Velocity (NYSE: VEL) CFO has 4,255 shares withheld for taxes on vesting

Rhea-AI Filing Summary

Velocity Financial, Inc. Chief Financial Officer Mark R. Szczepaniak reported a Form 4 transaction involving company common stock. On 01/13/2026, 4,255 shares of Velocity common stock were withheld and retained by the company at a price of $18.70 per share to cover tax liabilities from the vesting of previously granted restricted stock, rather than being sold on the open market. After this tax withholding, Szczepaniak beneficially owned 99,194 shares directly and 51,502 shares indirectly through a family trust.

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^*

Szczepaniak Mark R

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

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	01/13/2026		F(1)		4,255	D	$18.7	99,194	D
Common Stock								51,502	I	Held through a family trust

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:

	/s/ Roland T. Kelly, by power of attorney	01/15/2026
	** 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.

FAQ

What insider transaction did Velocity Financial (VEL) disclose?

Velocity Financial disclosed that its Chief Financial Officer, Mark R. Szczepaniak, had 4,255 shares of common stock withheld on 01/13/2026 as payment for tax liabilities arising from the vesting of previously granted restricted stock.

At what price were the Velocity Financial (VEL) shares withheld for taxes?

The 4,255 shares of Velocity Financial common stock were withheld at a price of $18.70 per share to cover the officer’s tax obligations tied to restricted stock vesting.

How many Velocity Financial (VEL) shares does the CFO own after the reported transaction?

Following the reported transaction, Chief Financial Officer Mark R. Szczepaniak beneficially owned 99,194 shares of Velocity common stock directly and 51,502 shares indirectly through a family trust.

Was the Velocity Financial (VEL) CFO’s Form 4 transaction an open market sale?

No. The filing states that the shares were withheld and retained by Velocity as payment for tax liabilities related to the vesting of previously granted restricted stock, rather than being sold on the open market.

What role does the reporting person hold at Velocity Financial (VEL)?

The reporting person on the Form 4, Mark R. Szczepaniak, serves as the Chief Financial Officer of Velocity Financial, Inc.

How are some of the Velocity Financial (VEL) shares held by the CFO structured?

In addition to directly held shares, the Form 4 reports 51,502 shares of Velocity common stock held indirectly through a family trust.