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
- $125 million deposited into the U.S. litigation escrow account on February 25, 2026
- Deposit made under the U.S. retrospective responsibility plan, which covers U.S. litigation obligations
- Class B-1 conversion rate (to class A) decreased from 1.5491 to 1.5475 effective February 26, 2026
- Class B-2 conversion rate (to class A) decreased from 1.5108 to 1.5075 effective February 26, 2026
- As-converted class B-1 share count reduced by ~7,880 shares (from 7,490,714 to 7,482,834)
- As-converted class B-2 share count reduced by ~392,202 shares (from 181,804,989 to 181,412,788)
§ MORE SUMMARIES
More V Smart Summaries
Other filings for VISA INC. with a Smart Summary.
8-K$VVISA INC.Smart Summary
8-K Filing
Settled exchange offer for Class B-1 and B-2 shares with makewhole agreements
8-K$VVISA INC.Smart Summary
8-K Filing
Exchange offer for Class B stock concludes with 98% participation
10-Q$VVISA INC.Smart Summary
10-Q Filing
Net revenue grew 16% to $22.1 billion in first half
10-Q$VVISA INC.Smart Summary
10-Q Filing
Revenue grew 15% to $10.9B despite higher client incentives
Never miss a V filing
Get real-time email alerts when V files with the SEC.