Early Access — free while we kick the tires
EdgarHawk

Fabara Paul D

CHIEF RISK & CLIENT SVCS OFC

Officer
7 filings analyzed · 1 company · Latest 2025-12-02

Companies

Company Buys Sells Direction
VISA INC. V 0 19 Net selling

Activity

December 2025
2025-12-02 VISA INC. V
medium
Sell
7,556 shares
$2,504,436
Significance 6/10

Chief Risk Officer Paul D Fabara sold 7,556 shares of VISA at $331.45 for $2.5M; stock now at $329.62, -11.7% from 52-week high.

Fabara sold 7,556 shares (22.2% of pre-transaction holdings) at $331.45 in early December, reducing his stake from 33,969 to 26,413 shares. Notably, his prior 5 sales at Visa were uniformly well-timed at the 90-day mark, each yielding negative post-sale returns—a 100% success rate that suggests consistent timing acuity at this specific ticker. The current price of $329.62 sits -11.7% from the 52-week high of $373.31, and the 30-day and 90-day declines of -3.3% and -6.1% are already unfolding, consistent with the downward pattern he has captured in previous Visa exits. Against this backdrop, Visa's fundamentals remain solid (P/E 7.51, $5.3B net income on $10.2B quarterly revenue, +11.3% annual growth), offering no obvious distress signal. The sale appears discretionary rather than a forced liquidation, and the modest post-transaction decline aligns with his established pattern of executing sells ahead of price weakness.

June 2025
2025-06-12 VISA INC. V
medium
Sell
11,636 shares
$4,363,524
Significance 5/10

Fabara Paul D (Chief Risk Officer) sold 11,636 shares of VISA at $375.00 on 2025-06-11 for $4,363,524.44, reducing holdings by 30.6%.

Fabara Paul D, Chief Risk & Client Services Officer, sold 11,636 shares at $375.00 on 2025-06-11, a substantial 30.6% reduction of his holdings from 38,049 shares to 26,413 shares. The sale occurred near VISA's 52-week high of $373.31, with the stock trading at $371.40 currently, suggesting execution at the upper end of recent price action. His prior five transactions at VISA consist entirely of sells: two most recent on 2025-06-05 (outcomes not yet measurable), two earlier sells showing positive 30-day returns (+4.4% and +4.3%), and one from March 2025 with a negative 30-day return (-3.2%). Across all tickers, his track record shows 7 prior open-market sells with a cross-ticker 90-day well-timed rate of 50.00%, meaning timing outcomes have been mixed historically. VISA itself shows strong fundamentals with $9.6B latest quarterly revenue, $4.6B net income, 10.0% annual revenue growth, and a 8.76 P/E ratio, providing context for the valuation at which the insider executed.

2025-06-06 VISA INC. V
high
Sell
46,214 shares
$17,099,180
Significance 6/10

Chief Risk Officer Paul D Fabara sold 46.2K shares at $370.00 for $17.1M, reducing holdings by 63.6%

Fabara, serving as Chief Risk & Client Services Officer at Visa, executed two separate sales totaling 46,214 shares for $17,099,180.00, reducing his position from 72,627 shares to 26,413 shares. The sale occurred at $370.00, matching the 52-week high, suggesting advantageous timing on a stock that has risen 5.8% over 30 days and 7.2% over 90 days. His cross-ticker track record shows a 100.00% well-timed rate across 5 prior sells, with a 90-day average return of -6.1%, indicating his past sales have generally preceded stock declines. At Visa specifically, his most recent measurable sale (2024-05-15) posted a -6.1% 90-day return, demonstrating consistent sell-side timing discipline at this ticker. The 63.6% reduction in holdings is material and represents a substantial de-risking by an executive whose role encompasses client and risk oversight.

May 2025
2025-05-12 VISA INC. V
medium
Sell
17,670 shares
$6,316,131
Significance 5/10

Fabara (Chief Risk & Client Services Officer) sells 17.7K shares of V for $6.3M; reduces holdings 40.1% to 26.4K shares.

