secwatch.observer — SEC 8-K summary
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Issuer:     VISA INC. (V)
CIK:        0001403161
Form:       8-K
Filed at:   2025-12-30T23:59:59+00:00
Accession:  0001403161-25-000137
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
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 $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403161/000140316125000137/0001403161-25-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403161/000140316125000137/v-20251230.htm
  HTML page:      https://secwatch.observer/filing/0001403161-25-000137

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer