Class A stockholders must be FOR the proposal No effect on outcome No effect on outcome”.

b. Approved under the standard stated in the filing — “Abstentions by stockholders and broker non-votes are not treated as votes cast and will have no effect on the outcome of this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions by stockholders and broker non-votes are not treated as votes cast and will have no effect on the outcome of this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)284 : 1
CEO total compensation$35,422,518
Median employee compensation$124,650
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Merit E. JanowIndependent · Board Chair · Nominating and Corporate Governance (Chair) · Audit · Risk$257,500$342,881$0$0$15,000$615,381
Julius GenachowskiIndependent · Audit (Chair) · Human Resources and Compensation · Risk180,000255,3490015,000450,349
Youngme MoonIndependent · Human Resources and Compensation · Risk (Chair)158,750255,3490010,000424,099
Richard K. DavisIndependent · Human Resources and Compensation (Chair) · Nominating and Corporate Governance146,250255,349005,000406,599
Gabrielle SulzbergerIndependent · Audit · Nominating and Corporate Governance135,000255,3490015,000405,349
Choon Phong GohIndependent · Nominating and Corporate Governance · Risk135,000255,3490010,000400,349
Rima QureshiIndependent · Audit · Risk · Not standing for re-election142,500255,34900397,849
Candido BracherIndependent · Audit · Risk142,500255,34900397,849
Lance UgglaIndependent · Human Resources and Compensation · Nominating and Corporate Governance130,000255,3490010,000395,349
Harit TalwarIndependent · Audit · Human Resources and Compensation137,500255,34900392,849
Oki MatsumotoIndependent · Human Resources and Compensation116,250255,34900371,599
Michael MiebachEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$255,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)45,000 / 35,000 / 30,000
Stock ownership guideline5x annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,681,250
Equity awards (grant-date value)$2,896,371
All other compensation$80,000
Total cost of the board$4,657,621

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Mastercard Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Mastercard Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Broadcom2025Hock Tan$1,200,000$202,351,080$0$0$205,278,006
2Microsoft2025Satya Nadella2,500,00084,245,49609,555,00096,496,790
3Adobe2025Shantanu Narayen1,500,00045,376,11003,120,00051,173,935
4Salesforce2026Marc Benioff1,550,00027,265,36010,743,0973,602,58849,379,252
5American Express2025Stephen Squeri1,729,16723,486,2575,399,962046,239,805
6IBM2025Arvind Krishna1,500,00023,988,5866,606,3125,250,00037,989,685
7Intuit2025Sasan Goodarzi1,300,00024,285,3848,650,1682,600,00036,845,552
8Mastercard Inc2025Michael Miebach1,375,00020,711,4564,950,0097,957,95035,422,518
9Booking Holdings2025Glenn Fogel1,250,00026,202,27904,042,50035,418,102
10Visa2025Ryan McInerney1,505,78218,723,3065,687,5095,250,00031,560,660
11Accenture2025Julie Sweet1,550,00022,876,23204,500,00029,641,903
12PayPal Holdings2025Alex Chriss1,325,34223,365,2940025,243,486
13S&P Global2025Martina Cheung1,000,0008,978,04102,445,30012,831,062
14Discover Financial Services2023John Owen396,000670,011002,188,651
15Oracle2025Safra Catz950,0000001,113,417
16Block2025Jack Dorsey30003
Fiservnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Mastercard Inc227%PSU 60 · RSU 20 · Options 20NoFW Cook
Accenturenot disclosedPSU 73 · RSU 27NoPay Governance LLC
Adobe104%PSU 70 · RSU 30YesCompensia, Inc.
