{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-25-000134","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2025-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.317014+00:00","generated_at":"2026-05-16T12:14:28.120026+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Visa deposits $500M into litigation escrow, diluting class B stock conversion","bullets":["Visa deposited $500 million into the U.S. litigation escrow account under its retrospective responsibility plan.","The deposit triggers downward adjustments to conversion rates of class B-1 and B-2 common stock into class A common stock.","The dilution effect on earnings per share is similar to repurchasing class A common stock.","Class B shares are held predominantly by U.S. financial institutions and their affiliates."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-25-000134","json":"https://secwatch.observer/filing/0001403161-25-000134.json","markdown":"https://secwatch.observer/filing/0001403161-25-000134.md","text":"https://secwatch.observer/filing/0001403161-25-000134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316125000134/0001403161-25-000134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316125000134/v-20251223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:14:28.120026+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"}