Form 4: Velocity Financial Executive VP Jeffrey T. Taylor Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Jeffrey T. Taylor, Executive VP of Capital Markets at Velocity Financial, Inc., reports the withholding of shares to cover tax liabilities from vested restricted stock.
Summary
- On January 13, 2025, Jeffrey T. Taylor, Executive VP of Capital Markets at Velocity Financial, Inc., had 3,343 shares of common stock withheld by the company.
- The shares were withheld to cover tax liabilities resulting from the vesting of previously granted restricted stock.
- The price per share for the transaction was $18.72.
- Following the transaction, Taylor directly owns 140,618 shares of Velocity Financial, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding on vested stock, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into insider transactions, allowing investors to monitor the buying and selling activity of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 01/13/2025 | Date of stock transaction (tax withholding) |
| 01/15/2025 | Date of signature on the report |
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