Kelly Roland Thomas 4
4 · Velocity Financial, Inc. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Velocity Financial (VEL) GC Kelly Roland Thomas Sells Shares
What Happened
Kelly Roland Thomas, Chief Legal Officer and General Counsel of Velocity Financial, sold a total of 14,840 shares in two open-market dispositions. On 2026-03-30 she sold 14,026 shares (reported weighted avg price $18.03) for reported proceeds of $252,943; on 2026-03-31 she sold 814 shares (reported weighted avg price $18.22) for reported proceeds of $14,828 — total proceeds ≈ $267,771. These were sales (dispositions), not purchases.
Key Details
- Transaction dates & prices:
- 2026-03-30: 14,026 shares, weighted avg $18.03 (reported range $18.00–$18.13) — $252,943 (F1).
- 2026-03-31: 814 shares, weighted avg $18.22 (reported range $18.19–$18.305) — $14,828 (F2).
- Total shares sold: 14,840; total reported proceeds: $267,771.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes: Prices are weighted averages from multiple trades; the filer offers to provide per-trade breakdowns on request (Footnotes F1 & F2).
- Filing timeliness: Report lists Period of Report 2026-03-30 and was filed 2026-03-31 — appears timely (Form 4s must generally be filed within 2 business days).
- No 10b5-1 plan, tax-withholding, gift, or option-exercise language is indicated in the provided excerpt.
Context
Insider sales are often routine (for liquidity, diversification, tax reasons, etc.) and do not by themselves signal the company's prospects. Purchases tend to be more informative of insider confidence. This report documents open-market sales only; it does not explain the insider’s motivation.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-30$18.03/sh−14,026$252,943→ 99,808 total - Sale
Common Stock
[F2]2026-03-31$18.22/sh−814$14,828→ 98,994 total
Footnotes (2)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.13. 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.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.19 to $18.305. 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.