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EdgarHawk

ROTTENBERG JULIE B

GENERAL COUNSEL

Officer
6 filings analyzed · 1 company · Latest 2025-12-12

Companies

Company Buys Sells Direction
VISA INC. V 0 12 Net selling

Activity

December 2025
2025-12-12 VISA INC. V
low
Sell
2,027 shares
$699,315
Significance 4/10

Visa General Counsel Julie Rottenberg sells 2,027 shares at $345.00; stock at $347.83, near 52-week high.

Julie Rottenberg, Visa's General Counsel, sold 2,027 shares (2.0K shares) at $345.00 on 2025-12-11, reducing her holdings to 18,404 shares (18.4K shares) from 20,431 shares (20.4K shares), a -9.9% reduction. The sale occurred at a price -6.8% below the 52-week high of $373.31 and within the 52-week range of $306.92–$373.31. Her prior five trades at Visa show mixed timing outcomes: only 1 of 5 prior sells were well-timed at the 90-day mark, with three instances of positive 90-day returns (2024-11-01 at +18.9%, 2024-08-29 at +14.4%, 2025-05-01 at +1.5%), suggesting her recent Visa sales have not consistently preceded downturns. Visa's fundamentals remain robust: $10.2B quarterly revenue, $5.3B net income, +11.3% annual revenue growth, and a P/E of 7.92 on a $163.2B market cap. The transaction is routine insider rebalancing activity with no pattern of adverse timing or fundamental deterioration evident.

August 2025
2025-08-19 VISA INC. V
medium
Sell
2,027 shares
$697,329
Significance 4/10

General Counsel Rottenberg sells 2,027 V shares at $344.02; retains 11,925 shares amid -8.3% decline from 52-week high.

Julie B. Rottenberg, General Counsel of Visa, sold 2,027 shares at $344.02 on 2025-08-18, reducing her holdings from 13,952 to 11,925 shares. The sale generates $697,328.54 in proceeds at a price 8.3% below the 52-week high of $373.31, while the stock has declined 1.9% over 30 days and 4.4% over 90 days from transaction date. Rottenberg's prior four sales at Visa have consistently posted positive returns at the 90-day mark (ranging from +1.5% to +18.9%), indicating that previous dispositions occurred before subsequent gains—a pattern of poorly-timed exits relative to subsequent price performance. Her cross-ticker track record shows zero well-timed sells, suggesting limited predictive accuracy across her trading history. Visa fundamentals remain solid: $10.2B quarterly revenue, +10.0% annual growth, and a 7.92 P/E ratio on a $160.7B market cap, leaving no obvious fundamental deterioration to justify the sale.

May 2025
2025-05-02 VISA INC. V
low
Sell
2,575 shares
$889,868
Significance 3/10

Visa General Counsel Julie B Rottenberg sold 2,575 shares at $345.58 on 2025-05-01 for $889,868.50, reducing holdings by -17.8%.

Rottenberg sold 2,575 shares at $345.58, reducing her holdings from 14,500 to 11,925 shares. At the current price of $347.60, this trade is nominally 2 points below current levels. Her prior sales at Visa have not demonstrated well-timed exits at the 90-day mark—0 of 2 measurable prior sales at this ticker were well-timed. Her cross-ticker track record across 3 prior sells shows an average 90-day return of +16.7% (sold and stock subsequently rose), indicating a pattern of selling ahead of gains rather than peaks. This single-transaction sale represents routine portfolio activity from an executive officer without clear evidence of elevated conviction or concern about near-term company prospects.

February 2025
2025-02-04 VISA INC. V
low
Sell
2,572 shares
$874,480
Significance 4/10

General Counsel Julie B Rottenberg sold 2,572 shares of Visa at $340.00 on 2025-02-03, reducing holdings to 11,925 shares.

General Counsel Julie B Rottenberg sold 2,572 shares (2.6K shares) of VISA INC. for $874,480.00 ($874.5K) on 2025-02-03, reducing her position by -17.7% vs pre-transaction holdings from 14,497 to 11,925 shares. Her prior trades at Visa (two sales on 2024-11-01 and 2024-08-29) show 30d returns of +9.2% and +0.1%, and 90d returns of +18.9% and +14.4% respectively, indicating a 0 of 2 well-timed rate at the 90-day mark; neither prior sale preceded a decline. The current stock price of $345.15 sits -0.2% from the 52-week high of $345.82 and has appreciated +9.6% over 30 days and +12.3% over 90 days. Visa's fundamentals remain strong with revenue of $9,510,000,000.00 ($9.5B), net income of $5,119,000,000.00 ($5.1B), annual revenue growth of +10.0%, and a P/E of 8.11. The sale represents a routine portfolio adjustment by a senior executive of a financially robust company near multi-year price highs.

November 2024
2024-11-01 VISA INC. V
low
Sell
2,572 shares
$741,996
Significance 3/10

General Counsel Rottenberg sells 2,572 V shares at $288.49; retains 5,893 shares post-transaction

Julie B. Rottenberg, serving as General Counsel, sold 2,572 shares of Visa on 2024-11-01 at $288.49, reducing her holdings by -30.4% to 5,893 shares. The transaction occurred near Visa's 52-week highs, with the stock currently trading at $290.74, having appreciated 5.0% over the prior 30 days and 9.1% over 90 days. Across her cross-ticker track record, Rottenberg's prior open-market sells averaged a 30-day return of +0.1%, while her sole prior transaction at Visa (a sale on 2024-08-29) also posted a +0.1% 30-day return. The sale alone does not constitute a material shift in conviction, as the insider retains a substantial position and insider selling at elevated price levels is not uncommon for liquidity or portfolio rebalancing purposes.

August 2024
2024-08-30 VISA INC. V
medium
Sell
2,572 shares
$707,300
Significance 5/10

General Counsel Julie B Rottenberg sells 2,572 shares of VISA at $275.00; reduces stake by 30.4% to 5,893 shares

Julie B Rottenberg, VISA's General Counsel, sold 2,572 shares for $707,300.00 on 2024-08-29, reducing her holdings from 8,465 shares to 5,893 shares—a 30.4% reduction in her stake. The sale occurred near the company's 52-week high of $290.37, with the current stock price at $276.37. VISA demonstrates strong fundamentals with $8.9B in latest-quarter revenue, $4.9B net income, 11.4% annual revenue growth, and a notably low P/E of 6.79. The significance of this transaction lies in the material scale of the sale (nearly one-third of her holdings) and the timing relative to the company's valuation metrics and recent price performance. While the transaction occurred within the context of strong company performance, the magnitude of the reduction warrants investor attention to track whether this signals any shifts in management's confidence at current valuations.

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