{"schema_version":"secwatch.filing_event.v1","accession":"0001403161-26-000121","form_type":"8-K","ticker":"V","cik":"0001403161","company_name":"VISA INC.","filed_at":"2026-09-23T20:06:31+00:00","discovered_at":"2026-09-23T20:07:10.776095+00:00","generated_at":"2026-09-23T20:08:59.270315+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Visa deposits $405M into litigation escrow; adjusts Class B conversion rates","bullets":["Deposited $405M into U.S. litigation escrow under retrospective responsibility plan on Sept 18, 2026.","B-1 conversion rate cut from 1.5445 to 1.5400; B-2 from 1.5014 to 1.4924; B-3 from 1.4953 to 1.4773.","As-converted B-3 share count reduced by ~1.09M shares to 89.51M; B-1 and B-2 also reduced.","Adjustments reduce as-converted share counts, affecting EPS like a Class A repurchase."],"urls":{"canonical":"https://secwatch.observer/filing/0001403161-26-000121","json":"https://secwatch.observer/filing/0001403161-26-000121.json","markdown":"https://secwatch.observer/filing/0001403161-26-000121.md","text":"https://secwatch.observer/filing/0001403161-26-000121.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403161/000140316126000121/0001403161-26-000121-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403161/000140316126000121/v-20260918.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-23T20:08:59.270315+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"}