Szczepaniak Mark R 4

What Happened Mark R. Szczepaniak, Chief Financial Officer of Velocity Financial, Inc. (VEL), sold 1,573 shares of VEL stock in an open-market sale on February 2, 2026. The reported weighted-average price was $20.53 per share for a total of about $32,292. This was a sale (disposition), which is often routine and does not by itself indicate company outlook.

Key Details

• Transaction date: 2026-02-02
• Reported price: weighted average $20.53 per share (shares sold at prices ranging from $20.395 to $20.68)
• Shares sold: 1,573; aggregate proceeds ≈ $32,292
• Shares owned after transaction: not specified in the provided summary (see the Form 4 for post-transaction holdings)
• Footnote: price shown is a weighted average; reporting person can provide a breakdown of shares sold at each separate price on request
• Filing timeliness: Form filed on 2026-02-02 (same day as the transaction), indicating a timely filing

Context This was an outright sale (transaction code S) with no disclosure here of a 10b5-1 plan, gift, or option exercise. Sales by executives are common and routinely used for liquidity or diversification; they are factual disclosures rather than direct indicators of company performance. For full details and post-transaction holdings, consult the complete Form 4 filing.