VCTR.NASDAQVictory Capital Holdings, INC

Form 4: Victory Capital Holdings Executive Nina Gupta Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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Nina Gupta, Chief Legal Officer of Victory Capital Holdings, reports the disposal of 17,856 shares to cover tax obligations related to vesting restricted shares.

Summary

  • On March 15, 2024, Nina Gupta, Chief Legal Officer of Victory Capital Holdings, Inc. (VCTR), disposed of 17,856 shares of common stock.
  • The shares were withheld by VCTR to satisfy withholding taxes due in connection with the vesting of restricted shares granted to Ms. Gupta on March 15, 2021, 2022, and 2023.
  • The restricted shares vested on March 15, 2024, and the net settlement price was $40.16 per share.
  • Following the transaction, Ms. Gupta directly owns 174,204 shares of Victory Capital Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vesting restricted stock, a common form of executive compensation.

Key Dates

DateDescription
03/15/2021Date of grant of certain restricted shares to Ms. Gupta.
03/15/2022Date of grant of certain restricted shares to Ms. Gupta.
03/15/2023Date of grant of certain restricted shares to Ms. Gupta.
03/15/2024Date of vesting of restricted shares and transaction date.
03/19/2024Date of signature on the Form 4 filing.

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