{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-25-000058","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2025-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.899319+00:00","generated_at":"2026-05-17T06:05:08.188058+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Visa deposits $500M into litigation escrow; dilutes class B conversion rates","bullets":["Deposited $500M into U.S. litigation escrow account on September 18, 2025.","Triggers downward adjustment to class B-1 and B-2 conversion rates, diluting those shares.","EPS impact analogous to repurchasing class A common stock.","Funding conducted under the existing U.S. retrospective responsibility plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-25-000058","json":"https://secwatch.observer/filing/0001403161-25-000058.json","markdown":"https://secwatch.observer/filing/0001403161-25-000058.md","text":"https://secwatch.observer/filing/0001403161-25-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316125000058/0001403161-25-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316125000058/v-20250918.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:05:08.188058+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"}