{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-24-000035","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2024-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.925622+00:00","generated_at":"2026-05-31T21:59:52.724583+00:00","sec_items":["3.02"],"event_type":"other","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Visa to release ~$2.7B from preferred stock under Visa Europe litigation deed","bullets":["Third mandatory release assessment on June 21, 2024, reduces Series B and C Preferred Stock liability coverage.","Series B: $1.1B release; conversion adjustment reduction of 1.695; Class A common equivalent drops from 2.698 to 1.003.","Series C: $1.6B release; conversion adjustment reduction of 1.819; Class A common equivalent drops from 3.605 to 1.786.","On July 19, 2024, Visa will issue ~99,264 shares of Series A Preferred Stock to holders of Series B and C."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-24-000035","json":"https://secwatch.observer/filing/0001403161-24-000035.json","markdown":"https://secwatch.observer/filing/0001403161-24-000035.md","text":"https://secwatch.observer/filing/0001403161-24-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316124000035/0001403161-24-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316124000035/v-20240710.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T21:59:52.724583+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"}