Policarpo Michael Dennis 4
4 · Victory Capital Holdings, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
VCTR President/CFO Policarpo Michael Dennis Withholds 28,031 Shares
What Happened
- Policarpo Michael Dennis, President, CFO & CAO of Victory Capital Holdings (VCTR), had 28,031 restricted shares withheld by the company to satisfy withholding taxes tied to the vesting of restricted shares. The shares were valued at $66.67 each for a total of $1,868,827.
Key Details
- Transaction date: 2026-03-15; Form 4 filed: 2026-03-16 (appears timely).
- Price used: $66.67 per share; total value: $1,868,827.
- Transaction code: F (payment of exercise price or tax liability — share withholding).
- Footnote: Withheld shares satisfied taxes on restricted shares granted March 15, 2023, 2024 and 2025 that vested March 15, 2026; net settlement price was the closing price on March 13, 2026.
- Shares owned after the transaction: not specified in the provided filing.
Context
- This was a tax-withholding (net settlement) on vested restricted stock — a routine administrative transaction, not an open-market sale. Such withholdings are common and do not necessarily signal insider sentiment about the stock.
Insider Transaction Report
Form 4
Policarpo Michael Dennis
President, CFO & CAO
Transactions
- Tax Payment
Common Stock
[F1]2026-03-15$66.67/sh−28,031$1,868,827→ 1,132,021 total
Footnotes (1)
- [F1]Represents shares withheld by VCTR to satisfy withholding taxes due in connection with the vesting of certain restricted shares granted to Mr. Policarpo on March 15, 2023, 2024 and 2025. Such restricted shares vested on March 15, 2026. The net settlement price was the closing stock price on March 13, 2026.
Signature
/s/ Nina Gupta, attorney-in-fact for Mr. Policarpo|2026-03-16