Velocity Financial (VEL) CFO trades 2,000 shares via Rule 10b5-1 plan
Rhea-AI Filing Summary
Velocity Financial, Inc. reported that Chief Financial Officer Mark R. Szczepaniak sold 2,000 shares of common stock on 2026-08-10 at a weighted average price of $18.16 per share, with individual trade prices ranging from $18.11 to $18.22. The shares were indirectly held through a family trust, which held 64,400 shares after the sale. A separate holding entry shows 101,535 shares of common stock held directly. The transaction was reported as being made under a Rule 10b5-1 trading plan.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 2,000 shares
Net Sell
2 txns
Insider
Szczepaniak Mark R
Role
Chief Financial Officer
Sold
2,000 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,000 | $18.16 | $36K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 64,400 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 $18.11 to $18.22. 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: 2,000 shares
Weighted average sale price: $18.16 per share
Sale price range: $18.11–$18.22 per share
+2 more
5 metrics
Shares sold
2,000 shares
Common stock sold on 2026-08-10 by CFO via family trust
Weighted average sale price
$18.16 per share
Average price for 2,000 shares sold on 2026-08-10
Sale price range
$18.11–$18.22 per share
Range of individual trade prices for the 2,000 shares sold
Indirect holdings after transaction
64,400 shares
Common stock held through family trust after the sale
Direct holdings
101,535 shares
Common stock held directly by the CFO as of 2026-08-10
Key Terms
Rule 10b5-1 trading plan, weighted average price, family trust, indirect ownership
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction was reported as being made under a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
family trust financial
"The shares were indirectly held through a family trust."
indirect ownership financial
"The ownership type for the sold shares is reported as indirect."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Velocity Financial (VEL) disclose for its CFO?
Velocity Financial’s CFO, Mark R. Szczepaniak, reported selling 2,000 shares of common stock on 2026-08-10. The sale was executed at a weighted average price of $18.16 per share, with trades occurring between $18.11 and $18.22.
What does the footnote say about the Velocity Financial (VEL) CFO’s sale prices?
The footnote explains that the reported $18.16 is a weighted average price. The 2,000 shares were sold in multiple transactions, with per-share prices ranging from $18.11 to $18.22, and full trade details are available upon request.