American Express181%PSU 100Yes — 3-year TSR compared to LTIA Performance Peer GroupSemler Brossy
Blocknot disclosednot disclosednot disclosedPay Governance LLC
Booking Holdings162%PSU 60 · RSU 40Yes — Relative Total Stockholder Return (rTSR)Semler Brossy
Broadcom145%PSU 100NoMeridian Compensation Partners
Discover Financial Servicesnot disclosedPSU 75 · RSU 25NoPay Governance
Fiservnot disclosednot disclosednot disclosednot disclosed
IBM150%not disclosedYes — Relative Total Shareholder Return (rTSR)Semler Brossy
Intuitnot disclosedPSU 50 · RSU 25 · Options 25Yes — Relative TSR (60th percentile target)Frederic W. Cook & Co. (FW Cook)
Microsoftnot disclosedPSA 100not disclosedPay Governance LLC
Oraclenot disclosedOptions 100NoCompensia, Inc.
PayPal Holdings98%PSU 50 · RSU 50Yes — rTSR vs S&P 500Compensia
S&P Global108.68%PSU 70 · RSU 30NoPay Governance
Salesforce103.3%PSU 67 · Options 33Yes — Relative TSRSemler Brossy
Visa140%PSU 50 · RSU 25 · Options 25Yes — Relative TSR vs. S&P 500Meridian

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Mastercard Inc in fiscal 2025?
As disclosed, Michael Miebach, serving as President and Chief Executive Officer, was the highest-paid executive at Mastercard Inc in fiscal 2025 with total compensation of $35,422,518.
How does Mastercard Inc's chief executive pay compare to its disclosed peer group?
The filing shows that Michael Miebach's pay falls at the 56th percentile of the disclosed peer group.
What is Mastercard Inc's CEO-to-median employee pay ratio?
The company reported a CEO-to-median employee pay ratio of 284:1 for fiscal 2025.
How did shareholders vote on Mastercard Inc's executive compensation?
Shareholders approved the executive compensation plan with 94.86% support in the latest vote.
How much does Mastercard Inc spend in total on board compensation for fiscal 2025?
The total board compensation for fiscal 2025 was $4,657,621.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Michael MiebachDEF 14A2026-04-270001141391-26-000021Section “Summary Compensation Table”. As printed: 35,422,518. Filing ↗machine: r3 · c54 · span 1446723–1446733
2Section 01, Sachin MehraDEF 14A2026-04-270001141391-26-000021Section “Summary Compensation Table”. As printed: 13,695,455. Filing ↗machine: r6 · c54 · span 1456497–1456507
3Section 01, Craig VosburgDEF 14A2026-04-270001141391-26-000021Section “Summary Compensation Table”. As printed: 12,285,713. Filing ↗machine: r9 · c54 · span 1465814–1465824
4Section 01, Timothy MurphyDEF 14A2026-04-270001141391-26-000021Section “Summary Compensation Table”. As printed: 10,383,854. Filing ↗machine: r12 · c54 · span 1474942–1474952
5Section 01, Edward McLaughlinDEF 14A2026-04-270001141391-26-000021Section “Summary Compensation Table”. As printed: 8,286,137. Filing ↗machine: r15 · c54 · span 1484278–1484287
6Section 01, Linda KirkpatrickDEF 14A2026-04-270001141391-26-000021Section “Summary Compensation Table”. As printed: 8,208,354. Filing ↗machine: r18 · c54 · span 1493802–1493811
7Section 03, Michael Miebach RSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r6 · c17 · span 1547104–1547109
8Section 03, Michael Miebach PSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r5 · c13 · span 1544452–1544458
9Section 03, Timothy Murphy RSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r18 · c17 · span 1578538–1578543
10Section 03, Linda Kirkpatrick OPTIONDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 2025” · grants of plan-based awards table. Filing ↗machine: t216 · r24 · c20 · span 1593746–1593751
11Section 03, Sachin Mehra RSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r10 · c17 · span 1557699–1557704
12Section 03, Timothy Murphy PSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r17 · c13 · span 1575376–1575381
13Section 03, Timothy Murphy OPTIONDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 2025” · grants of plan-based awards table. Filing ↗machine: t216 · r16 · c20 · span 1572829–1572834
14Section 03, Craig Vosburg OPTIONDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 2025” · grants of plan-based awards table. Filing ↗machine: t216 · r12 · c20 · span 1562998–1563003
15Section 03, Edward McLaughlin PSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r21 · c13 · span 1586121–1586126
16Section 03, Craig Vosburg RSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r14 · c17 · span 1567939–1567944
17Section 03, Linda Kirkpatrick PSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r25 · c13 · span 1596317–1596322
18Section 03, Craig Vosburg PSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r13 · c13 · span 1565286–1565291
19Section 03, Michael Miebach OPTIONDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 2025” · grants of plan-based awards table. Filing ↗machine: t216 · r4 · c20 · span 1542165–1542171
20Section 03, Sachin Mehra OPTIONDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 2025” · grants of plan-based awards table. Filing ↗machine: t216 · r8 · c20 · span 1551988–1551994
21Section 03, Edward McLaughlin OPTIONDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 2025” · grants of plan-based awards table. Filing ↗machine: t216 · r20 · c20 · span 1583836–1583841
22Section 03, Edward McLaughlin RSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r22 · c17 · span 1588771–1588776
23Section 03, Sachin Mehra PSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r9 · c13 · span 1554536–1554542
24Section 03, Linda Kirkpatrick RSUDEF 14A2026-04-270001141391-26-000021Section “Grants of plan-based awards in 202” · grants of plan-based awards table. Filing ↗machine: t216 · r26 · c17 · span 1599519–1599524
25Section 07, pay ratioDEF 14A2026-04-270001141391-26-000021Section “CEO Pay Ratio”. As printed: 284 : 1. Filing ↗machine: span 2101560–2101568
26Section 08, Merit E. JanowDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 615,381. Filing ↗machine: t144 · r3 · c8 · span 888624–888631
27Section 08, Julius GenachowskiDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 450,349. Filing ↗machine: t144 · r6 · c8 · span 893651–893658
28Section 08, Youngme MoonDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 424,099. Filing ↗machine: t144 · r9 · c8 · span 898670–898677
29Section 08, Richard K. DavisDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 406,599. Filing ↗machine: t144 · r5 · c8 · span 891999–892006
30Section 08, Gabrielle SulzbergerDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 405,349. Filing ↗machine: t144 · r11 · c8 · span 902047–902054
31Section 08, Choon Phong GohDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 400,349. Filing ↗machine: t144 · r7 · c8 · span 895300–895307
32Section 08, Rima QureshiDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 397,849. Filing ↗machine: t144 · r10 · c8 · span 900393–900400
33Section 08, Candido BracherDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 397,849. Filing ↗machine: t144 · r4 · c8 · span 890350–890357
34Section 08, Lance UgglaDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 395,349. Filing ↗machine: t144 · r13 · c8 · span 905721–905728
35Section 08, Harit TalwarDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 392,849. Filing ↗machine: t144 · r12 · c8 · span 903770–903777
36Section 08, Oki MatsumotoDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 371,599. Filing ↗machine: t144 · r8 · c8 · span 897024–897031
37Section 08, Michael MiebachDEF 14A2026-04-270001141391-26-000021Section “Director Compensation”. As printed: 0. Filing ↗
38Section 02, Lance Uggla 2026-06-16Form 42026-06-180001141391-26-000057Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Richard K. Davis 2026-06-16Form 42026-06-180001141391-26-000062Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Candido Bracher 2026-06-16Form 42026-06-180001141391-26-000058Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Youngme Moon 2026-06-16Form 42026-06-180001141391-26-000056Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Merit E. Janow 2026-06-16Form 42026-06-180001141391-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Harit Talwar 2026-06-16Form 42026-06-180001141391-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Rima Qureshi 2026-06-16Form 42026-06-180001141391-26-000064Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Choon Phong