Form 4: Crestview Partners Acquires Victory Capital Holdings Shares in Lieu of Director Fees
SEC Form 4 Filing
Crestview Partners, through related entities, acquired 1,104 shares of Victory Capital Holdings stock in lieu of director fees payable to Robert V. Delaney Jr.
Summary
- Crestview Partners II GP, L.P., along with affiliated entities, reported changes in beneficial ownership of Victory Capital Holdings, Inc. shares.
- On April 10, 2024, Robert V. Delaney Jr., a director, received 1,104 shares of common stock under Victory Capital's 2018 Stock Incentive Plan in lieu of $48,125 in quarterly director fees.
- The shares were issued at a price of $43.58 per share, based on the closing price on April 10, 2024.
- Mr. Delaney assigned his rights to these shares to Crestview Advisors, L.L.C.
- Following the transaction, Crestview entities beneficially own 11,613,248 shares.
- Mr. Delaney also indirectly holds 349,764 shares through The 2007 Delaney Family LLC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing reflects ongoing transactions by major shareholders in publicly traded companies, which are routinely monitored by investors for insights into investor sentiment and potential strategic shifts.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of transaction: Acquisition of 1,104 shares of Victory Capital Holdings stock. |
| 04/11/2024 | Date of report filing. |
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