Form 4: Velocity Financial Director John Pitstick Reports Stock Transactions
SEC Form 4
Director John Pitstick reports acquisition and disposal of Velocity Financial, Inc. common stock.
Summary
- On May 17, 2024, John Pitstick acquired 5,313 shares of Velocity Financial, Inc. common stock at a price of $17.88 per share.
- On May 19, 2024, John Pitstick disposed of 4,964 shares of Velocity Financial, Inc. common stock at a price of $17.88 per share.
- Following these transactions, Pitstick directly owns 58,134 shares of Velocity Financial, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | John Pitstick acquired 5,313 shares of Velocity Financial, Inc. common stock at $17.88 per share. |
| 05/19/2024 | John Pitstick disposed of 4,964 shares of Velocity Financial, Inc. common stock at $17.88 per share. |
| 05/21/2024 | Date of signature for the report. |
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