Form 4: Victory Capital Director Acquires Shares for Fees

Victory Capital Holdings Director Karin Hirtler-Garvey acquired 417 shares of common stock in lieu of cash director fees.

Summary

• Karin Hirtler-Garvey, a Director of Victory Capital Holdings, Inc. (VCTR), acquired 417 shares of common stock.
• The transaction occurred on January 12, 2026, at a price of $68.93 per share.
• These shares were issued in lieu of quarterly director fees, which amounted to $28,750 in cash equivalent.
• Following this transaction, Ms. Hirtler-Garvey beneficially owns 41,125 shares of Victory Capital Holdings common stock.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director choosing to receive compensation in stock rather than cash indicates confidence in the company's future and aligns their interests with shareholders.

Positives

• The director's decision to receive compensation in company stock rather than cash demonstrates alignment of interests with shareholders.
• Increased insider ownership can signal confidence in the company's future performance.

Future Outlook

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

Industry Context

The practice of compensating directors with company stock is a common strategy across various industries to align the interests of board members with those of shareholders, fostering a long-term perspective on company performance.

Comparison to Industry Standards

• Many publicly traded companies, particularly in the financial services sector, offer directors the option to receive all or a portion of their compensation in company equity. This aligns director incentives with shareholder value creation, a widely accepted best practice in corporate governance.
• This transaction is consistent with common industry practices for director compensation, aiming to foster long-term commitment and shared financial interest.

Related Party Transactions

• The issuance of common stock to Director Karin Hirtler-Garvey in lieu of cash for quarterly director fees constitutes a related party transaction, as it involves compensation between the company and a member of its board of directors.

Stakeholder Impact

• Shareholders: The transaction may be viewed positively as it increases director ownership, aligning the director's financial interests more closely with those of the shareholders.

Key Dates

Keywords

VCTR, Victory Capital Holdings, Insider Transaction, Form 4, Director Compensation, Stock Acquisition, Corporate Governance