Chief Executive Officer · Velocity Financial, Inc. (VEL)

Christopher Farrar

A named executive officer of Velocity Financial in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$6,564,245

FY2024: $5,374,001

1st of 3 named executive officers at Velocity Financial by FY2025 total.

3 named officers on file for Velocity Financial, FY2025

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What this number hides

The filing gives the total. Velocity Financial’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 10, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Christopher Farrar compensation by year

Velocity Financial Summary Compensation Table · all 6 fiscal years held
In US dollars, as Velocity Financial reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025
Salary$450,000$600,000$630,000$630,000$630,000$630,000
Bonus$600,000$0$0$0$0$480,000
Stock awards$0$1,267,200$1,136,700$1,417,500$2,205,000$2,900,000
Option awards$1,470,000$0$0$0$0$0
Non-equity incentive$0$760,000$1,228,500$1,830,465$2,520,000$2,520,000
Pension and deferred compensation$0$0$0——$0
All other$18,419$20,184$21,339$17,840$19,001$34,245
Total$2,538,419$2,647,384$3,016,539$3,895,805$5,374,001$6,564,245

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Velocity Financial, Inc. DEF 14A filed April 10, 2026, accession 0001193125-26-150488, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Velocity Financial, Inc. filed document, accession 0001193125-26-150488. Every figure is read from that document and cited to the page and table it appears in. Filed April 10, 2026.

$2.5M
$2.6M
$3.0M
$3.9M
$5.4M
$6.6M
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU77,045$1,599,454—
RSU77,045$1,599,454—
PSU70,875$1,471,365—
PSU69,514$1,443,311—
RSU46,343$962,081—
RSU23,625$490,455—

Per the Outstanding Equity Awards at Fiscal Year-End table in Velocity Financial, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

1 Form 4 line since the FY2025 proxy (filed April 10, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-06-30Other—1,272$18.46399,665

The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Velocity Financial’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Christopher Farrar · this pageChief Executive Officer$6,564,245
Mark SzczepaniakChief Financial Officer$2,419,250
Jeffrey TaylorExecutive Vice President, Capital Markets$2,157,013

Board service

Velocity Financial board · FY2023–FY2025

How this board is paid

Company policy: Velocity Financial pays directors a $75,000 cash retainer and $95,000 in Restricted Stock. As stated in Velocity Financial's FY2025 proxy.

The full Velocity Financial compensation record

free company brief

This page is one person within Velocity Financial's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Velocity Financial proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Velocity Financial's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Velocity Financial's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Christopher Farrar's compensation dossier