Visa Inc. Submits Matters for Security Holder Vote
Ticker: V · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1403161
| Field | Detail |
|---|---|
| Company | Visa INC. (V) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: V
TL;DR
Visa's asking shareholders to vote on something important. Details TBD.
AI Summary
On January 28, 2025, Visa Inc. filed an 8-K report with the SEC. The filing indicates that the company is submitting matters to a vote of its security holders. No specific details regarding the nature of the vote or the matters to be voted on were provided in this initial filing.
Why It Matters
This filing signals that Visa Inc. is preparing to seek shareholder approval for certain corporate actions, which could impact the company's governance or strategic direction.
Risk Assessment
Risk Level: low — The filing is procedural and does not disclose specific financial or operational risks at this time.
Key Players & Entities
- Visa Inc. (company) — Registrant
- January 28, 2025 (date) — Date of earliest event reported
- 001-33977 (other) — Commission File Number
- 26-0267673 (other) — IRS Employer Identification No.
FAQ
What specific matters will Visa Inc. security holders be voting on?
The provided 8-K filing does not specify the exact matters to be submitted for a vote by security holders.
When is the anticipated date for the security holders' vote?
The filing does not mention a specific date for the vote, only that matters are being submitted for a vote.
What is the Commission File Number for Visa Inc.?
Visa Inc.'s Commission File Number is 001-33977.
In which jurisdiction is Visa Inc. incorporated?
Visa Inc. is incorporated in Delaware.
What is the principal executive office address for Visa Inc.?
The principal executive office address for Visa Inc. is P.O. Box 8999, San Francisco, California, 94128-8999.
Filing Stats: 872 words · 3 min read · ~3 pages · Grade level 7.7 · Accepted 2025-01-29 16:32:31
Key Financial Figures
- $0.0001 — stered Class A Common Stock, par value $0.0001 per share V New York Stock Exchange 1.
Filing Documents
- v-20250128.htm (8-K) — 99KB
- v-20250128_g1.jpg (GRAPHIC) — 15KB
- 0001403161-25-000010.txt ( ) — 295KB
- v-20250128.xsd (EX-101.SCH) — 3KB
- v-20250128_def.xml (EX-101.DEF) — 7KB
- v-20250128_lab.xml (EX-101.LAB) — 29KB
- v-20250128_pre.xml (EX-101.PRE) — 18KB
- v-20250128_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The 2025 Annual Meeting of Shareholders of Visa Inc. (the "Company") was held on January 28, 2025, and the shareholders of the Company's Class A common stock voted on seven proposals that are described in detail in the Company's definitive proxy statement, dated December 9, 2024. Set forth below are the matters the shareholders voted on and the final voting results. Proposal 1: Election of eleven director nominees: Nominee Votes For % For Votes Against % Against Abstentions Broker Non-Votes Lloyd A. Carney 1,314,268,065 98.25 % 23,276,918 1.74 % 1,351,198 137,483,977 Kermit R. Crawford 1,323,271,071 98.93 % 14,259,070 1.06 % 1,366,040 137,483,977 Francisco Javier Fernndez-Carbajal 1,300,811,280 97.38 % 34,935,582 2.61 % 3,149,319 137,483,977 Ramon Laguarta 1,320,895,924 98.76 % 16,578,987 1.23 % 1,421,270 137,483,977 Teri L. List 1,327,715,781 99.26 % 9,867,220 0.73 % 1,313,180 137,483,977 John F. Lundgren 1,302,818,180 97.47 % 33,740,041 2.52 % 2,337,960 137,483,977 Ryan McInerney 1,334,286,019 99.75 % 3,257,269 0.24 % 1,352,893 137,483,977 Denise M. Morrison 1,312,714,505 98.13 % 24,886,808 1.86 % 1,294,868 137,483,977 Pamela Murphy 1,324,052,027 98.98 % 13,547,613 1.01 % 1,296,541 137,483,977 Linda J. Rendle 1,321,368,076 98.79 % 16,169,959 1.20 % 1,358,146 137,483,977 Maynard G. Webb, Jr. 1,313,233,094 98.18 % 24,292,563 1.81 % 1,370,524 137,483,977 Each of the eleven nominees was elected to the Board of Directors, each to hold office until the next annual meeting of shareholders and until his or her successor has been duly elected or until his or her earlier resignation or removal. Proposal 2: Approval, on an advisory basis, of compensation paid to the Company's named executive officers: Number of Votes Percentage Votes For: 1,230,798,215 91.92 % Votes Against: 101,983,354 7.61 % Abstentions: 6,114,612 0.45 % Broker Non-Votes: 137,483,977 The proposal was approved. P
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VISA INC. Date: January 29, 2025 By: /s/ Kelly Mahon Tullier Kelly Mahon Tullier Vice Chair, Chief People and Corporate Affairs Officer, and Corporate Secretary