{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-23-000055","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2023-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.718710+00:00","generated_at":"2026-06-13T17:50:39.826426+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Visa deposits $500M into litigation escrow, triggering class B conversion adjustment","bullets":["Visa deposited $500 million into U.S. litigation escrow account under its retrospective responsibility plan.","Deposit triggers downward adjustment to class B to class A conversion rate, diluting class B shares.","Adjustment has same EPS effect as repurchasing class A common stock.","Class B shares are held exclusively by U.S. financial institutions and their affiliates.","Deposit and adjustment conducted per terms of Visa's certificate of incorporation."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-23-000055","json":"https://secwatch.observer/filing/0001403161-23-000055.json","markdown":"https://secwatch.observer/filing/0001403161-23-000055.md","text":"https://secwatch.observer/filing/0001403161-23-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316123000055/0001403161-23-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316123000055/v-20230623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T17:50:39.826426+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}