Velocity Financial (NYSE: VEL) CLO buys 858 ESPP shares

Rhea-AI Filing Summary

Velocity Financial, Inc. Chief Legal Officer Kelly Roland Thomas acquired 858 shares of common stock through the company’s employee stock purchase plan at $18.46 per share. After this routine ESPP transaction, Thomas directly holds 99,852 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kelly Roland Thomas

Role Chief Legal Officer and GC

Type	Security	Shares	Price	Value
Other	Common Stock	858	$18.46	$16K

Holdings After Transaction: Common Stock — 99,852 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

ESPP shares acquired: 858 shares ESPP purchase price: $18.46 per share Shares owned after transaction: 99,852 shares

3 metrics

ESPP shares acquired 858 shares Common Stock purchased through ESPP

ESPP purchase price $18.46 per share Price for ESPP common stock purchase

Shares owned after transaction 99,852 shares Direct common stock holdings after ESPP transaction

Key Terms

Employee Stock Purchase Plan, ESPP, Rule 16b-3(c), Common Stock

4 terms

Employee Stock Purchase Plan financial

"The shares were purchased through the Company's ESPP in a transaction exempt pursuant to Rule 16b-3(c)."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

ESPP financial

"The shares were purchased through the Company's ESPP in a transaction exempt pursuant to Rule 16b-3(c)."

An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.

Rule 16b-3(c) regulatory

"The shares were purchased through the Company's ESPP in a transaction exempt pursuant to Rule 16b-3(c)."

An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 05:58 PM Accepted by SEC EDGAR 06/30/2026 - 05:58 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).

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)
06/30/2026

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	06/30/2026		J(1)	V	858	A	$18.46	99,852	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 shares were purchased through the Company's ESPP in a transaction exempt pursuant to Rule 16b-3(c).

Remarks:

	/s/ Roland T. Kelly	06/30/2026
	** 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) report for Kelly Roland Thomas?

Velocity Financial reported that Chief Legal Officer Kelly Roland Thomas acquired 858 shares of common stock through the company’s employee stock purchase plan, a routine compensation-related transaction exempt under Rule 16b-3(c).

At what price were the new Velocity Financial (VEL) shares obtained in the ESPP?

The 858 Velocity Financial common shares were obtained at $18.46 per share through the company’s employee stock purchase plan, according to the Form 4 footnote describing the transaction as a purchase under the ESPP.

How many Velocity Financial (VEL) shares does Kelly Roland Thomas hold after this transaction?

Following the ESPP purchase, Chief Legal Officer Kelly Roland Thomas directly holds 99,852 shares of Velocity Financial common stock, as reported in the post-transaction ownership column of the Form 4 filing.

Was the Velocity Financial (VEL) insider trade an open-market buy or part of a plan?

The transaction was not an open-market trade. The Form 4 footnote states the 858 shares were purchased through Velocity Financial’s employee stock purchase plan in a transaction exempt under Rule 16b-3(c).

Who is the insider involved in the latest Velocity Financial (VEL) Form 4?

The insider is Kelly Roland Thomas, Chief Legal Officer and General Counsel of Velocity Financial, Inc., who reported an ESPP-related acquisition of 858 common shares and now directly owns 99,852 shares.