secwatch.observer — SEC 8-K summary
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Issuer:     VISA INC. (V)
CIK:        0001403161
Form:       8-K
Filed at:   2025-09-26T23:59:59+00:00
Accession:  0001403161-25-000061
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Visa deposits $500M into litigation escrow, reduces class B conversion rates
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- Deposited $500 million into U.S. litigation escrow account on September 25, 2025.
- Class B-1 conversion rate decreased from 1.5609 to 1.5549.
- Class B-2 conversion rate decreased from 1.5342 to 1.5223.
- As-converted B-1 share count reduced by ~28,885 to 7,518,496; B-2 reduced by ~1.44M to 183,187,821.
- Adjustments have same EPS effect as repurchasing class A common stock; based on VWAP from Sept 18-24, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403161/000140316125000061/0001403161-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403161/000140316125000061/v-20250926.htm
  HTML page:      https://secwatch.observer/filing/0001403161-25-000061

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