Velocity Financial (NYSE: VEL) CLO sells 1,600 shares in July trade

Rhea-AI Filing Summary

Velocity Financial, Inc. Chief Legal Officer and General Counsel Kelly Roland Thomas reported an open-market sale of common stock. On July 1, 2026, he sold 1,600 shares at a weighted average price of $18.5685 per share in multiple trades between $18.355 and $18.72. After this transaction, Thomas directly holds 98,252 shares of Velocity Financial common stock.

Insider Trade Summary 10b5-1

Net Seller: 1,600 shares ($29,710)

Net Sell 1 txn

Insider Kelly Roland Thomas

Role Chief Legal Officer and GC

Sold 1,600 shs ($30K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,600	$18.5685	$30K

Holdings After Transaction: Common Stock — 98,252 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 1,600 shares Weighted average sale price: $18.5685 per share Trade price range: $18.355 to $18.72 per share +2 more

5 metrics

Shares sold 1,600 shares Open-market sale on July 1, 2026

Weighted average sale price $18.5685 per share Common stock sale on July 1, 2026

Trade price range $18.355 to $18.72 per share Multiple transactions comprising the 1,600-share sale

Shares owned after transaction 98,252 shares Direct holdings after July 1, 2026 sale

Net shares sold 1,600 shares Net buy/sell direction reported as net-sell

Key Terms

open-market sale, weighted average price, Form 4, Common Stock

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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.

Form 4 regulatory

"within the ranges set forth in footnote (1) to this Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 11:51 AM Accepted by SEC EDGAR 07/06/2026 - 11:50 AM Learn about SEC filing dates

FAQ

What insider transaction did Velocity Financial (VEL) disclose for Kelly Roland Thomas?

Velocity Financial reported that Chief Legal Officer Kelly Roland Thomas sold 1,600 shares of common stock in an open-market transaction on July 1, 2026. The filing details price ranges and remaining holdings after the sale.

How many Velocity Financial (VEL) shares did the insider sell and at what price?

Kelly Roland Thomas sold 1,600 shares of Velocity Financial common stock. The weighted average sale price was $18.5685 per share, with individual trades executed between $18.355 and $18.72, according to the Form 4 footnote.

How many Velocity Financial (VEL) shares does Kelly Roland Thomas own after the sale?

Following the July 1, 2026 transaction, Kelly Roland Thomas directly holds 98,252 shares of Velocity Financial common stock. This post-transaction balance is reported in the Form 4 under total shares following the transaction.

Was the Velocity Financial (VEL) insider transaction an open-market sale?

Yes. The Form 4 classifies the transaction as an open-market sale of common stock, coded as “S” with the description “Sale in open market or private transaction,” confirming it was a standard sale rather than an option exercise or gift.

Does the Velocity Financial (VEL) Form 4 mention multiple trade prices for the insider sale?

Yes. A footnote explains that the reported $18.5685 price is a weighted average. The 1,600 shares were sold in multiple trades at prices ranging from $18.355 to $18.72, and detailed trade data is available upon request.

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)
07/01/2026

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	07/01/2026		S		1,600	D	$18.5685(1)	98,252	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 $18.355 to $18.72. 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	07/06/2026
	** 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)