Velocity Financial (VEL) CAO Fiona Tam has 541 restricted shares withheld for tax payment

Rhea-AI Filing Summary

Velocity Financial, Inc. insider tax withholding transaction

Velocity Financial, Inc. reported that Chief Accounting Officer Fiona Tam had 541 shares of common stock withheld on 01/21/2026. The shares were withheld and retained by Velocity as payment for tax liabilities arising from the vesting of previously granted restricted stock, rather than being sold on the open market. Following this tax-related transaction, Tam beneficially owned 48,333 shares of Velocity common stock in direct ownership form.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Tam Fiona

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	541	$19.53	$11K

Holdings After Transaction: Common Stock — 48,333 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Tam Fiona

(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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

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	01/21/2026		F(1)		541	D	$19.53	48,333	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, by power of attorney	01/22/2026
	** 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) disclose in this Form 4?

Velocity Financial disclosed that Chief Accounting Officer Fiona Tam had 541 shares of common stock withheld on 01/21/2026 to cover tax liabilities from vesting restricted stock.

Was the Velocity Financial (VEL) Form 4 transaction an open market sale?

No. The Form 4 states that the 541 shares were withheld and retained by Velocity as payment for tax liabilities from the vesting of previously granted restricted stock, not sold in the open market.

How many Velocity Financial (VEL) shares does Fiona Tam own after the reported transaction?

After the tax withholding transaction, Chief Accounting Officer Fiona Tam beneficially owned 48,333 shares of Velocity Financial common stock, held as direct ownership.

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

Transaction code "F" indicates shares were disposed of to pay the tax liability associated with the vesting of equity awards, which in this case was the 541 shares withheld and retained by Velocity.

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

The reporting person is Fiona Tam, who is identified as an officer of Velocity Financial, Inc. with the title Chief Accounting Officer.