Victory Capital (VCTR) director receives stock instead of cash fees
Rhea-AI Filing Summary
Victory Capital Holdings, Inc. reported that entities affiliated with Crestview Partners received 435 shares of common stock on October 10, 2025 under the company’s 2018 Stock Incentive Plan. These shares were issued to director Robert V. Delaney Jr. in lieu of a quarterly cash director fee of $28,750, based on the closing share price of $65.98 on that date, and Mr. Delaney assigned all rights in the shares to Crestview Advisors, L.L.C. After the reported transaction, Crestview-related entities reported indirect beneficial ownership of 4,095,006 shares, plus additional indirect holdings through Delaney family entities. The amendment also corrects previously reported ownership figures and notes that the reporting persons ceased to be 10% owners as of August 20, 2025.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 435 | $65.98 | $29K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Footnotes (6)
- F1. Reflects the issuance of 435 shares of Common Stock under the Issuer's 2018 Stock Incentive Plan (the "Plan") to Robert V. Delaney Jr. in lieu of quarterly director fees for service on the Issuer's Board of Directors payable in cash to Mr. Delaney in the amount of $28,750. The price is based on the closing price of the Company's shares on October 10, 2025. Mr. Delaney has assigned all rights, title and interest in the shares issued to him to Crestview Advisors, L.L.C.
- F2. Includes shares held by Crestview Victory, L.P. and Crestview Advisors, L.L.C. Crestview Partners II GP, L.P. ("Crestview GP") exercises voting and dispositive power over shares held by Crestview Victory, L.P. Decisions by Crestview GP to vote or dispose of such shares require the approval of a majority of the members of its investment committee and the chairman of the investment committee.
- F3. Mr. Delaney is a member of the Issuer's board of directors, and is an indirect member of each of Crestview, L.L.C. (which is the general partner of Crestview GP) and Crestview Advisors, L.L.C. (which provides investment advisory and management services to certain Crestview entities).
- F4. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.
- F5. Reflects shares indirectly held by Mr. Delaney through The 2007 Delaney Family LLC, an entity which Mr. Delaney controls.
- F6. Reflects shares indirectly held by Mr. Delaney through The 2010 Delaney Family LLC, an entity which Mr. Delaney controls.
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FAQ
What insider transaction did Victory Capital (VCTR) disclose in this Form 4/A?
The filing discloses that entities affiliated with Crestview Partners received 435 shares of Victory Capital common stock on October 10, 2025. The shares were issued under the company’s 2018 Stock Incentive Plan to director Robert V. Delaney Jr. in lieu of his quarterly cash director fee and then assigned to Crestview Advisors, L.L.C.
How is Robert V. Delaney Jr. connected to the Crestview entities in relation to Victory Capital?
The filing states that Robert V. Delaney Jr. is a member of Victory Capital’s board of directors and an indirect member of Crestview, L.L.C., the general partner of Crestview Partners II GP, L.P., and of Crestview Advisors, L.L.C., which provides investment advisory and management services to certain Crestview entities.
Why was this Victory Capital Form 4/A filed as an amendment?
The remarks section explains that this amendment corrects Column 5 of Table I and reflects that the reporting persons ceased to be 10% owners effective as of August 20, 2025. It updates previously reported ownership information.