Form 4: Victory Capital Holdings Director Karin Hirtler-Garvey Acquires Shares in Lieu of Fees

Karin Hirtler-Garvey, a director at Victory Capital Holdings, acquired 573 shares of common stock in lieu of quarterly director fees.

Summary

• On April 10, 2024, Karin Hirtler-Garvey, a director of Victory Capital Holdings, Inc. (VCTR), acquired 573 shares of common stock.
• The shares were issued in lieu of quarterly director fees of $25,000.
• The price per share was $43.58, based on the closing price of VCTR on April 10, 2024.
• Following the transaction, Ms. Hirtler-Garvey beneficially owns 37,945 shares of Victory Capital Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares, even in lieu of fees, can be seen as a sign of confidence. However, the impact is likely minimal.

Positives

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

Industry Context

Director share acquisitions are common and often viewed positively as they align the director's interests with those of the shareholders.

Related Party Transactions

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

Stakeholder Impact

• The transaction has a minimal impact on stakeholders.

Key Dates