V 8-K — Smart Summary
82% reductionVisa Inc. deposited $125 million into its U.S. litigation escrow account on February 25, 2026, under its U.S. retrospective responsibility plan, triggering downward adjustments to the conversion rates of its class B-1 and B-2 common stock effective February 26, 2026.
Item 8.01 — Other Events
Litigation
- $125 million deposited into the U.S. litigation escrow account on February 25, 2026
- Deposit made under the U.S. retrospective responsibility plan, which covers U.S. litigation obligations
- Class B-1 conversion rate (to class A) decreased from 1.5491 to 1.5475 effective February 26, 2026
- Class B-2 conversion rate (to class A) decreased from 1.5108 to 1.5075 effective February 26, 2026
- As-converted class B-1 share count reduced by ~7,880 shares (from 7,490,714 to 7,482,834)
- As-converted class B-2 share count reduced by ~392,202 shares (from 181,804,989 to 181,412,788)
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