SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.
Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.
| Insider | Role | Date | Transaction | Shares | Value |
|---|---|---|---|---|---|
| ROTTENBERG JULIE B | GENERAL COUNSEL | 2026-09-09 | Option exercise 10b5-1 | 1867 | $252K |
| ROTTENBERG JULIE B | GENERAL COUNSEL | 2026-09-09 | Open-market sell 10b5-1 | 1867 | $688K |
| MCINERNEY RYAN | Chief Executive Officer, Director | 2026-09-01 | Option exercise 10b5-1 | 5875 | $792K |
| MCINERNEY RYAN | Chief Executive Officer, Director | 2026-09-01 | Open-market sell 10b5-1 | 5875 | $2.2M |
| ROTTENBERG JULIE B | GENERAL COUNSEL | 2026-08-31 | Option exercise 10b5-1 | 2028 | $223K |
| ROTTENBERG JULIE B | GENERAL COUNSEL | 2026-08-31 | Open-market sell 10b5-1 | 2028 | $773K |
| MCINERNEY RYAN | Chief Executive Officer, Director | 2026-08-21 | Option exercise 10b5-1 | 5875 | $792K |
| MCINERNEY RYAN | Chief Executive Officer, Director | 2026-08-21 | Open-market sell 10b5-1 | 5875 | $2.2M |
| Taneja Rajat | PRESIDENT, TECHNOLOGY | 2026-08-21 | Open-market sell | 17927 | $6.7M |
| ANDRESKI PETER M | GBL CORP CONTROLLER, CAO | 2026-08-15 | Option exercise | 4170 | — |
| ANDRESKI PETER M | GBL CORP CONTROLLER, CAO | 2026-08-15 | Tax withholding | 1714 | $624K |
| Suh Chris | CHIEF FINANCIAL OFFICER | 2026-08-15 | Option exercise | 15289 | — |
| Suh Chris | CHIEF FINANCIAL OFFICER | 2026-08-15 | Tax withholding | 6992 | $2.5M |
| MAHON TULLIER KELLY | VICE CHAIR, CHF PPL & CORP AFF | 2026-07-30 | Option exercise | 37281 | $4.1M |
| MAHON TULLIER KELLY | VICE CHAIR, CHF PPL & CORP AFF | 2026-07-30 | Open-market sell | 37281 | $13.6M |
| MAHON TULLIER KELLY | VICE CHAIR, CHF PPL & CORP AFF | 2026-07-30 | Open-market sell | 19991 | $7.3M |
| ROTTENBERG JULIE B | GENERAL COUNSEL | 2026-07-02 | Option exercise 10b5-1 | 2027 | $223K |
| ROTTENBERG JULIE B | GENERAL COUNSEL | 2026-07-02 | Open-market sell 10b5-1 | 2027 | $730K |
| MCINERNEY RYAN | Chief Executive Officer, Director | 2026-07-01 | Option exercise 10b5-1 | 10490 | $1.2M |
| MCINERNEY RYAN | Chief Executive Officer, Director | 2026-07-01 | Open-market sell 10b5-1 | 8852 | $3.0M |
Fiscal period ending 2025-09-30 versus 2024-09-30 — view filing on EDGAR →
Regulatory and competitive risk has broadened materially, driven by AI/agentic commerce complexity, stablecoin disruption threats, and a newly disclosed litigation exposure tied to CRS initiatives. Macro headwinds are now explicitly linked to tariff escalation and trade retaliation as direct threats to payments volume, while geopolitical tensions are called out as a multiplier on regulatory burden. No meaningful risk easing is present — the changes are uniformly additive across four distinct themes.
1 company-specific · 4 common-mode
New explicit disclosure of litigation and investigation risk tied to CRS initiatives—anti-competitive, discriminatory, or unlawful allegations. Prior year lacked this specific legal exposure.
Our ability to adjust to evolving corporate responsibility and sustainability (CRS) matters and related regulations could adversely affect our business and financial results or negatively impact our…
New specific risks disclosed: agentic commerce regulatory uncertainty, cross-border transaction monitoring challenges, expanded jurisdictional examples, and escalated AI compliance complexity with concrete deployment risks.
Laws and regulations regarding the handling of personal data, including laws and regulations related to privacy, cybersecurity and AI, may impede our services or result in increased costs, legal…
New substantive disclosure of AI competitive risk and stablecoin regulatory framework threat. Escalates competitive pressure from emerging technologies and regulatory clarity enabling alternative payment disruption.
Business Risks We face intense competition in our industry. The global payments space is intensely competitive. As technology evolves and consumer expectations change, new competitors or methods of…
Added explicit tariff escalation risk, trade retaliation, government shutdowns, and retaliatory policies as material threats to international commerce and payments volume.
Global economic, political, market, health and social events or conditions may harm our business. More than half of our net revenue is earned outside the U.S. In addition, international cross-border…
Added explicit link between geopolitical tensions and increased regulatory quantity, complexity, scope. New substantive risk nexus disclosed.
ITEM 1A. Risk Factors Regulatory Risks We are subject to complex and evolving global regulations that could harm our business and financial results. As a global payments technology company, we are…
Visa issued an earnings release on July 28, 2026 announcing financial results for fiscal Q3 2026 ended June 30, 2026, disclosing GAAP net income of $5.6B ($2.97 per share), non-GAAP net income of $6.3B ($3.32 per share), net revenue of $11.6B (up 14%), and key business metrics including 10% payments volume growth and 10% processed transactions growth.
View raw filing on EDGAR →Visa's board of directors declared a quarterly cash dividend of $0.670 per share of class A common stock, payable on September 1, 2026, as part of the company's broader shareholder return program that returned $6.2B during the quarter through share repurchases and dividends.
View raw filing on EDGAR →Visa deposited $250 million into a litigation escrow account, triggering downward adjustments to conversion rates for class B-1, B-2, and B-3 common stock held by U.S. financial institutions. The filing explicitly states these conversion rate adjustments have "the same effect on earnings per share as repurchasing the Company's class A common stock," resulting in material dilution to the as-converted share counts (reduction of approximately 6,658 to 740,184 shares across the three classes). This is a dilutive capital event affecting shareholder equity and EPS, though the mechanism is conversion-rate adjustment rather than a traditional equity issuance.
View raw filing on EDGAR →