Dhillon Mannik S. 4
4 · Victory Capital Holdings, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Victory Capital (VCTR) President Dhillon Withholds 7,746 Shares for Taxes
What Happened
- Dhillon Mannik S., President Investment Franchise at Victory Capital Holdings (VCTR), had 7,746 shares withheld on March 15, 2026 to satisfy withholding taxes related to the vesting of restricted shares. The shares were recorded at $66.67 each for a total value of $516,426 (disposition reported as code F).
Key Details
- Transaction date: 2026-03-15; Report filed: 2026-03-16 (timely).
- Price/amount: 7,746 shares × $66.67 = $516,426 (net settlement used closing price on March 13, 2026).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Withholding covers taxes on restricted shares granted on March 15, 2023, 2024 and 2025 that vested on March 15, 2026 (net settlement price = closing price 3/13/2026).
- Transaction code F = tax withholding/cashless settlement to satisfy tax liabilities (not an open-market sale for liquidity).
Context
- This was a tax-withholding/net settlement related to vested restricted shares (a routine corporate payroll/compensation action), not an indicator of a discretionary insider sale or purchase decision.
- For retail investors, tax withholdings on vesting are common and should not be read as a directional bet by the insider.
Insider Transaction Report
Form 4
Dhillon Mannik S.
President Investment Franchise
Transactions
- Tax Payment
Common Stock
[F1]2026-03-15$66.67/sh−7,746$516,426→ 281,249 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. Dhillon 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. Dhillon|2026-03-16