Velocity Financial (VEL) legal chief has 1,416 shares withheld for tax

Rhea-AI Filing Summary

Velocity Financial, Inc. insider tax-share withholding: Chief Legal Officer and General Counsel Roland Thomas Kelly reported a Form 4 transaction involving company common stock. On 01/23/2026, 1,416 shares of Velocity Financial common stock were withheld at a price of $19.39 per share, coded as "F," which indicates shares were withheld by the company to cover tax liabilities. These taxes arose from the vesting of previously granted restricted stock, so this reflects a tax-related withholding rather than an open-market sale. After this transaction, Kelly beneficially owned 123,753 shares of Velocity Financial common stock 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

OMB APPROVAL

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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^*

Kelly Roland Thomas

(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 Legal Officer and GC

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

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	01/23/2026		F(1)		1,416	D	$19.39	123,753	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 restricted stock.

Remarks:

	/s/ Roland T. Kelly	01/26/2026
	** 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) report on this Form 4?

The Form 4 reports that Chief Legal Officer and GC Roland Thomas Kelly had 1,416 shares of Velocity Financial common stock withheld on 01/23/2026, coded as an "F" transaction.

Who is the reporting person on this Velocity Financial (VEL) Form 4?

The reporting person is Kelly Roland Thomas, who serves as Velocity Financial's Chief Legal Officer and General Counsel.

What does the transaction code "F" mean in the Velocity Financial (VEL) Form 4?

The code "F" indicates shares were withheld by the company as payment for tax liabilities that arose from the vesting of previously granted restricted stock.

How many Velocity Financial (VEL) shares were withheld for taxes in this filing?

A total of 1,416 shares of Velocity Financial common stock were withheld and retained by the company for tax liabilities.

What was the price used for the tax-share withholding in the VEL Form 4?

The 1,416 withheld shares were valued at a price of $19.39 per share in the reported transaction.

How many Velocity Financial (VEL) shares does the insider own after this transaction?

Following the tax-share withholding, Roland Thomas Kelly beneficially owned 123,753 shares of Velocity Financial common stock directly.

Was this Velocity Financial (VEL) insider transaction an open-market sale?

No. The footnote explains that the shares were withheld and retained by Velocity solely as payment for tax liabilities from restricted stock vesting, not sold in the open market.