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

Mary M. Jackson, a director at Victory Capital Holdings, acquired 436 shares of common stock in lieu of $25,000 in director fees.

Summary

• On October 10, 2024, Mary M. Jackson, a director of Victory Capital Holdings, Inc., acquired 436 shares of common stock.
• The shares were issued in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $25,000.
• The price per share was $57.3, based on the closing price of the Company's shares on October 10, 2024.
• Following the transaction, Ms. Jackson beneficially owns 4,445 shares of Victory Capital Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. A director taking shares in lieu of cash is generally a positive sign, but it's a relatively small transaction.

Positives

• The director's decision to take shares in lieu of cash may signal confidence in the company's future performance.

Industry Context

Directors receiving equity in lieu of cash compensation is a common practice in the financial services industry, aligning their interests with those of shareholders.

Related Party Transactions

• The issuance of shares to Ms. Jackson in lieu of director fees is a related party transaction.

Stakeholder Impact

• The transaction has a minimal impact on shareholders, as it involves a small number of shares.
• It could be viewed positively as it aligns the director's interests with those of shareholders.

Key Dates