DEMARTINI RICHARD M 4
4 · Victory Capital Holdings, Inc. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Victory Capital (VCTR) Director Richard DeMartini Receives 534 Shares
What Happened Richard M. DeMartini, a director of Victory Capital Holdings, received an award/acquisition of 534 shares of the company's common stock on April 10, 2026. The shares were issued at a price of $67.79 per share (total value ≈ $36,200) and represent stock issued in lieu of cash director fees rather than an open-market purchase.
Key Details
- Transaction date: April 10, 2026; Form 4 filed April 14, 2026 (filing appears timely).
- Transaction type/code: A — award/grant or other acquisition.
- Shares: 534 shares issued at $67.79 per share; aggregate value ≈ $36,200.
- Reason: Issued in lieu of quarterly director fees and committee fees (see footnote for breakdown).
- Footnote F1: The shares replace cash director fees: $28,750 (board fees), $5,000 (chair of Nominating/Governance/Sustainability Committee), and $2,500 (Compensation Committee). Price based on the April 10, 2026 closing price.
- Footnote F2: Includes shares held by The DeMartini 2018 Childrens Trust (the reporting person has investment control; spouse is trustee); the reporting person disclaims beneficial ownership except for pecuniary interest.
- Shares owned after the transaction: Not specified in the provided filing.
Context This was a routine issuance of stock in lieu of cash director compensation — a common form of non-cash pay for board members. Such grants are compensation-related and do not necessarily signal the director buying or selling based on a view of the company's near-term prospects.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-10$67.79/sh+534$36,200→ 273,671 total
- 27,841(indirect: By Spouse)
Common Stock
- 572,801(indirect: See Footnote)
Common Stock
[F2]
Footnotes (2)
- [F1]These shares of Common Stock were issued to Mr. DeMartini at: (i) the Company's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $28,750 (ii) Mr. DeMartini's election in lieu of director fees for service as the chairperson of the Company's Nominating, Governance and Sustainability Committee payable in cash in the amount of $5,000 and (iii) Mr. DeMartini's election in lieu of director fees for service Compensation Committee payable in cash in the amount of $2,500. The price is based on the closing price of the Company's shares on April 10, 2026.
- [F2]Includes Common Stock Shares held by The DeMartini 2018 Childrens Trust, a family trust in which the Reporting Person's spouse serves as the trustee and the Reporting Person has investment control. These shares were received pursuant to exempt prorata distributions from DeMartini Investors, L.P., of which The DeMartini 2018 Childrens Trust is a limited partner. The Reporting Person disclaims beneficial ownership of these Common Stock Shares except to the extent of his pecuniary interest therein.