Nina Gupta, the chief legal officer of Victory Capital Holdings, Inc. (VCTR +1.28%), reported a non-discretionary disposition of 9,732 shares of common stock on August 5, according to a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $973,000 |
| Shares sold (directly held) | 9,732 |
| Post-transaction shares (directly held) | 245,350 |
| Post-transaction value | $24.5 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
- Does this transaction represent a discretionary exit from the stock?
No, the disposition was non-discretionary and executed automatically to fulfill tax withholding requirements upon the vesting of restricted…
