Szczepaniak Mark R 4

What Happened

• Mark R. Szczepaniak, Chief Financial Officer of Velocity Financial, Inc. (VEL), reported an open-market sale of 1,573 shares on 2026-04-01. The weighted-average sale price was $18.13 per share, for a total transaction value of approximately $28,518. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-04-01
• Transaction type/code: Sale (S) — open-market or private sale listed on the Form 4
• Price: weighted-average $18.13 per share (range reported 18.13–18.13)
• Shares sold: 1,573; Total proceeds: ~$28,518
• Shares owned after transaction: Not disclosed in this filing
• Footnote: The price is a weighted average; the filing (Footnote F1) says the reporting person can provide breakdown of prices if requested by the issuer, shareholders, or SEC staff
• Filing timeliness: Reported on 2026-04-01 (same date as the transaction), so no late filing indicated

Context

• Sales by executives can be routine (for diversification, taxes, or liquidity) and do not by themselves prove a change in company prospects. This report documents a straightforward open-market sale by a senior officer; there was no option exercise, award, or gift involved.