secwatch.observer — SEC 8-K summary
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Issuer:     VISA INC. (V)
CIK:        0001403161
Form:       8-K
Filed at:   2026-02-27T23:59:59+00:00
Accession:  0001403161-26-000063
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Visa deposits $125M into litigation escrow; adjusts B-1/B-2 conversion rates
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- $125M deposited into U.S. litigation escrow under retrospective responsibility plan.
- Class B-1 conversion rate decreased from 1.5491 to 1.5475; B-2 from 1.5108 to 1.5075.
- As-converted B-1 shares reduced by ~7,880 to 7,482,834; B-2 by ~392,202 to 181,412,788.
- Adjustment has same effect on EPS as repurchasing class A common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403161/000140316126000063/0001403161-26-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403161/000140316126000063/v-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001403161-26-000063

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