Goh 2026-06-16Form 42026-06-180001141391-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Julius Genachowski 2026-06-16Form 42026-06-180001141391-26-000060Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Oki Matsumoto 2026-06-16Form 42026-06-180001141391-26-000054Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Gabrielle Sulzberger 2026-06-16Form 42026-06-180001141391-26-000055Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Oki Matsumoto 2026-06-21Form 42026-06-230001141391-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Raj Seshadri 2026-07-01Form 42026-07-020001141391-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Edward McLaughlin 2026-07-01Form 42026-07-020001141391-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Raj Seshadri 2026-07-01Form 42026-07-020001141391-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Raj Seshadri 2026-07-01Form 42026-07-020001141391-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Raj Seshadri 2026-07-01Form 42026-07-020001141391-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Edward McLaughlin 2026-07-01Form 42026-07-020001141391-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Raj Seshadri 2026-07-01Form 42026-07-020001141391-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Raj Seshadri 2026-07-01Form 42026-07-020001141391-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Edward McLaughlin 2026-07-01Form 42026-07-020001141391-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Sandra A. Arkell 2026-07-06Form 42026-07-080001141391-26-000072Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Sandra A. Arkell 2026-07-06Form 42026-07-080001141391-26-000072Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Sandra A. Arkell 2026-07-14Form 42026-07-150001141391-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Sandra A. Arkell 2026-07-14Form 42026-07-150001141391-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Edward McLaughlin 2026-07-15Form 42026-07-150001141391-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
73Section 06, 2026 voteForm 8-K2026-06-170001141391-26-000041Item 5.07 · say-on-pay result. As reported: 94.86% (votes for as printed: 701,046,392). Filing ↗
74Section 06, 2025 voteForm 8-K2025-06-260001141391-25-000154Item 5.07 · say-on-pay result. As reported: 95.66% (votes for as printed: 728,151,172). Filing ↗
75Section 06, 2024 voteForm 8-K2024-06-210001141391-24-000121Item 5.07 · say-on-pay result. As reported: 95.33% (votes for as printed: 742,872,818). Filing ↗
76Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
77Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
78Section 09b board cost (computed)ComputedcomputedCash 1,681,250 + equity 2,896,371 + all other 80,000 = 4,657,621, summed across the director compensation table rows.machine: formula: Σ = 4,657,621
79Broadcom, Section 10b CEO totalDEF 14A2026-03-020001193125-26-085691CEO total compensation as printed in Broadcom's own proxy. As printed: 205,278,006. Filing ↗machine: span 845048–845059
80Microsoft, Section 10b CEO totalDEF 14A2025-10-210001193125-25-245150CEO total compensation as printed in Microsoft's own proxy. As printed: 96,496,790. Filing ↗machine: r2 · c27 · span 1059364–1059374
81Adobe, Section 10b CEO totalDEF 14A2026-02-270000796343-26-000043CEO total compensation as printed in Adobe's own proxy. As printed: 51,173,935. Filing ↗machine: r3 · c51 · span 923759–923769
82Salesforce, Section 10b CEO totalDEF 14A2026-04-160001108524-26-000085CEO total compensation as printed in Salesforce's own proxy. As printed: 49,379,252. Filing ↗machine: r4 · c24 · span 1710833–1710843
83American Express, Section 10b CEO totalDEF 14A2026-03-250001104659-26-034163CEO total compensation as printed in American Express's own proxy. As printed: 46,239,805. Filing ↗machine: span 2098186–2098196
84IBM, Section 10b CEO totalDEF 14A2026-03-100000051143-26-000025CEO total compensation as printed in IBM's own proxy. As printed: 37,989,685. Filing ↗machine: r11 · c51 · span 1119293–1119303
85Intuit, Section 10b CEO totalDEF 14A2025-11-260000896878-25-000057CEO total compensation as printed in Intuit's own proxy. As printed: 36,845,552. Filing ↗machine: span 1544523–1544533
