Roland T. Kelly - 15 Jan 2026 Form 4 Insider Report for Velocity Financial, Inc. (VEL)

Role: Chief Legal Officer and GC
Signature: /s/ Roland T. Kelly
Issuer symbol: VEL
Transactions as of: 15 Jan 2026
Net transactions value: +$549,976
Form type: 4
Filing time: 16 Jan 2026, 14:50:54 UTC
Previous filing: 15 Jan 2026
Next filing: 22 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kelly Roland Thomas	Chief Legal Officer and GC	C/O VELOCITY FINANCIAL, INC., 2945 TOWNSGATE ROAD, SUITE 110, WESTLAKE VILLAGE	/s/ Roland T. Kelly	16 Jan 2026	0001817058

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VEL	Common Stock	Award	$274,988	+14,030	+14%	$19.60	112,891	15 Jan 2026	Direct	F1
transaction	VEL	Performance Stock Units	Award	$274,988	+14,030	+12%	$19.60	126,921	15 Jan 2026	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquisition of restricted stock subject to annual vesting ratably over three years from grant date.
F2	Grant of Performance Stock Units. Under the terms of the grant, 100% of the PSUs are subject to forfeiture based on Velocity's average annual performance as measured by Core Net Income Annual Growth for fiscal years 2026, 2027 and 2028 with potential vesting of 0 to 200% of the granted PSUs following fiscal year end 2028.