Mark R. Szczepaniak - Mar 24, 2023 Form 4 Insider Report for Velocity Financial, Inc. (VEL)

Role
Chief Financial Officer
Signature
/s/ Roland T. Kelly, by power of attorney
Stock symbol
VEL
Transactions as of
Mar 24, 2023
Transactions value $
-$149,321
Form type
4
Date filed
3/24/2023, 07:00 PM
Previous filing
Feb 15, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEL Common Stock Disposed to Issuer -$149K -16.4K -13.23% $9.13 107K Mar 24, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale of common stock to Velocity Financial, Inc. primarily to raise funds to pay additional tax liabilities associated with recent stock vestings.

Remarks:

Sale of common stock to Velocity Financial, Inc. primarily to raise funds to pay additional tax liabilities associated with recent stock vestings.