Form 4: Victory Capital Holdings Director Richard DeMartini Reports Changes in Beneficial Ownership

Richard DeMartini, a director at Victory Capital Holdings, reported the acquisition and disposal of common stock, as well as holdings by a family trust.

Summary

• On July 10, 2024, Richard DeMartini, a director of Victory Capital Holdings, Inc., reported changes in his beneficial ownership of the company's common stock.
• He acquired 598 shares of common stock at $48 per share in lieu of quarterly director fees and fees for serving as chairperson of the Nominating, Governance and Sustainability Committee.
• He also disposed of 598 shares of common stock.
• DeMartini indirectly owns 27,841 shares through his spouse and 643,532 shares through The DeMartini 2018 Childrens Trust, a family trust where his spouse is the trustee and he has investment control.
• He disclaims beneficial ownership of the shares held by the family trust except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing detailing stock transactions by a company director. The acquisition of shares could be seen as mildly positive, but it's not a significant event.

Positives

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

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates