Velocity Financial (NYSE: VEL) CFO logs 400-share sale via family trust
Rhea-AI Filing Summary
Velocity Financial, Inc. reported that Chief Financial Officer Mark R. Szczepaniak, through a family trust, sold 400 shares of common stock on August 6, 2026 at a weighted-average price of $18.00 per share under a Rule 10b5-1 trading plan. The family trust held 66,400 shares afterward, and Szczepaniak also reported 101,535 shares held directly as of that date.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 400 shares
Net Sell
2 txns
Insider
Szczepaniak Mark R
Role
Chief Financial Officer
Sold
400 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 400 | $18.00 | $7K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 66,400 shares (Indirect, Held through family trust);
Common Stock — 101,535 shares (Direct)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.00. The reporting person undertakes to provide the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
Key Figures
Shares sold: 400 shares
Sale price: $18.00 per share
Indirect holdings after sale: 66,400 shares
+2 more
5 metrics
Shares sold
400 shares
Common Stock sold on 2026-08-06 through a family trust
Sale price
$18.00 per share
Weighted-average price for the 400 shares sold
Indirect holdings after sale
66,400 shares
Common Stock held indirectly through family trust after the transaction
Direct holdings
101,535 shares
Common Stock held directly by the reporting person as of 2026-08-06
Net shares sold
400 shares
Net sell volume in this Form 4 per transaction summary
Key Terms
weighted average price, Rule 10b5-1, family trust, indirect ownership
4 terms
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
family trust financial
"nature_of_ownership": "Held through family trust""
indirect ownership financial
""ownership_type": "indirect" for the trust-held shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Velocity Financial (VEL) disclose in this Form 4?
Velocity Financial disclosed that its Chief Financial Officer, Mark R. Szczepaniak, indirectly sold 400 shares of common stock on August 6, 2026. The sale was executed through a family trust associated with him and reported on Form 4.
What are the CFO’s remaining Velocity Financial (VEL) holdings after this sale?
After the reported sale, the family trust held 66,400 shares of Velocity Financial common stock indirectly. Separately, Mark R. Szczepaniak reported 101,535 shares held directly, both positions shown as of August 6, 2026.
Was the Velocity Financial (VEL) insider sale made under a Rule 10b5-1 plan?
Yes. The filing’s Rule 10b5-1 checkbox indicates the reported transaction was made under a pre-arranged trading plan. Such plans allow insiders to schedule trades in advance, helping separate trading activity from day-to-day information.
Does this VEL Form 4 include any option exercises or derivative transactions?
No derivative transactions are listed. The Form 4 shows a single sale of 400 common shares through a family trust and a separate line updating direct common stock holdings. The derivative transaction summary reports zero derivative transactions.