Farrar Christopher D. 4

What Happened
Christopher D. Farrar, CEO of Velocity Financial (VEL), had 23,171 shares withheld and retained by the company to satisfy tax liabilities from the vesting of previously granted restricted stock. The withholding was recorded at $19.39 per share for a total value of $449,286. This is a tax-withholding disposition (not an open-market sale) and is typically a routine administrative step following vesting.

Key Details

• Transaction date: 2026-01-23
• Price per share: $19.39; Total value: $449,286
• Shares affected: 23,171 withheld and retained by Velocity (transaction code F – tax withholding)
• Footnote: F1 — shares withheld and retained by Velocity as payment for tax liabilities resulting from the vesting of previously granted restricted stock
• Filing date: 2026-01-26 (filed within the typical Form 4 reporting window)
• Shares owned after transaction: not specified in the filing

Context
This was a tax-withholding action tied to restricted stock vesting, commonly reported as a disposition on Form 4 but not an open-market sale. Such withholdings are administrative and do not necessarily indicate the insider’s view on the company’s stock.