[Form 4] Velocity Financial, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Velocity Financial, Inc. (VEL) – Form 4 insider transaction

Chief Financial Officer Mark R. Szczepaniak reported a sale of 1,572 common shares on 07/01/2025 at a price of $18.44 per share. The shares were held indirectly through a family trust. After the transaction, the trust’s balance stands at 54,827 shares. In addition, the filing lists 106,412 shares held directly by the executive. No derivative security activity was reported.

The reported sale represents roughly $29,000 in gross proceeds and is small relative to the executive’s total ownership, which remains above 160 k shares when direct and indirect holdings are combined.

Positive

• Executive retains a substantial stake of roughly 160k shares, indicating ongoing alignment with shareholder interests despite the small sale.

Negative

• Insider sale by the CFO, although modest, can be perceived as a bearish signal by some investors tracking executive sentiment.

Insights

Insider Trading Analyst

TL;DR: Minor CFO sale; negligible impact.

The Form 4 discloses a routine disposition of 1,572 VEL shares for about $29k by CFO Mark Szczepaniak. Post-sale, he still owns over 160k shares, signalling continued alignment with shareholders. No 10b5-1 plan is indicated, but the small size (<1% of his stake and immaterial to float) suggests limited informational value. Investors typically watch insider trends; a one-off, low-volume sale by a C-suite member is neutral to sentiment.

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)
07/01/2025

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	07/01/2025		S		1,572	D	$18.44	54,827	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	07/01/2025
	** 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

How many Velocity Financial (VEL) shares did the CFO sell?

Mark R. Szczepaniak sold 1,572 common shares on 07/01/2025.

What was the sale price for the VEL shares?

The reported transaction price was $18.44 per share.

How many Velocity Financial shares does the CFO still own?

After the sale, he holds 54,827 shares indirectly and 106,412 shares directly.

Was this sale conducted under a Rule 10b5-1 trading plan?

The filing does not indicate that the transaction was executed under a Rule 10b5-1 plan.

Does the Form 4 report any derivative security activity?

No; the Derivative Securities table shows no transactions or holdings.