Victory Capital director receives stock fees
Victory Capital Holdings director Lawrence Davanzo received 417 shares of common stock on January 12, 2026 as payment of quarterly board fees.
Rhea-AI Filing Summary
Victory Capital Holdings director Lawrence Davanzo received 417 shares of common stock on January 12, 2026 as payment of quarterly board fees. The company elected to pay his $28,750 cash director fee in stock, using the closing share price of $68.93 on that date to determine the number of shares. After this grant, he directly held 852 shares of Victory Capital common stock. In addition, 190,812 shares are held indirectly by the Lawrence E. Davanzo and Christine Davanzo Revocable Trust, where he serves as trustee and disclaims beneficial ownership except to the extent of his pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 417 | $68.93 | $29K |
| holding | Common Stock | -- | -- | -- |
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 January 12, 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.
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