{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-26-000086","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2026-06-26T20:07:23+00:00","discovered_at":"2026-06-26T20:08:00.533445+00:00","generated_at":"2026-06-26T20:08:15.520365+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 $250M into litigation escrow, triggering Class B conversion rate cuts","bullets":["Deposit of $250M into U.S. litigation escrow account under retrospective responsibility plan.","Conversion rate reduced: Class B-1 from 1.5475 to 1.5445; B-2 from 1.5075 to 1.5014; B-3 from 1.5075 to 1.4953, effective June 25, 2026.","As-converted share count decreased by ~740K for B-3, ~6.7K for B-1, and ~3K for B-2.","Adjustments reduce diluted share count, positively impacting EPS as if repurchasing Class A stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-26-000086","json":"https://secwatch.observer/filing/0001403161-26-000086.json","markdown":"https://secwatch.observer/filing/0001403161-26-000086.md","text":"https://secwatch.observer/filing/0001403161-26-000086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316126000086/0001403161-26-000086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316126000086/v-20260624.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T20:08:15.520365+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"}