---
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"
generated_at: "2026-05-16T12:14:28.120026+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Visa deposits $500M into litigation escrow, diluting class B stock conversion

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403161-25-000134
- JSON: https://secwatch.observer/filing/0001403161-25-000134.json
- Plain text: https://secwatch.observer/filing/0001403161-25-000134.txt

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