Form 4: Victory Capital Holdings Director Receives Stock in Lieu of Fees

Karin Hirtler-Garvey, a director at Victory Capital Holdings, acquired 531 shares of common stock in lieu of quarterly director fees.

Summary

• On April 10, 2025, Karin Hirtler-Garvey, a director of Victory Capital Holdings, Inc. (VCTR), acquired 531 shares of common stock.
• The shares were issued in lieu of quarterly director fees totaling $28,750.
• The price per share was $54.06, based on the closing price of VCTR on April 10, 2025.
• Following the transaction, Ms. Hirtler-Garvey directly owns 39,839 shares of Victory Capital Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction of a director receiving stock in lieu of fees. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The director's acceptance of stock in lieu of cash fees demonstrates confidence in the company's value.

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, especially in smaller or growth-oriented companies, as it aligns their interests with those of shareholders and conserves cash.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it's a small number of shares issued to a director.

Key Dates

Keywords

Victory Capital Holdings, Director, Stock Acquisition, Form 4, VCTR, Insider Transaction, Director Fees