Roland Thomas Kelly, Chief Legal Officer and General Counsel of Velocity Financial, Inc., filed a Form 4 on November 6, 2026, disclosing the sale of 3,200 shares of common stock on November 5, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Roland Thomas Kelly, Chief Legal Officer and General Counsel of Velocity Financial, Inc.
  • Transaction: Disposition (code S) of 3,200 shares of common stock on November 5, 2026.
  • Price: Weighted average sale price of $18 per share, with all transactions occurring at prices ranging from $18.00 to $18.00, according to the filing.
  • Post-transaction ownership: Kelly directly beneficially owned 94,939 shares of common stock following the reported transaction.
  • 10b5-1 plan: The filing indicates the transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Velocity Financial Chief Legal Officer Reports November 2026 Share Disposition

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Roland Thomas Kelly, serving as Chief Legal Officer and General Counsel at Velocity Financial, Inc. (NYSE:VEL), disposed of 3,200 shares of the company's common stock on November 5, 2026. The filing was submitted on November 6, 2026, and was signed by Roland T. Kelly.

The filing reports that the shares were sold at a weighted average price of $18 per share. The explanation of responses in the filing notes that the shares "were sold in multiple transactions at prices ranging from $18.00 to $18.00," and that Kelly "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." Following the reported sale, Kelly's direct beneficial ownership of Velocity Financial common stock stands at 94,939 shares, as disclosed in the filing.

The Form 4 indicates that the transaction was executed pursuant to a Rule 10b5-1(c) trading plan, as reflected by the checked box on the filing indicating the sale was made "pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)." No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Velocity Financial's Chief Legal Officer and General Counsel, Roland Thomas Kelly, disclosed the sale of 3,200 shares of common stock at a weighted average price of $18 on November 5, 2026, leaving him with direct beneficial ownership of 94,939 shares, under a Rule 10b5-1 plan.