Davanzo Lawrence 4

What Happened
Lawrence Davanzo, a director of Victory Capital Holdings, was issued 424 shares of common stock on April 10, 2026 (an "A" — award/acquisition transaction). The shares were issued at $67.79 per share (based on the April 10, 2026 closing price), for a total value of approximately $28,743. This issuance was made in lieu of quarterly director cash fees.

Key Details

• Transaction date: April 10, 2026; Filing date: April 14, 2026 (appears later than the standard 2-business-day Form 4 deadline).
• Price: $67.79 per share; Total value reported on the Form 4: ~$28,743 (the footnote states the cash amount in lieu was $28,750).
• Shares received: 424 shares (award/grant/acquisition code A).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes of note:
  • F1: Shares issued to Mr. Davanzo at the company’s election instead of quarterly director cash fees; price based on the April 10 close.
  • F2: The shares are held directly by the Lawrence E. Davanzo and Christine Davanzo Revocable Trust; Mr. Davanzo disclaims beneficial ownership except to the extent of any pecuniary interest.

Context
This was an award of stock in lieu of cash compensation for board service — a common non-market acquisition for directors and not an open-market purchase. Such grants are routine compensation and do not in themselves indicate the insider is buying or selling shares on a market-driven basis.