---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-007452"
form_type: "8-K"
ticker: "VEL"
cik: "0001692376"
company_name: "Velocity Financial, Inc."
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T19:47:42.362187+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Velocity Financial approves FY2025 cash incentive and PSU programs for executives

## Summary
- Cash bonus for CEO, CFO, EVP tied to 2025 Core Net Income Annual Growth; threshold bonuses $315k, $147.7k, $118.1k; max $1.26M, $590.6k, $472.5k.
- Executives also eligible for individual performance bonuses up to same amounts based on leadership, risk management, strategic initiatives.
- PSU grants vest based on average Core Net Income Annual Growth over 2025-2027; CEO eligible for 0-154,090 shares; CFO/EVP 0-37,194 each.
- Bonuses and PSUs require Compensation Committee certification after fiscal year-end (cash) or 2027 (PSUs).

## SEC filing metadata
- accession: 0000950170-25-007452
- form_type: 8-K
- ticker: VEL
- cik: 0001692376
- company_name: Velocity Financial, Inc.
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692376/000095017025007452/0000950170-25-007452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692376/000095017025007452/vel-20250121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-007452
- JSON: https://secwatch.observer/filing/0000950170-25-007452.json
- Plain text: https://secwatch.observer/filing/0000950170-25-007452.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.