Velocity Financial, Inc. 8-K

What Happened
Velocity Financial, Inc. (VEL) filed an 8‑K on May 26, 2026 reporting the results of its Annual Meeting of Shareholders held May 21, 2026. All directors up for election were re‑elected. Shareholders also approved the advisory vote on named executive officer compensation (say‑on‑pay) and ratified RSM US LLP as the company’s independent auditor for 2026.

Key Details

• Director elections (all re‑elected; broker non‑votes: 1,181,801):
  • Dorika M. Beckett: For 24,668,443; Against 12,440; Abstain 6,788
  • Michael W. Chiao: For 24,661,094; Against 21,190; Abstain 5,387
  • Christopher D. Farrar: For 24,651,920; Against 30,883; Abstain 4,868
  • Alan H. Mantel: For 24,560,450; Against 121,835; Abstain 5,386
  • John P. Pitstick: For 24,676,717; Against 5,568; Abstain 5,386
  • John A. Pless: For 24,420,558; Against 261,726; Abstain 5,387
  • Joy L. Schaefer: For 24,670,154; Against 10,729; Abstain 6,788
  • Omar M. Maasarani: For 24,604,346; Against 77,938; Abstain 5,387
• Advisory approval of executive compensation (say‑on‑pay): For 24,590,950; Against 92,104; Abstain 4,617; Broker non‑votes 1,181,801.
• Ratification of independent auditor (RSM US LLP) for 2026: For 25,860,650; Against 2,294; Abstain 6,528.

Why It Matters
These results confirm shareholder support for the current board slate and executive compensation disclosures, and maintain continuity in external audit oversight for 2026. For investors, re‑elected directors and an approved auditor reduce near‑term governance uncertainty; the say‑on‑pay approval indicates a majority endorsement of the company’s disclosed executive pay practices.