Beckett Dorika M 4
4 · Velocity Financial, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Velocity Financial (VEL) Director Dorika M. Beckett Receives Award
What Happened
Dorika M. Beckett, a director of Velocity Financial, received an award of 5,413 restricted shares on 2026-05-21 at an effective per-share value of $17.55, totaling $94,998. The transaction is recorded as an acquisition (grant/award) rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-21 at $17.55 per share (total value $94,998)
- Transaction type: A (award/grant) — acquisition of restricted stock
- Shares owned after transaction: Not reported in the provided filing excerpt
- Footnote: F1 — this was the annual grant of restricted stock upon the director’s re-election by shareholders
- Filing: Form 4 filed 2026-05-22 (one day after the transaction); no late-filing flag indicated
Context
This was a routine director compensation event (restricted stock grant tied to re-election), which is common and does not necessarily signal a trading view by the insider. Restricted shares typically vest under company-specific terms (not detailed here). Because it's an award rather than an open-market purchase or sale, interpret it as compensation-related rather than direct market-driven insider buying or selling.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21$17.55/sh+5,413$94,998→ 41,311 total
Footnotes (1)
- [F1]Annual grant of restricted stock upon re-election by our shareholders to Velocity's Board of Directors.