Director Schaefer of Velocity Financial (NYSE: VEL) returns shares to company

Rhea-AI Filing Summary

Velocity Financial, Inc. director Joy L. Schaefer reported a disposition of common stock back to the company. On May 26, 2026, she transferred 3,603 shares of common stock to the issuer at $17.17 per share under a transaction coded as a disposition to issuer.

Following this transaction, Schaefer directly owns 40,798 shares of Velocity Financial common stock, showing she retains a meaningful equity position even after returning shares to the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schaefer Joy L.

Role null

Type	Security	Shares	Price	Value
Disposition	Common Stock	3,603	$17.17	$62K

Holdings After Transaction: Common Stock — 40,798 shares (Direct, null)

Footnotes (1)

Key Figures

Shares disposed: 3,603 shares Disposition price: $17.17 per share Shares owned after: 40,798 shares

3 metrics

Shares disposed 3,603 shares Common Stock disposed to issuer on May 26, 2026

Disposition price $17.17 per share Price for Common Stock disposition to issuer

Shares owned after 40,798 shares Director’s direct holdings following the transaction

Key Terms

Disposition to issuer, Common Stock, Form 4

3 terms

Disposition to issuer financial

"transaction_code_description: "Disposition to issuer""

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.

Form 4 regulatory

"INSIDER FILING DATA (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.

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Schaefer Joy L.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

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	05/26/2026		D		3,603	D	$17.17	40,798	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:

Remarks:

	/s/ Roland T. Kelly, by power of attorney	05/26/2026
	** 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)

FAQ

What insider transaction did Velocity Financial (VEL) disclose?

Velocity Financial disclosed that director Joy L. Schaefer disposed of shares back to the company. She transferred 3,603 shares of common stock to the issuer at $17.17 per share, classified as a “Disposition to issuer” rather than an open-market trade.

How many Velocity Financial (VEL) shares did Joy L. Schaefer dispose of?

Joy L. Schaefer disposed of 3,603 shares of Velocity Financial common stock. The transaction was executed at a price of $17.17 per share and was reported as a disposition to the issuer, meaning the shares were returned directly to the company.

How many Velocity Financial (VEL) shares does Joy L. Schaefer own after the filing?

After the reported transaction, Joy L. Schaefer directly owns 40,798 shares of Velocity Financial common stock. This post-transaction holding shows she retained a significant personal stake in the company despite returning some shares to the issuer.

Was Joy L. Schaefer’s Velocity Financial (VEL) transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 describes it as a “Disposition to issuer” with transaction code D, meaning the 3,603 shares of common stock were transferred back to Velocity Financial rather than sold on the open market.

What does transaction code D mean in the Velocity Financial (VEL) Form 4?

In this Form 4, transaction code D stands for a “Disposition to issuer.” It indicates that Joy L. Schaefer returned 3,603 shares of Velocity Financial common stock directly to the company, instead of selling them through market transactions to third-party buyers.