---
schema_version: "secwatch.filing_event.v1"
accession: "0001403161-25-000028"
form_type: "8-K"
ticker: "V"
cik: "0001403161"
company_name: "VISA INC."
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T01:38:35.949175+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Visa deposits $375M into litigation escrow; adjusts class B conversion rates

## Summary
- Deposit of $375M into U.S. litigation escrow account under existing retrospective responsibility plan.
- Class B-1 conversion rate decreased from 1.5653 to 1.5609; class B-2 from 1.5430 to 1.5342, effective March 27, 2025.
- As-converted class B-1 share count reduced by ~21,297 to 7,547,381; B-2 reduced by ~1,060,049 to 184,625,546.
- Conversion adjustments have same EPS effect as repurchasing class A common stock.

## SEC filing metadata
- accession: 0001403161-25-000028
- form_type: 8-K
- ticker: V
- cik: 0001403161
- company_name: VISA INC.
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403161/000140316125000028/0001403161-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403161/000140316125000028/v-20250326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403161-25-000028
- JSON: https://secwatch.observer/filing/0001403161-25-000028.json
- Plain text: https://secwatch.observer/filing/0001403161-25-000028.txt

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