86Mastercard Inc (subject), Section 10b CEO totalDEF 14A2026-04-270001141391-26-000021CEO total compensation as printed in Mastercard Inc's own proxy. As printed: 35,422,518. Filing ↗machine: r3 · c54 · span 1446723–1446733
87Booking Holdings, Section 10b CEO totalDEF 14A2026-04-210001308179-26-000310CEO total compensation as printed in Booking Holdings's own proxy. As printed: 35,418,102. Filing ↗machine: span 2167953–2167963
88Visa, Section 10b CEO totalDEF 14A2025-12-080001308179-25-000635CEO total compensation as printed in Visa's own proxy. As printed: 31,560,660. Filing ↗machine: t249 · span 1369402–1369412
89Accenture, Section 10b CEO totalDEF 14A2025-12-120001308179-25-000651CEO total compensation as printed in Accenture's own proxy. As printed: 29,641,903. Filing ↗machine: t149 · r4 · c23 · span 1117150–1117161
90PayPal Holdings, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145721CEO total compensation as printed in PayPal Holdings's own proxy. As printed: 25,243,486. Filing ↗machine: t411 · r4 · c27 · span 1387299–1387309
91S&P Global, Section 10b CEO totalDEF 14A2026-03-310001104659-26-037380CEO total compensation as printed in S&P Global's own proxy. As printed: 12,831,062. Filing ↗machine: span 1311049–1311059
92Discover Financial Services, Section 10b CEO totalDEF 14A2024-03-150001393612-24-000020CEO total compensation as printed in Discover Financial Services's own proxy. As printed: 2,188,651. Filing ↗machine: r2 · c24 · span 1380822–1380831
93Oracle, Section 10b CEO totalDEF 14A2025-09-260001193125-25-220801CEO total compensation as printed in Oracle's own proxy. As printed: 1,113,417. Filing ↗machine: r5 · c28 · span 1109060–1109069
94Block, Section 10b CEO totalDEF 14A2026-04-240001628280-26-027203CEO total compensation as printed in Block's own proxy. As printed: 3. Filing ↗
95Section 10a, Booking Holdings reciprocityDEF 14A0001308179-26-000310Booking Holdings's most recent proxy was read; its disclosed peer group does not include Mastercard Inc. Filing ↗
96Section 10a, Oracle reciprocityDEF 14A0001193125-25-220801Oracle's most recent proxy was read; its disclosed peer group does not include Mastercard Inc. Filing ↗
97Section 10a, Broadcom reciprocityDEF 14A0001193125-26-085691Broadcom's most recent proxy was read; its disclosed peer group does not include Mastercard Inc. Filing ↗
98Section 10a, S&P Global reciprocityDEF 14A0001104659-26-037380S&P Global names Mastercard Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
99Section 10a, Microsoft reciprocityDEF 14A0001193125-25-245150Microsoft's most recent proxy was read; its disclosed peer group does not include Mastercard Inc. Filing ↗
100Section 10a, American Express reciprocityDEF 14A0001104659-26-034163American Express names Mastercard Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
101Section 10a, Discover Financial Services reciprocityDEF 14A0001393612-24-000020Discover Financial Services names Mastercard Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
102Section 10a, IBM reciprocityDEF 14A0000051143-26-000025IBM's most recent proxy was read; its disclosed peer group does not include Mastercard Inc. Filing ↗
103Section 10a, Intuit reciprocityDEF 14A0000896878-25-000057Intuit names Mastercard Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
104Section 10a, Salesforce reciprocityDEF 14A0001108524-26-000085Salesforce's most recent proxy was read; its disclosed peer group does not include Mastercard Inc. Filing ↗
105Section 10a, Accenture reciprocityDEF 14A0001308179-25-000651Accenture's most recent proxy was read; its disclosed peer group does not include Mastercard Inc. Filing ↗
106Section 10a, PayPal Holdings reciprocityDEF 14A0001193125-26-145721PayPal Holdings names Mastercard Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
107Section 10a, Block reciprocityDEF 14A0001628280-26-027203Block's most recent proxy was read; its disclosed peer group does not include Mastercard Inc. Filing ↗
108Section 10a, Visa reciprocityDEF 14A0001308179-25-000635Visa names Mastercard Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