Farrar Christopher D. 4

What Happened
Christopher D. Farrar, CEO of Velocity Financial, acquired 1,272 shares of VEL on 2026-06-30 at $18.46 per share for a total cost of $23,481. This was a purchase through the company’s Employee Stock Purchase Plan (ESPP), recorded as an "other acquisition" on the Form 4. Purchases can be viewed as a more informative signal than sales, though the filing does not disclose Farrar’s motivation.

Key Details

• Transaction date and price: 2026-06-30 at $18.46 per share.
• Shares acquired: 1,272; total value: $23,481.
• Shares owned after transaction: not specified in the filing.
• Footnote: The shares were purchased through the Company’s ESPP and the transaction is exempt pursuant to Rule 16b-3(c).
• Filing timeliness: Reported for the period ending 2026-06-30; the filing shows no indication of being late.

Context

• ESPP purchases are routine employee benefit transactions and are treated as exempt under Rule 16b-3(c), which prevents short-swing profit recovery for qualifying plans.
• The filing does not indicate any option exercise, gift, or immediate sale of the shares; this was a straightforward ESPP purchase.