Visa Shares Plummet Following Insider Sell-Off
Visa Inc. (NYSE:V) shares fell 1.8% in mid-day trading on Tuesday after General Counsel Julie B. Rottenberg sold 2,028 shares of the company's stock.
The sale occurred at an average price of $381.35 per share, for a total value of $773,377.80.
Following the transaction, Rottenberg owned 18,404 shares in the company, valued at $7,018,365.40.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan and disclosed in a legal filing with the SEC.