Tam Fiona 4

What Happened Fiona Tam, Chief Accounting Officer of Velocity Financial (VEL), had 541 shares withheld and retained by the company on 2026-01-21 to cover tax liabilities from the vesting of previously granted restricted stock. The withholding was reported as a disposition at a per-share value of $19.53, for a total value of $10,566. This was a tax-withholding event (routine) rather than an open-market sale.

Key Details

• Transaction date: 2026-01-21; per-share value: $19.53; total value: $10,566.
• Transaction code: F (shares withheld for tax withholding).
• Footnote: F1 — shares were withheld and retained by Velocity to pay tax liabilities from vesting of restricted stock.
• Shares owned after transaction: not specified in the filing.
• Filing date: 2026-01-22 (filed the next day), so the report appears timely.

Context Withholding shares to cover taxes on vested restricted stock is a common administrative action and does not represent a market sale. Such transactions are generally routine and do not necessarily indicate insider sentiment about the company's stock.