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

Director Alan Rappaport increased his holdings in Victory Capital Holdings by acquiring 1,225 shares of common stock in lieu of director fees.

Summary

• On April 10, 2025, Alan Rappaport, a director of Victory Capital Holdings, Inc., acquired 1,225 shares of common stock at a price of $54.06 per share.
• The acquisition was made in lieu of quarterly director fees, including fees for service on the Company Board and as chairperson/member of the Compensation and Audit Committees.
• Following the transaction, Mr. Rappaport directly owns 152,144 shares of common stock and indirectly owns 298,861 shares through ADR Partners.
• Mr. Rappaport disclaims beneficial ownership of the shares held by ADR Partners except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: Neutral sentiment as the transaction is a routine director share acquisition in lieu of fees. It doesn't strongly indicate positive or negative outlook.

Positives

• Director's decision to take equity in lieu of cash may signal confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company directors and officers.

Comparison to Industry Standards

• Monitoring insider transactions is a common practice in financial analysis.
• Comparing the trading activity of Victory Capital Holdings' directors with those of similar asset management firms (e.g., BlackRock, T. Rowe Price) can provide insights into the relative confidence levels of insiders in their respective companies.
• However, this transaction is relatively small and may not be indicative of a larger trend.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It may slightly increase shareholder confidence if viewed as a positive signal from a company director.

Key Dates

Keywords

Victory Capital Holdings, Director, Share Acquisition, Form 4, VCTR, Alan Rappaport, Director Fees, ADR Partners