Velocity (NYSE: VEL) CEO family trust has 64,705 shares withheld

Rhea-AI Filing Summary

Velocity Financial, Inc. reported that a family trust associated with Chief Executive Officer Christopher D. Farrar had 64,705 shares of common stock withheld on January 28, 2026 at $20.22 per share. The shares were retained by Velocity to cover tax liabilities from vesting performance stock units.

After this tax-withholding transaction, the family trust held 630,779 shares indirectly, while Farrar also held 404,665 shares directly.

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)
01/28/2026

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	01/28/2026		F(1)		64,705	D	$20.22	630,779	I	Held by family trust
Common Stock								404,665	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 PSUs.

Remarks:

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

	/s/ Roland T. Kelly, by power of attorney	01/29/2026
	** 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.
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FAQ

What insider transaction did Velocity Financial (VEL) report on January 28, 2026?

Velocity Financial reported that a family trust associated with CEO Christopher D. Farrar had 64,705 common shares withheld on January 28, 2026. The company retained these shares to satisfy tax liabilities arising from the vesting of previously granted performance stock units.

How many Velocity Financial shares were withheld for CEO tax liabilities?

Velocity Financial withheld 64,705 shares of common stock at $20.22 per share from a family trust associated with CEO Christopher D. Farrar. These shares were retained to pay tax obligations triggered by vesting of previously granted performance stock units, rather than being sold on the open market.

What is Christopher D. Farrar’s indirect shareholding in Velocity Financial after this Form 4?

Following the reported transaction, a family trust associated with CEO Christopher D. Farrar held 630,779 Velocity Financial common shares indirectly. This reflects the position after 64,705 shares were withheld and retained by the company to cover tax liabilities from vesting performance stock units.

How many Velocity Financial shares does the CEO hold directly after the reported transaction?

After the January 28, 2026 transaction, Christopher D. Farrar held 404,665 shares of Velocity Financial common stock directly. This direct holding is in addition to 630,779 shares held indirectly through a family trust, as disclosed in the Form 4 filing.

Was the Velocity Financial Form 4 transaction a market sale of shares?

The Form 4 describes shares withheld and retained by Velocity Financial, not an open-market sale. The 64,705 common shares were used to satisfy tax liabilities from vesting of previously granted performance stock units connected to CEO Christopher D. Farrar’s compensation.