Fiona Tam - 15 Jan 2023 Form 4 Insider Report for Velocity Financial, Inc. (VEL)

Signature
/s/ Roland T. Kelly, by power of attorney
Issuer symbol
VEL
Transactions as of
15 Jan 2023
Net transactions value
-$25,650
Form type
4
Filing time
18 Jan 2023, 20:22:32 UTC
Previous filing
13 Jan 2023
Next filing
15 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEL Common Stock Tax liability $25,650 -2,565 -6.5% $10.00 36,612 15 Jan 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld and retained by Velocity as payment for tax liabilities resulting from the vesting of previously granted restricted stock.

Remarks:

Shares withheld and retained by Velocity as payment for tax liabilities resulting from the vesting of previously granted restricted stock.