{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-23-000064","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2023-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.718929+00:00","generated_at":"2026-06-13T14:46:09.383918+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Visa adjusts class B conversion rate after $500M litigation escrow deposit","bullets":["Deposited $500M into U.S. litigation escrow on June 28, 2023.","Class B conversion rate decreased from 1.5991 to 1.5902, effective June 28.","As-converted class B share count reduced by ~2,195,424 shares.","Adjustment has same EPS effect as repurchasing class A common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-23-000064","json":"https://secwatch.observer/filing/0001403161-23-000064.json","markdown":"https://secwatch.observer/filing/0001403161-23-000064.md","text":"https://secwatch.observer/filing/0001403161-23-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316123000064/0001403161-23-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316123000064/v-20230629.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T14:46:09.383918+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"}