Pitstick John 4

What Happened

• John Pitstick, a director of Velocity Financial, disposed of 3,603 common shares to the issuer on May 26, 2026. The reported price was $17.17 per share, for a total reported value of $61,864.
• The transaction is coded as a "D" (Disposition to the issuer), meaning the shares were delivered back or surrendered to the company rather than sold on the open market. Sales and dispositions are often routine and do not necessarily indicate a change in sentiment.

Key Details

• Transaction date and price: 2026-05-26 at $17.17 per share.
• Total value: $61,864.
• Transaction type/code: Disposition to issuer (D).
• Filing date: 2026-05-27 (filed one day after the transaction; appears timely).
• Shares owned after transaction: Not specified in the information provided.
• Footnotes/plan notes: None reported in the summary provided (no 10b5-1, tax withholding or other footnotes disclosed).

Context

• A "disposition to the issuer" can reflect share surrender to the company (for example, to satisfy tax withholding, share cancellations, or other corporate arrangements) and is different from an open-market sale. Because it is not an open-market buy, it is generally less informative about the insider’s bullishness on the stock.
• This report shows a single director-level disposition; retail investors should combine this with other insider activity and company fundamentals before drawing conclusions.