I believe that is correct.
D-76 package contents weigh 415g, so a stock solution contains 415g/3.8L = 109.21 g/L. And a 1:1 dilution to working strength contains 54.6 g/L of D-76
So your desired 500mL working solution needs to contain half that amount of D-76, or 27.3 g.
Your "stock" solution contains 415g/4 L, or 103.75 g/L
The volume of your "stock" solution needed to deliver the target amount of 27.3 g/500 mL is:
27.3 g [1000mL / 103.75 g] = 263.13 mL
You probably ought to get another opinion, though; it's early here, and I am under-caffeinated.
Edit: I previously wrote "236.13 mL" - now edited to what I intended to write" 263.13 mL