Mannik S. Dhillon, president of investment franchises & solutions and head of ETFs for Victory Capital Holdings, Inc. (VCTR +1.28%), disposed of 6,452 shares of common stock on August 5, according to a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $645,000 |
| Shares sold | 6,452 |
| Post-transaction shares (directly held) | 307,686 |
| Post-transaction value | $30.76 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 share disposal?
The transaction was a non-discretionary disposition of 6,452 shares to cover tax liabilities associated with the vesting of performance-based restricted stock and does…
