Velocity Financial (NYSE: VEL) grants EVP stock and PSUs for 2028

Rhea-AI Filing Summary

Velocity Financial, Inc. reported that Executive VP, Capital Markets Jeffrey T. Taylor received equity awards on January 15, 2026. He was granted 19,132 shares of common stock as restricted stock at $19.60 per share, increasing his directly held common shares to 174,345. He was also granted 19,132 Performance Stock Units (PSUs) at the same grant date, bringing his PSU balance to 193,477.

The restricted stock vests in equal annual installments over three years from the grant date. The PSUs are subject to forfeiture and will vest from 0% to 200% of the granted amount after fiscal year-end 2028, based on Velocity’s average annual performance as measured by Core Net Income Annual Growth for fiscal years 2026, 2027 and 2028.

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^*

Taylor Jeffrey T.

(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)
	Executive VP, Capital Markets

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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	01/15/2026		A(1)		19,132	A	$19.6	174,345	D
Performance Stock Units	01/15/2026		A(2)	V	19,132	A	$19.6	193,477	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. Acquisition of restricted stock subject to annual vesting ratably over three years from grant date.

2. Grant of Performance Stock Units. Under the terms of the grant, 100% of the PSUs are subject to forfeiture based on Velocity's average annual performance as measured by Core Net Income Annual Growth for fiscal years 2026, 2027 and 2028 with potential vesting of 0 to 200% of the granted PSUs following fiscal year end 2028.

Remarks:

	/s/ Roland T. Kelly, by power of attorney	01/16/2026
	** 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 shows that Executive VP, Capital Markets Jeffrey T. Taylor received grants of 19,132 shares of common stock and 19,132 Performance Stock Units (PSUs) on January 15, 2026.

How many Velocity Financial (VEL) common shares does the executive own after this grant?

After the reported grant, Jeffrey T. Taylor beneficially owns 174,345 shares of common stock directly.

What are the vesting terms of the restricted stock granted to the Velocity Financial executive?

The 19,132 restricted shares of common stock are subject to annual vesting ratably over three years from the grant date.

How are the Performance Stock Units (PSUs) at Velocity Financial structured?

The 19,132 PSUs may vest from 0% to 200% of the granted amount after fiscal year-end 2028, based on Velocity’s average annual Core Net Income Annual Growth for fiscal years 2026, 2027 and 2028.

Was this a purchase or a grant of Velocity Financial (VEL) shares?

These were grants of equity awards to an executive, reported with transaction code A for an acquisition of common stock and Performance Stock Units, not an open-market purchase or sale.

Does the Form 4 indicate indirect ownership or use of another entity for these Velocity Financial awards?

The awards are reported as held directly (D) by Jeffrey T. Taylor, with no separate indirect ownership entity disclosed in the provided excerpt.