Victory Capital director granted 534 shares in fees
DEMARTINI RICHARD M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DEMARTINI RICHARD M reported acquisition or exercise transactions in this Form 4 filing.
Victory Capital Holdings director Richard M. DeMartini received 534 shares of Common Stock as a stock award in lieu of cash director fees. The award, valued at $36,250 based on a price of $67.79 per share, represents fees for Board and committee service. Following this grant, he directly holds 273,671 shares. Additional indirect holdings include 27,841 shares held by his spouse and 572,801 shares held through The DeMartini 2018 Childrens Trust, where he has investment control but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 534 shares
Grant/Award
3 txns
Insider
DEMARTINI RICHARD M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 534 | $67.79 | $36K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 273,671 shares (Direct);
Common Stock — 27,841 shares (Indirect, By Spouse);
Common Stock — 572,801 shares (Indirect, See Footnote)
Footnotes (2)
- F1. These shares of Common Stock were issued to Mr. DeMartini at: (i) 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 (ii) Mr. DeMartini's election in lieu of director fees for service as the chairperson of the Company's Nominating, Governance and Sustainability Committee payable in cash in the amount of $5,000 and (iii) Mr. DeMartini's election in lieu of director fees for service Compensation Committee payable in cash in the amount of $2,500. The price is based on the closing price of the Company's shares on April 10, 2026.
- F2. Includes Common Stock Shares held by The DeMartini 2018 Childrens Trust, a family trust in which the Reporting Person's spouse serves as the trustee and the Reporting Person has investment control. These shares were received pursuant to exempt prorata distributions from DeMartini Investors, L.P., of which The DeMartini 2018 Childrens Trust is a limited partner. The Reporting Person disclaims beneficial ownership of these Common Stock Shares except to the extent of his pecuniary interest therein.
Key Figures
Stock award shares: 534 shares
Implied award value: $36,250
Grant price: $67.79 per share
+5 more
8 metrics
Stock award shares
534 shares
Common Stock granted in lieu of director fees on April 10, 2026
Implied award value
$36,250
Director and committee fees satisfied in stock instead of cash
Grant price
$67.79 per share
Based on Victory Capital closing price on April 10, 2026
Direct holdings after grant
273,671 shares
Common Stock directly held by Richard M. DeMartini
Spousal indirect holdings
27,841 shares
Common Stock held indirectly, nature of ownership: By Spouse
Trust indirect holdings
572,801 shares
Common Stock held via The DeMartini 2018 Childrens Trust
Board fee component
$28,750
Quarterly director fees for Board service paid in stock
Committee fees in stock
$7,500
$5,000 chair fee plus $2,500 Compensation Committee fee
Key Terms
Grant, award, or other acquisition, director fees, prorata distributions, limited partner, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
director fees financial
"in lieu of quarterly director fees for service on the Company Board"
prorata distributions financial
"These shares were received pursuant to exempt prorata distributions from DeMartini Investors, L.P."
limited partner financial
"of which The DeMartini 2018 Childrens Trust is a limited partner."
A limited partner is an investor in a pooled investment vehicle—such as a private equity, venture capital, or real estate fund—who provides capital but does not take part in day‑to‑day management and whose financial responsibility is capped at the amount invested. For investors, being a limited partner matters because it defines how much control they have, how much risk they bear, and how returns are distributed; think of a limited partner as a silent co‑owner who shares in profits and losses while leaving operations to the fund managers.
pecuniary interest financial
"disclaims beneficial ownership of these Common Stock Shares except to the extent of his pecuniary interest therein."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Victory Capital (VCTR) report for Richard M. DeMartini?
Victory Capital reported that director Richard M. DeMartini received 534 shares of Common Stock as a stock award. The shares were issued instead of cash director fees for Board and committee service, reflecting routine equity-based compensation rather than an open-market purchase.
How was the value of Richard DeMartini’s Victory Capital stock award determined?
The 534-share stock award to Richard DeMartini was valued using a price of $67.79 per share. That price was based on Victory Capital’s closing share price on April 10, 2026, resulting in director fee compensation totaling $36,250 delivered in stock rather than cash.
What director fees were converted into Victory Capital stock for Richard DeMartini?
Richard DeMartini elected to receive stock instead of cash for several director fees: $28,750 for Board service, $5,000 for chairing the Nominating, Governance and Sustainability Committee, and $2,500 for Compensation Committee service. These amounts together were satisfied through the 534-share stock issuance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
