Form 4: Director Davanzo Transfers VCTR Shares to Trust

Victory Capital Holdings Director Lawrence Davanzo transferred 21,342 shares of common stock to a revocable trust for no consideration.

Summary

• Lawrence Davanzo, a Director of Victory Capital Holdings, Inc. (VCTR), reported a change in beneficial ownership.
• On September 30, 2025, Mr. Davanzo transferred 21,342 shares of VCTR common stock.
• The transfer was made to the Lawrence E. Davanzo and Christine Davanzo Revocable Trust.
• The transaction occurred for no consideration, indicating a gift or internal transfer rather than a sale.
• Following this transaction, Mr. Davanzo directly owns 0 shares of common stock.
• Mr. Davanzo indirectly beneficially owns 190,812 shares through the Lawrence E. Davanzo and Christine Davanzo Revocable Trust, where he serves as trustee.
• Mr. Davanzo disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The filing reports a factual, non-market transaction (transfer to a trust for no consideration) by an insider, which is neutral in terms of company performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction filing (Form 4) reporting a change in beneficial ownership for a director. It reflects a personal estate planning decision and does not provide insights into broader industry trends or competitive positioning for Victory Capital Holdings, Inc.

Related Party Transactions

• Lawrence Davanzo, a Director, transferred shares to the Lawrence E. Davanzo and Christine Davanzo Revocable Trust, of which he serves as trustee. This represents a transaction with an entity controlled by a related party.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a personal estate planning transaction by a director and does not involve a market sale or significant change in overall beneficial ownership structure for the company.

Key Dates

Keywords

Victory Capital Holdings, VCTR, Lawrence Davanzo, Insider Transaction, Form 4, Stock Transfer, Trust, Director