Visa Inc. filings document formal disclosures for a Delaware digital payments company with Class A common stock and multiple senior note series registered on the New York Stock Exchange. Recent Form 8-K reports cover quarterly earnings releases, board-declared cash dividends, unsecured senior note issuances under shelf registration documents, and exhibits tied to material events.
The filings also record Visa’s share-class and governance matters, including Class B common stock exchange offers, Class B-1 and Class B-2 conversion-rate adjustments linked to the U.S. litigation escrow account under its U.S. retrospective responsibility plan, and amendments to its certificate of incorporation. These disclosures connect operating results, debt securities, equity mechanics, litigation-related capital adjustments and corporate governance.
Form 144 filing for Visa Inc. (V) reporting proposed sale of common shares by an insider. The filer notifies the SEC of an intended sale of 10,485 shares of common stock through Merrill Lynch on the New York Stock Exchange with an aggregate market value of $3,597,718.05 and an approximate sale date of 08/14/2025. The shares were acquired the same day by exercise of nonqualified stock options and paid as a compensatory transaction. The filing also discloses two recent sales by the same person: 8,630 shares on 07/01/2025 for $3,053,466.60 and 8,620 shares on 06/02/2025 for $3,127,077.40. The notice includes the required insider representation about lack of undisclosed material information.
Visa completed the fourth mandatory release assessment tied to the Visa Europe acquisition and the Litigation Management Deed and will release approximately $1.4 billion from its Series B and Series C Convertible Participating Preferred Stock. The release triggers downward adjustments to the Class A Common Equivalent Numbers and a partial conversion of the Preferred Stock into Series A Convertible Participating Preferred Stock under the applicable certificates of designation.
Specifically, the Series B Preferred Stock will reflect a Liability Coverage Reduction of about $287 million, reducing the Conversion Adjustment by 0.327 and the Class A Common Equivalent Number from 0.996 to 0.669. The Series C Preferred Stock will reflect a Liability Coverage Reduction of about $1.1 billion, reducing the Conversion Adjustment by 1.019 and the Class A Common Equivalent Number from 1.783 to 0.764. Effective August 18, 2025, Visa will issue approximately 40,080 shares of Series A Preferred (subject to fractional-share cash payments), and each Series A Preferred share will convert into 100 shares of Class A Common Stock upon a sale to an eligible holder. The issuance relies on the Section 3(a)(9) exemption from registration under the Securities Act.