{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-25-000137","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2025-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.317291+00:00","generated_at":"2026-05-16T11:57:56.064721+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Visa deposits $500M into litigation escrow; reduces class B conversion rates","bullets":["Deposited $500M into U.S. litigation escrow account under retrospective responsibility plan on Dec 23, 2025.","Class B-1 conversion rate decreased from 1.5549 to 1.5491; B-2 from 1.5223 to 1.5108.","As-converted B-1 share count reduced by ~27,782 to 7,490,714; B-2 reduced by ~1,382,832 to 181,804,989.","Adjustment has same effect on EPS as repurchasing class A common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-25-000137","json":"https://secwatch.observer/filing/0001403161-25-000137.json","markdown":"https://secwatch.observer/filing/0001403161-25-000137.md","text":"https://secwatch.observer/filing/0001403161-25-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316125000137/0001403161-25-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316125000137/v-20251230.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:57:56.064721+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"}