Global Stock News

Victory Capital Hit a Stock-Price Target in Months. Here’s What the CFO’s Latest Insider Filing Shows

Victory Capital Hit a Stock-Price Target in Months. Here’s What the CFO’s Latest Insider Filing Shows

Michael Dennis Policarpo, President, CFO & CAO of Victory Capital Holdings, Inc. (VCTR +1.28%), reported a non-discretionary sale of 33,453 shares of Common Stock on August 5, totaling $3.3 million, according to an SEC Form 4 filing.

Transaction summary

Metric Value
Transaction value $3.3 million
Shares sold (directly held) 33,453
Post-transaction shares (directly held) 1,234,577
Post-transaction value $123.42 million

Transaction value based on SEC Form 4 weighted average sale price ($99.97); post-transaction value based on the August 5 market close ($99.97).

Key questions

  • What was the nature of this transaction?
    This was a non-discretionary disposition where 33,453 shares were withheld to satisfy tax withholding obligations triggered by the vesting…

Source link

Share this article

Scroll to Top