Velocity Financial's 2024 Executive Compensation Details
Ticker: VEL · Form: DEF 14A · Filed: Apr 11, 2025 · CIK: 1692376
| Field | Detail |
|---|---|
| Company | Velocity Financial, Inc. (VEL) |
| Form Type | DEF 14A |
| Filed Date | Apr 11, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, DEF 14A, equity-awards
TL;DR
Velocity Financial dropped its 2024 exec comp details - equity awards are the name of the game.
AI Summary
Velocity Financial, Inc. filed its DEF 14A on April 11, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation, including equity awards granted to both non-PEO and PEO members. Specific tables outline the change in fair value of outstanding equity awards and those vesting during the covered year.
Why It Matters
This filing provides transparency into how Velocity Financial compensates its top executives, which can influence investor perception and company performance.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine but can reveal significant information about executive compensation and corporate governance, which may impact stock price.
Key Numbers
- 2024 — Fiscal Year (Compensation details for this year are being disclosed.)
- 2025 — Filing Year (The DEF 14A was filed in 2025.)
Key Players & Entities
- Velocity Financial, Inc. (company) — Filer of the DEF 14A
- 0001692376 (company) — Central Index Key for Velocity Financial, Inc.
- 20250411 (date) — Filing date of the DEF 14A
- 2024-12-31 (date) — Fiscal year end for which compensation is reported
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose is to provide detailed information regarding the company's annual meeting of stockholders and executive compensation, as required by the Securities Exchange Act of 1934.
What is the fiscal year end for Velocity Financial, Inc.?
The fiscal year end for Velocity Financial, Inc. is December 31st.
When was this DEF 14A filing submitted?
This DEF 14A filing was submitted on April 11, 2025.
What types of compensation elements are detailed in the summary compensation tables?
The summary compensation tables detail equity awards, including their grant date fair value, outstanding and unvested awards, and changes in fair value.
Does the filing distinguish between different groups of executives regarding compensation?
Yes, the filing distinguishes between 'Peo Member' (Principal Executive Officer) and 'NonPeoNeo Member' (Non-Principal Executive Officer, Non-Equity Incentive Plan Award) for equity awards.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 11, 2025 regarding Velocity Financial, Inc. (VEL).