Mannik S. Dhillon, president of investment franchises and solutions and head of ETFs for Victory Capital Holdings, disposed of 6,452 shares on August 5 to cover tax liabilities from the vesting of performance-based restricted stock. The vesting was triggered by the Compensation Committee's approval of the first of four stock price performance hurdles established in March 2026. Following the transaction, Dhillon directly holds 307,686 shares valued at approximately $30.76 million and also retains 49,171 derivative securities. Victory Capital's ETF assets climbed 54% over the past year to $23.2 billion, contributing to record quarterly revenue of $435 million.
Victory Capital Holdings IncInsider sale to cover tax on vesting is routine, not a signal; ETF growth and record revenue are positive but not the focus.
