---
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"
generated_at: "2026-05-31T01:30:16.880624+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Visa deposits $1.5B into litigation escrow, triggers class B stock conversion adjustment

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403161-24-000047
- JSON: https://secwatch.observer/filing/0001403161-24-000047.json
- Plain text: https://secwatch.observer/filing/0001403161-24-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.