Mark R. Szczepaniak - 03 Nov 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: 03 Nov 2025
Transactions value $: -$29,088
Form type: 4
Filing time: 03 Nov 2025, 16:39:53 UTC
Previous filing: 01 Oct 2025
Next filing: 01 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Szczepaniak Mark R	Chief Financial Officer	C/O VELOCITY FINANCIAL, INC., 2945 TOWNSGATE ROAD, SUITE 110, WESTLAKE VILLAGE	/s/ Roland T. Kelly, by power of attorney	03 Nov 2025	0001794812

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VEL	Common Stock	Sale	-$29.1K	-1.57K	-3.14%	$18.50	48.5K	03 Nov 2025	Held through family trust	F1
holding	VEL	Common Stock						106K	03 Nov 2025	Direct

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.425 to $18.65. The reporting person undertakes to provide the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Content

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.425 to $18.65. The reporting person undertakes to provide the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.