VEL Form 4: CFO Mark R. Szczepaniak Lists Sale; Direct 1,572, Indirect 53,255

Rhea-AI Filing Summary

Velocity Financial, Inc. (VEL) Form 4 disclosure: Chief Financial Officer Mark R. Szczepaniak reported transactions in the company’s common stock on 08/12/2025. The filing lists a transaction code "S" (sale) with a reported price of $18. After the reported activity the form shows 1,572 shares held directly and 53,255 shares held indirectly (held through family trust). The filing also lists a separate disposal of 106,412 shares. The Form 4 was signed by power of attorney Roland T. Kelly on 08/12/2025.

Positive

• Insider transactions disclosed publicly, supporting transparency
• Ownership split disclosed (1,572 direct; 53,255 indirect held through family trust)

Negative

• CFO reported share disposals including a listed 106,412-share disposal, indicating insider selling activity

Insights

Securities Analyst

TL;DR: Routine insider sale by the CFO reported; disclosure shows direct and indirect holdings and a large listed disposal.

The filing documents an insider sale (transaction code "S") by CFO Mark R. Szczepaniak on 08/12/2025 at a reported price of $18. The form reports 1,572 shares directly held and 53,255 shares indirectly held via a family trust, alongside a listed disposal of 106,412 shares. This is a compliance disclosure that notifies investors of insider activity but does not, by itself, provide context on materiality relative to company market capitalization or reason for the sale.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 reporting norms; signed by power of attorney, noting governance process usage.

The Form 4 identifies the reporting person as CFO and indicates the document was executed by a power of attorney (Roland T. Kelly). It records insider sale activity and the split between direct and indirect ownership (family trust). From a governance perspective, timely public reporting of officer transactions supports transparency, though the filing does not explain purpose of the sale or whether it was pursuant to a trading plan.

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).

X

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)
08/12/2025

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	08/12/2025		S		1,572	D	$18	53,255	I	Held through family trust
Common Stock								106,412	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	08/12/2025
	** 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 transactions did the Velocity Financial (VEL) Form 4 report?

The Form 4 reports an insider sale (code S) on 08/12/2025 at a reported price of $18, and lists a 106,412-share disposal along with post-transaction holdings.

Who filed the Form 4 for VEL and what is their role?

The filing identifies Mark R. Szczepaniak as the reporting person and lists his role as Chief Financial Officer (officer).

How many shares does the reporting person hold after the transaction?

The form shows 1,572 shares held directly and 53,255 shares held indirectly (noted as held through a family trust) following the reported transaction(s).

Was the Form 4 signed and by whom?

Yes. The Form 4 was signed on 08/12/2025 by /s/ Roland T. Kelly, by power of attorney.

What price is reported for the transaction on the VEL Form 4?

The transaction is reported at a price of $18.