Victory Capital director receives 311 share award
Davanzo Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Davanzo Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Victory Capital Holdings director Lawrence Davanzo received a grant of 311 shares of common stock on July 10, 2026, as quarterly board fees paid in stock instead of $28,750 cash, valued using the $92.24 closing price per share. After this award he holds 1,587 shares directly. A revocable trust for Lawrence and Christine Davanzo, where he serves as trustee, holds 190,812 shares; he disclaims beneficial ownership of those trust shares except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 311 shares
Grant/Award
2 txns
Insider
Davanzo Lawrence
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 311 | $92.24 | $29K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,587 shares (Direct);
Common Stock — 190,812 shares (Indirect, See Footnote)
Footnotes (2)
- F1. These shares of Common Stock were issued to Mr. Davanzo at the Company's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $28,750. The price is based on the closing price of the Company's shares on July 10, 2026.
- F2. These securities are held directly by the Lawrence E. Davanzo and Christine Davanzo Revocable Trust, of which Mr. Davanzo serves as trustee. Mr. Davanzo disclaims beneficial ownership of the shares held by the Lawrence E. Davanzo and Christine Davanzo Revocable Trust except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that Mr. Davanzo is the beneficial owner of the shares held by the Lawrence E. Davanzo and Christine Davanzo Revocable Trust.
Key Figures
Director stock grant: 311.0000 shares
Cash fees replaced by stock: $28,750
Grant valuation price: 92.2400 per share
+3 more
6 metrics
Director stock grant
311.0000 shares
Common stock granted to Lawrence Davanzo on July 10, 2026 as director fees
Cash fees replaced by stock
$28,750
Quarterly director fees paid in stock at company election instead of cash
Grant valuation price
92.2400 per share
Closing price of Victory Capital shares on July 10, 2026 used for the grant
Direct holdings after grant
1587.0000 shares
Total common shares held directly by Lawrence Davanzo following the transaction
Trust holdings
190812.0000 shares
Common shares held by the Lawrence E. Davanzo and Christine Davanzo Revocable Trust
Transaction date
July 10, 2026
Date of the director stock grant and valuation price used
Key Terms
Grant, award, or other acquisition, revocable trust, beneficial ownership, pecuniary interest
4 terms
Grant, award, or other acquisition financial
"Transaction code description notes a 'Grant, award, or other acquisition' of common stock"
revocable trust financial
"These securities are held directly by the Lawrence E. Davanzo and Christine Davanzo Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
beneficial ownership financial
"Mr. Davanzo disclaims beneficial ownership of the shares held by the revocable trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"He disclaims beneficial ownership except to the extent of his pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock award did Victory Capital (VCTR) report for Lawrence Davanzo?
Victory Capital reported that director Lawrence Davanzo received 311 shares of common stock on July 10, 2026 as a stock grant for quarterly board fees, replacing $28,750 of cash compensation and valued at the $92.24 closing share price.
Was the Victory Capital (VCTR) Davanzo transaction a market purchase or compensation grant?
The transaction was a compensation grant, not an open-market purchase. Davanzo received 311 shares of common stock as the company elected to pay his quarterly director fees of $28,750 in stock, using the July 10, 2026 closing share price.
What indirect Victory Capital (VCTR) holdings are associated with Lawrence Davanzo?
A revocable trust for Lawrence and Christine Davanzo holds 190,812 shares of Victory Capital common stock. Davanzo serves as trustee and disclaims beneficial ownership of those trust shares except to the extent of his pecuniary interest in the trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
