Brown David Craig 4
Research Summary
AI-generated summary
Victory Capital (VCTR) CEO David Brown Receives 101,994-Share Award
What Happened
David Craig Brown, Chairman and CEO of Victory Capital Holdings, received an award of 101,994 shares of common stock on March 15, 2026. The grant is reported at $66.67 per share for a total grant value of $6,799,940. This was an equity award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: March 15, 2026; filing date: March 16, 2026 (timely filed).
- Price basis reported: $66.67 per share (based on the closing price on March 13, 2026).
- Total shares granted: 101,994; total reported value: $6,799,940.
- Vesting: The shares vest in three equal annual installments of 33,998 shares on March 15 of 2027, 2028 and 2029 (subject to certain exceptions).
- Shares owned after the transaction: not specified in the provided filing summary.
- No 10b5-1 plan or tax-withholding cashless-exercise language is noted in the provided footnotes.
Context
This is a compensation-related equity grant that will vest over three years, so it reflects executive compensation rather than an immediate market buy or sell signal. Because the award is subject to multi-year vesting, the shares are not fully transferable immediately and do not necessarily indicate near-term trading intent.