{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-24-000047","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2024-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.926198+00:00","generated_at":"2026-05-31T01:30:16.880624+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Visa deposits $1.5B into litigation escrow, triggers class B stock conversion adjustment","bullets":["Visa deposited $1.5 billion into the litigation escrow account under its U.S. retrospective responsibility plan.","Deposit triggers downward adjustments to conversion rates of class B-1 and B-2 common stock.","Adjustments have same effect on earnings per share as repurchasing class A common stock.","Class B shares are predominantly held by U.S. financial institutions and their affiliates and successors.","Deposit and conversion adjustments are conducted per Visa's certificate of incorporation."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-24-000047","json":"https://secwatch.observer/filing/0001403161-24-000047.json","markdown":"https://secwatch.observer/filing/0001403161-24-000047.md","text":"https://secwatch.observer/filing/0001403161-24-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316124000047/0001403161-24-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316124000047/v-20240924.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:30:16.880624+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"}