Form 4: Victory Capital Holdings Director Acquires Shares in Lieu of Fees

Lawrence Davanzo, a director at Victory Capital Holdings, acquired 531 shares of common stock in lieu of quarterly director fees.

Summary

• On April 10, 2025, Lawrence Davanzo, a director of Victory Capital Holdings, acquired 531 shares of common stock.
• The shares were issued in lieu of quarterly director fees totaling $28,750, equating to a price of $54.06 per share.
• Following the transaction, Mr. Davanzo directly owns 20,908 shares of common stock.
• He also indirectly owns 169,470 shares through the Lawrence E. Davanzo and Christine Davanzo Revocable Trust, for which he serves as trustee.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction of a director receiving shares as compensation. It doesn't indicate any major positive or negative outlook for the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction reflects a director's compensation structure and investment in the company.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Victory Capital Holdings, Director, Share Acquisition, Form 4, VCTR, Davanzo, Director Fees, Common Stock