Form 8-K Filing by Visa Inc.

On December 23, 2025, Visa Inc. announced the deposit of $500 million into its U.S. litigation escrow account, as part of its U.S. retrospective responsibility plan. This action triggers a dilution effect on the company's class B-1 and B-2 common stock, primarily held by U.S. financial institutions. The dilution occurs through downward adjustments to the conversion rates of these classes of stock into class A common stock, which is comparable to a share repurchase program and impacts earnings per share. The deposit and conversion rate adjustments will adhere to the company's existing certificate of incorporation.