Visa Inc. Files 2024 Proxy Statement

Ticker: V · Form: DEF 14A · Filed: Dec 9, 2024 · CIK: 1403161

Visa INC. DEF 14A Filing Summary
FieldDetail
CompanyVisa INC. (V)
Form TypeDEF 14A
Filed DateDec 9, 2024
Risk Levellow
Pages14
Reading Time17 min
Key Dollar Amounts$35.9B, $19.7B, $20.4B, $9.73, $10.05
Sentimentneutral

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: V

TL;DR

Visa's proxy statement is out, detailing exec pay & board picks for FY25. Vote wisely!

AI Summary

Visa Inc. filed its DEF 14A proxy statement on December 9, 2024, for the fiscal year ending September 30, 2025. The filing details executive compensation, board nominations, and other corporate governance matters. Key individuals mentioned include Kelly and Mclnerney, with compensation data spanning fiscal years 2021 through 2024.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation and board composition, enabling informed voting decisions on corporate governance proposals.

Risk Assessment

Risk Level: low — This is a routine annual filing providing information to shareholders and does not inherently present new risks.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, or Definitive Proxy Statement, is used by companies to solicit proxies from shareholders for their annual or special meetings, providing details on matters to be voted upon, such as director elections and executive compensation.

When is Visa Inc.'s fiscal year end?

Visa Inc.'s fiscal year ends on September 30th, as indicated by the filing.

Who are some of the key individuals mentioned in relation to compensation data?

The filing mentions individuals associated with the names Kelly and Mclnerney in the context of compensation data spanning fiscal years 2021 through 2024.

What is the filing date of this DEF 14A for Visa Inc.?

This DEF 14A filing for Visa Inc. was filed on December 9, 2024.

What is the SEC file number for Visa Inc.'s DEF 14A?

The SEC file number for Visa Inc.'s DEF 14A is 001-33977.

Filing Stats: 4,262 words · 17 min read · ~14 pages · Grade level 15.3 · Accepted 2024-12-09 06:55:49

Key Financial Figures

Filing Documents

Executive Compensation

Executive Compensation 54 Proposal 2 – Approval, on an Advisory Basis, of the Compensation Paid to Our Named Executive Officers 54 Compensation Discussion and Analysis 55 Executive Summary 55 Compensation Philosophy and Objectives 59 Setting Executive Compensation 60 Fiscal Year 2024 Compensation 62 Other Compensation Practices and Policies 75 Compensation Committee Report 76

Executive Compensation Tables

Executive Compensation Tables 77 Summary Compensation Table for Fiscal Year 2024 77 Grants of Plan-Based Awards in Fiscal Year 2024 80 Outstanding Equity Awards at 2024 Fiscal Year-End 82 Option Exercises and Stock Vested for Fiscal Year 2024 85 Pension Benefits for Fiscal Year 2024 85 Non-Qualified Deferred Compensation for Fiscal Year 2024 87 Employment Arrangements and Potential Payments upon Termination or Change of Control 90 CEO Pay Ratio 95 Pay versus Performance 96 Audit Matters 100 Proposal 3 – Ratification of the Appointment of KPMG LLP 100 Independent Registered Public Accounting Firm Fees 101 Pre-Approval Policies 101 Report of the Audit and Risk Committee 102 Shareholder Proposals 103 Proposal 4 – Shareholder Proposal on Gender-Based Compensation Gaps and Associated Risks 103 Proposal 5 – Shareholder Proposal Requesting a Report on Policy on Merchant Category Codes 106 Proposal 6 – Shareholder Proposal Requesting Adoption of a New Director Election Resignation Governance Guideline 108 Proposal 7 – Shareholder Proposal on Transparency in Lobbying 111 Stock Ownership Information 115 Beneficial Ownership of Equity Securities 115 Delinquent Section 16(a) Reports 116 Equity Compensation Plan Information 116 Voting and Meeting Information 118 Information About Solicitation and Voting 118 Other Information 123 Shareholder Nominations and Proposals for 2026 Annual Meeting 123 Shareholders Sharing the Same Address 124 Fiscal Year 2024 Annual Report and SEC Filings 124 Appendix A: Non-GAAP Financial Information A1 2025 Proxy Statement 3 Table of Contents About Visa Visa is one of the world's leaders in digital payments. Our purpose is to uplift everyone, everywhere by being the best way to pay and be paid. We facilitate global commerce and money movement across more than 200 countries and territories among a global set of consumers,

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