Rappaport Alan 4

What Happened

• Alan Rappaport, a director of Victory Capital Holdings, received an award of 718 shares of common stock on July 10, 2026. The shares were issued at a price of $92.24 per share for a total value of approximately $66,228. This issuance represents stock issued in lieu of cash director fees, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-07-10; 718 shares at $92.24 each (total ≈ $66,228).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote highlights:
  • F1: Shares were issued in lieu of quarterly director fees totaling cash-equivalent elections: $28,750 + $28,750 + $5,000 + $3,750 (based on the July 10 closing price).
  • F2: The securities are held directly by ADR Partners, which Mr. Rappaport controls; he disclaims beneficial ownership except to the extent of his pecuniary interest.
• Filing timeliness: Report filed on 2026-07-14 covering a 2026-07-10 transaction (filed four days after the transaction); Form 4s are typically due within two business days, so this appears later than the common reporting deadline.

Context

• This transaction is a compensation-related issuance (director fees converted to stock). Such awards are routine for board compensation and do not necessarily signal the director buying shares on the open market. No options were exercised and no sales were reported in this filing.