Victory Capital Holdings, Inc: director Alan Rappaport received 597 shares

What happened The Form 4 filed Oct 14, 2026 reports that Alan Rappaport, a director of Victory Capital Holdings, Inc., received 597 shares of common stock at $110.95 per share on Oct 12, 2026, for $66,237.

Key details

• Transaction date and price: Oct 12, 2026 — 597 shares at $110.95 per share.
• Filing date: Oct 14, 2026.
• Shares owned after the transaction: not disclosed in the filing excerpt provided.
• Footnote F1: the shares were issued in lieu of quarterly director fees and committee fees totaling (i) $28,750, (ii) $28,750, (iii) $5,000, and (iv) $3,750; the price is based on the closing price on Oct 12, 2026.
• Footnote F2: the 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.

Why it may matter The filing shows an issuance of shares in lieu of cash director and committee fees rather than a market purchase or sale. The securities are held by an entity controlled by the director, with a disclaimer of beneficial ownership as described in the filing. A filing does not show why the insider traded or why the company acted.