Mark R. Szczepaniak - 21 Jan 2025 Form 4 Insider Report for Velocity Financial, Inc. (VEL)

Role
Chief Financial Officer
Signature
/s/ Roland T. Kelly, by power of attorney
Issuer symbol
VEL
Transactions as of
21 Jan 2025
Net transactions value
-$304,451
Form type
4
Filing time
23 Jan 2025, 11:28:54 UTC
Previous filing
15 Jan 2025
Next filing
24 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEL Common Stock Award $0 +15,000 +8.8% $0.000000 185,987 21 Jan 2025 Direct F1
transaction VEL Common Stock Tax liability $304,451 -16,177 -8.7% $18.82 169,810 21 Jan 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition of shares of common stock upon vesting of previously granted performance stock units.
F2 Shares withheld and retained by Velocity as payment for tax liabilities resulting from the vesting of previously granted performance stock units.