SC 13D/A

NUMBER OF

SHARES BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

10,963,806 shares of Common Stock

1,673,958 Warrants(1)

SHARED VOTING POWER

0

SOLE DISPOSITIVE POWER

10,963,806 shares of Common Stock(1)

1,673,958 Warrants(1)

SHARED DISPOSITIVE POWER

0

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13D/A

(Rule 13d-101)

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)*

Velocity Financial, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

92262D101

(CUSIP Number)

Pacific Investment Management Company LLC

Attention: Zephram Yowell, Senior Vice President, Senior Counsel

650 Newport Center Drive

Newport Beach, California 92660

(949) 720-6000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

July 22, 2024

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

*	The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. 92262D101		Page 2 of 3 Pages


1.		NAME OF REPORTING PERSON Pacific Investment Management Company LLC
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
3.		SEC USE ONLY
4.		SOURCE OF FUNDS OO
5.		CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ☐
6.		CITIZENSHIP OR PLACE OF ORGANIZATION Delaware

(1)

The shares reported herein for the Reporting Person represent the securities of the Issuer that are held by TOBI (see Item 2 of the Schedule 13D) (i) 10,963,806 shares of the Issuer’s Common Stock, and (ii) 1,673,958 shares of Common Stock that TOBI has the right to acquire through the exercise of Warrants (the “Warrant Shares”).

(2)

The number of shares outstanding for purposes of this percentage calculation assumes (i) 32,985,794 outstanding shares of the Issuer’s Common Stock as of May 1, 2024 as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024, as filed with the Securities and Exchange Commission on May 3, 2024, plus (ii) the Warrant Shares.


CUSIP No. 92262D101		Page 3 of 3 Pages

SCHEDULE 13D

The statement on Schedule 13D filed on April 14, 2020 (the “Original Schedule 13D”), relating to the common stock, par value $0.01 per share (the “Common Stock”), of Velocity Financial, Inc. (the “Issuer”), a Delaware corporation, (as amended by Amendment No. 1 to Schedule 13D filed on October 12, 2021 (“Amendment No. 1”), by Amendment No. 2 to Schedule 13D filed on July 14, 2023 (“Amendment No. 2”) and by Amendment No. 3 to Schedule 13D filed on July 22, 2024 (“Amendment No. 3” and together with the Original Schedule 13D and Amendment No. 1 and Amendment No 2, the “Schedule 13D”)) is hereby amended as set forth below by this Amendment No. 4 to the Schedule 13D. Except as specifically provided herein, this Amendment No. 4 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings assigned to such terms in the Schedule 13D.

This Amendment No. 4 is filed solely to correct the citizenship information of certain individuals included on Schedule A.

Dated: July 23, 2024


PACIFIC INVESTMENT MANAGEMENT COMPANY LLC

By:		/s/ Alyssa Creighton
		Name: Alyssa Creighton Title: Senior Vice President

Schedule A of the Schedule 13D is hereby amended in its entirety as follows:

Schedule A

The name and present principal occupation of each Executive Committee Member and Chief Investment Officer of PIMCO is set forth below. Unless otherwise noted the business address of each person listed below is c/o Pacific Investment Management Company LLC, 650 Newport Center Drive, Newport Beach, California 92660.

EXECTUVE COMMITTEE MEMBERS AND CHIEF INVESTMENT OFFICERS OF

PACIFIC INVESTMENT MANAGEMENT COMPANY LLC



Name and Business Address	Present Principal Occupation	Citizenship
Mangala Ananthanarayanan	Managing Director – Executive Committee, Head of Business Management for Europe, Middle East and Africa & Asia Pacific	United States

Andrew Balls	Managing Director – Chief Investment Officer (Global Fixed Income)	United States

Gregory Hall	Managing Director – Executive Committee, Head of U.S. Global Wealth Management	United States

Daniel J. Ivascyn	Managing Director – Executive Committee, Group Chief Investment Officer	United States

Mark R. Kiesel	Managing Director, Chief Investment Officer (Global Credit)	United States

Qi Wang	Managing Director –Chief Investment Officer (Portfolio Implementation)	United States

Emmanuel Roman	Managing Director – Executive Committee and Chief Executive Officer	United States

Marc P. Seidner	Managing Director, Chief Investment Officer (Non-traditional Strategies)	United States

Candice Stack	Managing Director – Executive Committee, Head of Client Management, Americas	United States

Kimberley Korinke	Managing Director – Executive Committee, Global Head of Product Strategy	United States

Jason Steiner	Managing Director – Executive Committee, Portfolio Manager	United States

Thibault Christian Stracke	Managing Director – Executive Committee, President and Global Head of Credit Research	United States

Alfred Murata	Managing Director – Executive Committee, Portfolio Manager	United States

Mohit Mittal	Managing Director – Chief Investment Officer (Core Strategies)	United States

Alec Kersman	Managing Director – Executive Committee, Head of Asia Pacific	Argentina

Greg Sharenow	Managing Director – Executive Committee, Portfolio Manager	United States / Panama

Jing Yang	Managing Director – Executive Committee, Portfolio Manager	United States