Stock grants lift Victory Capital (VCTR) EVP’s holdings to 103,448 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sipp Thomas Michael reported acquisition or exercise transactions in this Form 4 filing.
Victory Capital Holdings, Inc. Executive Vice President Thomas Michael Sipp reported stock-based compensation in the form of two grants of Common Stock. He was awarded 39,748 shares and 14,999 shares at a reference price of $66.67 per share, increasing his direct holdings to 103,448 shares.
The 39,748-share award is scheduled to vest in equal installments on each of March 15, 2027, 2028 and 2029, subject to certain exceptions. The 14,999-share award is scheduled to vest in equal installments on each of March 15, 2027, 2028, 2029 and 2030, also subject to certain exceptions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sipp Thomas Michael
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,748 | $66.67 | $2.65M |
| Grant/Award | Common Stock | 14,999 | $66.67 | $1000K |
Holdings After Transaction:
Common Stock — 88,449 shares (Direct)
Footnotes (1)
- Subject to certain exceptions, the shares of Common Stock vest as to 39,748 aggregate shares in equal installments on each of March 15, 2027, 2028 and 2029. The price is based on the closing price of the Company's shares on March 13, 2026. Subject to certain exceptions, the shares of Common Stock vest as to 14,999 aggregate shares in equal installments on each of March 15, 2027, 2028, 2029 and 2030.
FAQ
What insider transaction did Victory Capital (VCTR) disclose for Thomas Michael Sipp?
Victory Capital reported that Executive Vice President Thomas Michael Sipp received two stock grants totaling 54,747 shares of Common Stock as compensation. These awards are scheduled to vest over multiple years, increasing his equity stake and aligning incentives with long-term company performance.
At what price were Thomas Michael Sipp’s Victory Capital (VCTR) stock awards valued?
Both grants were valued using a reference price of about $66.67 per share, based on Victory Capital’s closing share price on March 13, 2026. This price is used to determine the reported fair value of the compensation awards in the filing.
Are Thomas Michael Sipp’s Victory Capital (VCTR) stock awards open-market purchases or compensation grants?
The disclosed transactions are compensation-related stock grants, not open-market purchases. They are classified as grants or awards of Common Stock, with structured vesting over several years, rather than discretionary buying or selling of shares in the market.