Velocity Financial legal chief sells $28.8K in stock

Rhea-AI Filing Summary

Velocity Financial, Inc. (VEL) reported that Chief Legal Officer and General Counsel Kelly Roland Thomas sold common stock in an open-market transaction pursuant to a Rule 10b5-1 trading plan. On 2026-09-01, Thomas sold 1,600 shares at a weighted average price of $18.00 per share, leaving 98,139 shares of common stock held directly.

Insider Trade Summary 10b5-1

Net Seller: 1,600 shares

Net Sell 1 txn

Insider Kelly Roland Thomas

Role Chief Legal Officer and GC

Sold 1,600 shs ($29K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	1,600	$18.00	$29K

Holdings After Transaction: Common Stock — 98,139 shares (Direct)

Footnotes (1)

1. F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.00. The reporting person undertakes to provide the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Key Figures

Shares sold: 1,600 shares Weighted average sale price: $18.00 per share Approximate transaction value: $28,800 +1 more

4 metrics

Shares sold 1,600 shares Common Stock sold on 2026-09-01 by Kelly Roland Thomas

Weighted average sale price $18.00 per share Open-market sale of Common Stock on 2026-09-01

Approximate transaction value $28,800 1,600 shares sold at $18.00 per share

Shares owned after transaction 98,139 shares Direct ownership of Kelly Roland Thomas following sale

Key Terms

Rule 10b5-1, weighted average price, open market or private transaction

3 terms

Rule 10b5-1 regulatory

"The transaction was affirmed under a Rule 10b5-1 trading plan"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"Sale in open market or private transaction"

FAQ

What insider transaction did VEL report for Kelly Roland Thomas?

VEL reported that Kelly Roland Thomas, Chief Legal Officer and GC, sold 1,600 shares of common stock on 2026-09-01 in an open-market transaction at a weighted average price of $18.00 per share, and now holds 98,139 shares directly.

At what price were the VEL shares sold in this Form 4 filing?

The reported sale by Kelly Roland Thomas used a weighted average price of $18.00 per share. The filing states the shares were sold in multiple transactions at prices ranging from $18.00 to $18.00 per share.

How many VEL shares does Kelly Roland Thomas hold after this sale?

After selling 1,600 shares, Kelly Roland Thomas holds 98,139 shares of VEL common stock directly, as reported in the Form 4 for the transaction dated 2026-09-01.

Was the VEL insider sale made under a Rule 10b5-1 trading plan?

Yes. The Form 4 indicates the transaction was made under a Rule 10b5-1 trading plan, as reflected by the checked Rule 10b5-1 box for this filing.

What is the total dollar value of the VEL shares sold by Kelly Roland Thomas?

Based on 1,600 shares sold at a weighted average price of $18.00 per share, the reported transaction represents approximately $28,800 in gross sale proceeds.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/01/2026 - 07:20 PM Accepted by SEC EDGAR 09/01/2026 - 07:19 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kelly Roland Thomas

(Last) (First) (Middle)

C/O VELOCITY FINANCIAL, INC.

2945 TOWNSGATE ROAD, SUITE 110

(Street)

WESTLAKE VILLAGE CALIFORNIA 91361

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Velocity Financial, Inc. [ VEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer and GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/01/2026		S		1,600	D	$18(1)	98,139	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.00. The reporting person undertakes to provide the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Remarks:

	/s/ Roland T. Kelly	09/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)