Christopher D. Farrar - 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
Transactions value $
-$207,480
Form type
4
Filing time
18 Jan 2023, 20:58:33 UTC
Previous filing
13 Jan 2023
Next filing
30 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEL Common Stock Tax liability -$207K -20.7K -3.71% $10.00 539K 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.