Fabara Paul D, Chief Risk & Client Services Officer, executed a sale of 17,670 shares at $357.45 on 2025-05-12, reducing his holdings from 44,083 shares to 26,413 shares—a 40.1% reduction. The transaction occurred near the 52-week high (within 1.9% of the $362.71 peak), and at a price $1.60 above the current market price of $355.85. His prior sales at V show mixed near-term outcomes: a 2024 sale preceded a -6.1% 90-day decline, but a 2025-03-14 sale saw a +1.9% 30-day return, yielding no clear pattern at this ticker. Cross-ticker, his track record across 4 prior sells shows a 100.00% well-timed rate at the 90-day mark, though the recent 30-day average returned -1.2%. The company fundamentals remain solid—$9.6B quarterly revenue, $4.6B net income, 10.0% annual revenue growth, and a low P/E of 8.40—offering no obvious distress signal that would explain the concentrated reduction in a senior executive's holdings.

2025-05-09 VISA INC. V
medium
Sell
14,813 shares
$5,259,168
Significance 5/10

Visa Chief Risk Officer sells 14,813 shares for $5.3M; holdings fall 35.9% to 26,413 shares

Paul D Fabara, Chief Risk & Client Services Officer, sold 14,813 shares of VISA at $355.04 on 2025-05-08 for a total value of $5,259,167.52, reducing his holdings by 35.9% from 41,226 shares to 26,413 shares post-transaction. The sale occurred near the 52-week high (current price $352.54 is -2.8% from the $362.71 peak), and stock has appreciated 6.0% over the past 30 days. Across his open-market trading history, Fabara's prior sells (3 total, cross-ticker) show an average 90-day return of -6.1% with a 100.00% well-timed rate, indicating he has historically sold before subsequent price declines. At VISA specifically, his prior 2024 sale (2024-05-15) was well-timed with a -6.1% 90-day return, though two more recent Visa sells (March 2025) lack completed 90-day outcome data. The confluence of a substantial reduction in position size, sale timing near all-time highs, and a historical pattern of well-timed exits warrants observation, though the stock's near-term momentum remains positive.

March 2025
2025-03-20 VISA INC. V
high
Sell
39,350 shares
$13,395,051
Significance 6/10

Chief Risk Officer Paul Fabara sold 39,350 shares of VISA for $13.4M, reducing holdings by 59.8%

Paul Fabara, Chief Risk & Client Services Officer, executed a substantial open-market sale of 39,350 shares on 2025-03-19 at $340.41, bringing his post-transaction holdings from 65,763 shares down to 26,413 shares—a reduction of 59.8% of his prior position. The sale occurred during a period of modest weakness: VISA's stock has declined 4.8% over the prior 30 days and sits 6.4% below its 52-week high of $362.71. Critically, Fabara's cross-ticker track record shows a 90-day well-timed rate of 100.00% across 2 prior sells with an average 90-day return of -6.1%, and his most recent same-ticker sale on 2024-05-15 also proved well-timed at the 90-day mark with a -6.1% return. This latest sale follows another VISA sale just 5 days prior (2025-03-14), establishing a concentrated exit pattern at a single company within a short window. The stock's current trading level of $339.50 is just 0.27% below the execution price, but the confluence of a highly-timed selling history, the magnitude of the position reduction (59.8%), and the dual sales within a week warrants investor attention as a potential signal of elevated conviction behind the exit.

2025-03-14 VISA INC. V
high
Sell
39,350 shares
$12,875,320
Significance 6/10

Visa Chief Risk & Client Services Officer Paul D Fabara sold 39,350 shares for $12.9M at $327.20 on 2025-03-14, reducing holdings by 59.8%.

Fabara executed a substantial sale of 39,350 shares (39.4K shares) at $327.20, liquidating nearly 60% of his Visa holdings and reducing his position from 65,763 shares (65.8K shares) to 26,413 shares (26.4K shares). His prior trade at Visa in May 2024 was well-timed at the 90-day mark with a -6.1% return after the sale, demonstrating a pattern of selling ahead of declines at this specific ticker. The current stock price of $331.80 sits 8.5% below the 52-week high of $362.71, and Visa's fundamentals remain robust with $9.5B quarterly revenue, 10.0% annual growth, and a lean P/E of 7.80. The scale of this sale—divesting 59.8% of holdings—coupled with his demonstrated ability to time prior Visa sales before downturns warrants investor attention despite the company's strong financial position.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access