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

Richard DeMartini, a director at Victory Capital Holdings, acquired 670 shares of common stock in lieu of director fees, increasing his direct holdings to 200,479 shares.

Summary

• Richard M. DeMartini, a director of Victory Capital Holdings, Inc., acquired 670 shares of common stock on April 10, 2025.
• The shares were issued in lieu of quarterly director fees and fees for service on the Nominating, Governance and Sustainability Committee and Compensation Committee.
• The price per share was $54.06, based on the closing price on April 10, 2025.
• Following the transaction, DeMartini directly owns 200,479 shares of common stock.
• He also has indirect ownership of 27,841 shares through his spouse and 572,801 shares through The DeMartini 2018 Childrens Trust, a family trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction of a director receiving shares as part of their compensation.

Positives

• Director's acquisition of shares demonstrates confidence in the company.
• The use of shares in lieu of cash preserves company cash flow.

Industry Context

Directors often receive equity as part of their compensation, aligning their interests with those of shareholders. This is a common practice in the financial services industry.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with theirs.

Key Dates

Keywords

Victory Capital Holdings, Director, Share Acquisition, Richard DeMartini, Director Fees, Common Stock, VCTR