Victory Capital Holdings, Inc. (VCTR) EVP has 5,625 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Victory Capital Holdings, Inc. Executive Vice President Thomas Michael Sipp had 5,625 shares of common stock withheld by the company on June 15, 2026 to cover withholding taxes on restricted shares granted on June 15, 2025. The shares were settled at $85.97 per share, leaving him with 97,823 shares held directly. This was an issuer tax-withholding disposition rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sipp Thomas Michael
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 5,625 | $85.97 | $484K |
Holdings After Transaction:
Common Stock — 97,823 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld: 5,625 shares
Net settlement price: $85.97 per share
Shares owned after transaction: 97,823 shares
+2 more
5 metrics
Shares withheld
5,625 shares
Shares of common stock withheld to satisfy withholding taxes
Net settlement price
$85.97 per share
Closing stock price on June 15, 2026 used for tax withholding
Shares owned after transaction
97,823 shares
Directly held Victory Capital common shares following tax withholding
Restricted share grant date
June 15, 2025
Date restricted shares were granted to Thomas Michael Sipp
Restricted share vesting date
June 15, 2026
Date restricted shares vested, triggering tax withholding
Key Terms
withholding taxes, restricted shares, net settlement price, Disposition to issuer
4 terms
withholding taxes financial
"Represents shares withheld by VCTR to satisfy withholding taxes due in connection"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
net settlement price financial
"The net settlement price was the closing stock price on June 15, 2026"
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did VCTR executive Thomas Michael Sipp report?
Thomas Michael Sipp reported an issuer disposition where 5,625 Victory Capital (VCTR) shares were withheld by the company. The shares covered withholding taxes due upon vesting of previously granted restricted stock, making this a compensation-related, non-open-market event.