About this page
Insider trades reported on SEC Form 4: when the people who run a company buy or sell its shares with their own money.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- Buy (P) and Sell (S)
- Open-market purchases and sales. Gifts, option exercises and automatic tax withholding are left out because they say little about what the insider thinks.
- Value
- Shares times price, as reported on the filing.
- 10b5-1
- A trade made under a plan set up in advance. Planned sales are common and usually say less than an unplanned purchase.
- Late filing
- A Form 4 filed more than two business days after the trade.
- Vs. S&P 500
- How the stock did after the trade minus how the overall market did in the same weeks.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
If the coach of a team bets his own allowance that his team will win, that tells you something. A Form 4 is the note a company boss must hand in whenever he buys or sells his own company's shares, so everyone can see it.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.
Velocity Financial, Inc. (VEL): Insider Trades and Fund Holdings
In the past 12 months, Velocity Financial, Inc. insiders reported no open-market purchases and 12 sales worth $351K; 12 of the sales were reported as made under a 10b5-1 trading plan.
Timeline: news and trades
Company filings (8-K), insider trades, notices of planned sales (Form 144), Congress trades and fund moves in the past year, newest first.
- Sep 10, 2026Insider saleCFO Mark R. Szczepaniak sold $36,060 under a 10b5-1 plan
- Sep 10, 2026Planned saleSZCZEPANIAK FAMILY TRUST U/A/D 08/10/2021 (officer) filed notice to sell about $36,220 around Sep 10, 2026
- Sep 1, 2026Insider saleGeneral Counsel Roland Thomas Kelly sold $28,800 under a 10b5-1 plan (5 days after: signed a material agreement)
- Aug 27, 2026NewsCompany reported: Signed a material agreement
- Aug 11, 2026Insider saleVP Jeffrey T. Taylor sold $82,530 under a 10b5-1 plan (6 days after: quarterly or annual results)
- Aug 11, 2026Insider saleCAO Fiona Tam sold $23,408 under a 10b5-1 plan (6 days after: quarterly or annual results)
- Aug 11, 2026Planned saleTAYLOR FAMILY TRUST (officer) filed notice to sell about $79,282 around Aug 11, 2026
- Aug 11, 2026Planned saleFIONA TAM (officer) filed notice to sell about $22,558 around Aug 11, 2026
- Aug 10, 2026Insider saleCFO Mark R. Szczepaniak sold $36,320 under a 10b5-1 plan (5 days after: quarterly or annual results)
- Aug 10, 2026Planned saleSZCZEPANIAK FAMILY TRUST U/A/D 08/10/2021 (officer) filed notice to sell about $36,920 around Aug 10, 2026
- Aug 6, 2026Insider saleGeneral Counsel Roland Thomas Kelly sold $28,800 under a 10b5-1 plan (1 days after: quarterly or annual results)
- Aug 6, 2026Insider saleCFO Mark R. Szczepaniak sold $7,200 under a 10b5-1 plan (1 days after: quarterly or annual results)
- Aug 5, 2026NewsCompany reported: Quarterly or annual results
- Jul 28, 2026Insider saleCFO Mark R. Szczepaniak sold $7,200 under a 10b5-1 plan
- Jul 28, 2026Planned saleSZCZEPANIAK FAMILY TRUST U/A/D 08/10/2021 (officer) filed notice to sell about $35,280 around Jul 28, 2026
- Jul 7, 2026Insider saleVP Jeffrey T. Taylor sold $41,135 under a 10b5-1 plan
- Jul 7, 2026Insider saleCAO Fiona Tam sold $1,292 under a 10b5-1 plan
- Jul 1, 2026Insider saleGeneral Counsel Roland Thomas Kelly sold $29,710 under a 10b5-1 plan
- Jun 30, 2026FundRenaissance Technologies added 86% in Q2 2026 (13F filed Aug 13, 2026)
- Jun 26, 2026Insider saleCFO Mark R. Szczepaniak sold $28,420 under a 10b5-1 plan
Recent insider trades
Open-market purchases (code P) and sales (code S) from Form 4. Grants, option exercises and gifts are not shown. Latest filing: Sep 10, 2026.
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 10 | Mark R. SzczepaniakCFO | ▼ SELL10b5-1 | $36K |
| Sep 1 | Roland Thomas KellyGeneral Counsel | ▼ SELL10b5-1 | $29K |
| Aug 11 | Jeffrey T. TaylorVP | ▼ SELL10b5-1 | $83K |
| Aug 11 | Fiona TamCAO | ▼ SELL10b5-1 | $23K |
| Aug 10 | Mark R. SzczepaniakCFO | ▼ SELL10b5-1 | $36K |
| Aug 6 | Roland Thomas KellyGeneral Counsel | ▼ SELL10b5-1 | $29K |
| Aug 6 | Mark R. SzczepaniakCFO | ▼ SELL10b5-1 | $7K |
| Jul 28 | Mark R. SzczepaniakCFO | ▼ SELL10b5-1 | $7K |
| Jul 9 | Jeffrey T. TaylorVP | ▼ SELL10b5-1 | $41K |
| Jul 9 | Fiona TamCAO | ▼ SELL10b5-1 | $1K |
Insiders who traded in the past year
| Insider | Role | Buys | Bought | Sells | Sold |
|---|---|---|---|---|---|
| Mark R. Szczepaniak | CFO | 0 | $0 | 5 | $115K |
| Roland Thomas Kelly | General Counsel | 0 | $0 | 3 | $87K |
| Jeffrey T. Taylor | VP | 0 | $0 | 2 | $124K |
| Fiona Tam | CAO | 0 | $0 | 2 | $25K |
Buybacks and executive pay
Velocity Financial, Inc. spent $7.3 million buying back its own shares in 2025.
| Year | CEO pay reported | CEO pay "actually paid" | Value of $100 invested |
|---|---|---|---|
| 2025 | $6.56M | $7.02M | n/a |
| 2024 | $5.37M | $6.19M | n/a |
| 2023 | $3.90M | $6.24M | n/a |
From the company's XBRL data filed with the SEC. "Actually paid" is the SEC's pay-versus-performance measure, which counts changes in the value of stock awards. "Value of $100 invested" is the company's cumulative shareholder return as reported, usually measured from five years earlier. See all buybacks and CEO pay across companies.
A All 12 insider trades reported on time. How it is graded
Tracked funds that report VEL
From each fund's latest 13F. Holdings are as of quarter end and are filed up to 45 days later.
| Fund | Shares | Value | Change |
|---|---|---|---|
| Renaissance Technologies | 51,400 | $949K | ▲ +85.6% |
Reading these numbers
Insiders sell for many reasons: taxes, diversification, a house. Purchases with their own money are rarer and are usually read as more informative. A Form 4 is due within two business days of the trade. How to read a Form 4 →