Rappaport Alan 4

4 · Victory Capital Holdings, Inc. · Filed Apr 14, 2026

AI-generated summary of this filing

Updated Apr 14, 2026

Victory Capital (VCTR) Director Alan Rappaport Receives 977 Shares

What Happened

Alan Rappaport, a director of Victory Capital Holdings, received 977 shares of common stock on April 10, 2026. The shares were issued at $67.79 per share for a total value of about $66,231. This was an issuance (award/acquisition) of shares in lieu of cash director fees, not an open-market purchase or sale.

Key Details

Transaction date and price: April 10, 2026 — 977 shares at $67.79 each (total ≈ $66,231).
Consideration: Shares were issued in lieu of cash director fees (footnote details show elections replacing fees totaling cash equivalents of $28,750 + $28,750 + $5,000 + $3,750).
Holding: The reported shares are held directly by ADR Partners, an entity controlled by Mr. Rappaport; he disclaims beneficial ownership of ADR Partners’ shares except to the extent of his pecuniary interest (per footnote).
Filing timeliness: Form 4 was filed April 14, 2026. The filing appears timely (within the two business-day reporting window following the April 10 transaction).
Transaction code: A (award/grant/acquisition) — this is a non-market issuance rather than a purchase or sale.

Context

Issuances in lieu of fees are routine corporate actions that convert cash compensation into equity; they do not necessarily signal a personal bullish or bearish trade by the insider.
Because the shares were issued to an entity Mr. Rappaport controls (ADR Partners) and he disclaims beneficial ownership except for pecuniary interest, the filing reflects the entity holding, not necessarily direct personal ownership.

Form 4

Period: 2026-04-10

Director

Transactions

Holdings

Footnotes (2)

[F1]These shares of Common Stock were issued to Mr. Rappaport 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 and (ii) Mr. Rappaport's election in lieu of quarterly director fees for service on the Company Board payable in cash in the amount of $28,750 (iii) Mr. Rappaport's election in lieu of director fees for service as the chairperson of the Company's Compensation Committee payable in cash in the amount of $5,000 (iv) Mr. Rappaport's election in lieu of director fees for service as a member of the Company's Audit Committee payable in cash in the amount of $3,750. The price in each case is based on the closing price of the Company's shares on April 10, 2026.
[F2]These securities are held directly by ADR Partners, which is controlled by Mr. Rappaport. Mr. Rappaport disclaims beneficial ownership of the shares held by ADR Partners except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that Mr. Rappaport is the beneficial owner of the shares held by ADR Partners.

Signature

/s/ Nina Gupta, attorney-in-fact for Mr. Rappaport|2026-04-14

1 file