Kelly Roland Thomas 4

What Happened

• Kelly Roland Thomas, Chief Legal Officer and General Counsel of Velocity Financial, sold 5,160 shares of VEL in an open-market sale on March 17, 2026. The reported weighted-average price was $18.06 per share, for a total value of approximately $93,214. This transaction is a sale (often routine for insiders) rather than a purchase.

Key Details

• Transaction date: 2026-03-17; Filing date: 2026-03-18 (Form 4 accession: 0001214659-26-003456) — appears to be filed timely.
• Transaction type/code: Open-market sale (S).
• Shares sold: 5,160; weighted-average price: $18.06; total proceeds: ~$93,214.
• Price range: The filing footnote states sales occurred at prices from $18.00 to $18.16; the weighted-average is reported and the filer can provide a per-trade breakdown on request (footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No 10b5-1 plan, gift, option exercise, or tax-withholding detail is noted in the supplied information.

Context

• Sales by corporate officers can be routine (cash needs, diversification, planned selling) and do not by themselves indicate company outlook. Because this was an outright open-market sale (not an option exercise or award), it reflects disposition of existing shares. If you need the exact per-trade breakdown or updated post-transaction holdings, the filer can provide those details upon request or you can view the full Form 4 on the SEC EDGAR site.