Victory Capital Holdings (VCTR) director paid board fees in stock
Rhea-AI Filing Summary
Victory Capital Holdings, Inc. director Richard M. DeMartini reported receiving 525 shares of common stock on January 12, 2026. The shares were issued at $68.93 each instead of cash director fees, covering quarterly board fees of $28,750 and additional committee chair fees totaling $7,500. After this transaction, he directly holds 273,137 common shares. He also reports indirect ownership of 27,841 shares held by his spouse and 572,801 shares held through The DeMartini 2018 Childrens Trust, a family trust where his spouse is trustee and he has investment control, while he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 525 | $68.93 | $36K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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 January 12, 2026. 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.
FAQ
What insider transaction did Victory Capital (VCTR) report for Richard DeMartini?
Director Richard M. DeMartini reported the acquisition of 525 shares of Victory Capital common stock on January 12, 2026. The shares were issued instead of paying certain director fees in cash.
What is the nature of Richard DeMartini’s indirect ownership in Victory Capital (VCTR)?
Indirect holdings include common stock held by his spouse and by The DeMartini 2018 Childrens Trust. The trust is a family trust where his spouse serves as trustee and he has investment control, and he disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.
Does this Victory Capital Form 4 involve a Rule 10b5-1 trading plan?
The form includes a checkbox for transactions made under a Rule 10b5-1(c) plan, but the provided content does not indicate that this particular acquisition was made under such a plan.