Velocity Financial (NYSE: VEL) CEO has 23,171 shares withheld for taxes

Rhea-AI Filing Summary

Velocity Financial, Inc. reported an insider equity transaction involving Chief Executive Officer and director Christopher D. Farrar01/23/2026, 23,171 shares of common stock were withheld and retained by Velocity at $19.39 per share to cover tax liabilities arising from the vesting of previously granted restricted stock. After this tax withholding, Farrar is reported as beneficially owning 553,734 shares indirectly, held by a family trust, and 475,540 shares directly of Velocity common stock.

01/26/2026 - 07:12 PM

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

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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^*

Farrar Christopher D.

(Last) (First) (Middle)

C/O VELOCITY FINANCIAL, INC.

2945 TOWNSGATE ROAD, SUITE 110

(Street)

WESTLAKE VILLAGE CA 91361

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

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

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

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

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	01/23/2026		F(1)		23,171	D	$19.39	553,734	I	Held by family trust
Common Stock								475,540	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. Shares withheld and retained by Velocity as payment for tax liabilities resulting from the vesting of previously granted restricted stock.

Remarks:

Shares withheld and retained by Velocity as payment for tax liabilities resulting from the vesting of previously granted restricted stock.

	/s/ Roland T. Kelly, by power of attorney	01/26/2026
	** 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).
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FAQ

What insider transaction did Velocity Financial (VEL) report in this Form 4?

The filing reports that Chief Executive Officer and director Christopher D. Farrar had 23,171 shares of Velocity Financial common stock withheld and retained by the company to pay tax liabilities from the vesting of previously granted restricted stock.

At what price were the 23,171 Velocity Financial (VEL) shares withheld?

The 23,171 shares of Velocity Financial common stock were valued at $19.39 per share when they were withheld to satisfy tax obligations related to the vesting of restricted stock.

Why were shares withheld from the Velocity Financial (VEL) CEO?

According to the filing, the shares were withheld and retained by Velocity as payment for tax liabilities arising from the vesting of previously granted restricted stock awarded to Chief Executive Officer Christopher D. Farrar.

How many Velocity Financial (VEL) shares does the CEO hold indirectly after the transaction?

Following the reported transaction, Chief Executive Officer Christopher D. Farrar is shown as beneficially owning 553,734 shares indirectly of Velocity Financial common stock, held by a family trust.

How many Velocity Financial (VEL) shares does the CEO hold directly after the transaction?

The Form 4 shows that, in addition to the indirect holdings, Christopher D. Farrar beneficially owns 475,540 shares directly of Velocity Financial common stock following the reported transaction.

What role does Christopher D. Farrar have at Velocity Financial (VEL)?

Christopher D. Farrar is identified in the filing as both a Director and the Chief Executive Officer of Velocity Financial, Inc.