Victory Capital director gets stock fee grant
Rappaport Alan reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rappaport Alan reported acquisition or exercise transactions in this Form 4 filing.
Victory Capital Holdings director Alan Rappaport received a grant of 977 shares of common stock on April 10, 2026. The shares, valued at $67.79 each, were issued in lieu of various cash director and committee fees, so this is compensation rather than an open-market purchase.
After the grant, he directly holds 156,086 shares. An additional 298,861 shares are held indirectly by ADR Partners, an entity he controls; he formally disclaims beneficial ownership of those indirect shares except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 977 shares
Grant/Award
2 txns
Insider
Rappaport Alan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 977 | $67.79 | $66K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 156,086 shares (Direct);
Common Stock — 298,861 shares (Indirect, See Footnote)
Footnotes (2)
- F1. These shares of Common Stock were issued to Mr. Rappaport 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 and (ii) Mr. Rappaport's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $28,750 (iii) Mr. Rappaport's election in lieu of director fees for service as the chairperson of the Company's Compensation Committee payable in cash in the amount of $5,000 (iv) Mr. Rappaport's election in lieu of director fees for service as a member of the Company's Audit Committee payable in cash in the amount of $3,750. The price in each case is based on the closing price of the Company's shares on April 10, 2026.
- F2. These securities are held directly by ADR Partners, which is controlled by Mr. Rappaport. Mr. Rappaport disclaims beneficial ownership of the shares held by ADR Partners except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that Mr. Rappaport is the beneficial owner of the shares held by ADR Partners.
Key Figures
Shares granted: 977 shares
Grant price: $67.79 per share
Direct holdings after grant: 156,086 shares
+1 more
4 metrics
Shares granted
977 shares
Common Stock grant on April 10, 2026 as director fees
Grant price
$67.79 per share
Based on closing price on April 10, 2026
Direct holdings after grant
156,086 shares
Alan Rappaport direct ownership following the Form 4 transaction
Indirect holdings via ADR Partners
298,861 shares
Shares held by ADR Partners controlled by Rappaport
Key Terms
quarterly director fees, Compensation Committee, Audit Committee, pecuniary interest, +1 more
5 terms
quarterly director fees financial
"in lieu of quarterly director fees for service on the Company Board payable in cash"
Compensation Committee financial
"director fees for service as the chairperson of the Company's Compensation Committee payable in cash"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Audit Committee financial
"director fees for service as a member of the Company's Audit Committee payable in cash"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
beneficial ownership financial
"Mr. Rappaport disclaims beneficial ownership of the shares held by ADR Partners"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Alan Rappaport report at Victory Capital (VCTR)?
Alan Rappaport reported receiving 977 shares of Victory Capital common stock as compensation. The shares were granted instead of cash director and committee fees, reflecting a non-market, stock-based payment rather than an open-market purchase or sale.
Was Alan Rappaport’s Victory Capital (VCTR) transaction an open-market buy or a compensation grant?
The transaction was a compensation grant, not an open-market buy. Victory Capital issued 977 shares to Alan Rappaport in lieu of cash director and committee fees, converting scheduled cash payments into stock-based compensation.
What is ADR Partners’ role in Alan Rappaport’s Victory Capital (VCTR) holdings?
ADR Partners holds 298,861 Victory Capital shares indirectly associated with Alan Rappaport. He controls ADR Partners but disclaims beneficial ownership of those shares except to the extent of his pecuniary interest, according to the Form 4 footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
