STOCK TITAN

Red Violet (RDVT) CEO Derek Dubner sells 12,000 shares at around $57

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Red Violet, Inc. director and CEO Derek Dubner reported selling 12,000 shares of common stock in open‑market transactions. The sales occurred on June 1, 2026 at prices of $57.24 and $57.62 per share, according to the Form 4.

After these sales, Dubner directly holds 557,273 shares of Red Violet common stock. He also holds unvested restricted stock units, including 13,333 RSUs granted November 30, 2023 that vest on December 1, 2026, 21,000 RSUs granted November 4, 2024 vesting in 2026 and 2027, and 18,520 RSUs granted December 19, 2025 vesting between 2026 and 2028, each convertible one-for-one into common shares.

Positive

  • None.

Negative

  • None.
Insider Dubner Derek
Role Chief Executive Officer
Sold 12,000 shs ($689K)
Type Security Shares Price Value
Sale Common Stock 6,000 $57.62 $346K
Sale Common Stock 6,000 $57.24 $343K
Holdings After Transaction: Common Stock — 563,273 shares (Direct, null)
Footnotes (1)
  1. The shares were sold in multiple transactions at prices ranging from $57.45 to $58.07, inclusive, with a weighted average price per share of $57.62. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote. Includes 13,333 restricted stock units (RSUs) originally granted on November 30, 2023, convertible into common stock of the issuer on a one-for-one basis, which vests on December 1, 2026, subject to accelerated vesting under certain circumstances. Includes 21,000 RSUs originally granted on November 4, 2024, convertible into common stock of the issuer on a one-for-one basis, which vests in two equal installments on each of November 1, 2026 and November 1, 2027, subject to accelerated vesting under certain circumstances. Includes 18,520 RSUs originally granted December 19, 2025 convertible into common stock of the issuer on a one-for-one basis, which vests in three equal installments on each of December 1, 2026, December 1, 2027, and December 1, 2028, subject to accelerated vesting under certain circumstances. The shares were sold in multiple transactions at prices ranging from $57.00 to $57.45, inclusive, with a weighted average price per share of $57.24. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
Shares sold 12,000 shares Total common shares sold on June 1, 2026
Sale price 1 $57.24 per share First 6,000-share sale on June 1, 2026
Sale price 2 $57.62 per share Second 6,000-share sale on June 1, 2026
Post-transaction holdings 557,273 shares Common shares directly owned after reported sales
2023 RSU grant 13,333 RSUs Granted November 30, 2023; vests December 1, 2026
2024 RSU grant 21,000 RSUs Granted November 4, 2024; vests in 2026 and 2027
2025 RSU grant 18,520 RSUs Granted December 19, 2025; vests 2026–2028 in three installments
restricted stock units (RSUs) financial
"Includes 13,333 restricted stock units (RSUs) originally granted on November 30, 2023, convertible into common stock..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
open-market sale financial
"transaction_action": "open-market sale","transaction_code_description": "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price per share financial
"at prices ranging from $57.45 to $58.07, inclusive, with a weighted average price per share of $57.62"
accelerated vesting financial
"which vests on December 1, 2026, subject to accelerated vesting under certain circumstances."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dubner Derek

(Last)(First)(Middle)
C/O RED VIOLET, INC.
2650 N. MILITARY TRAIL, SUITE 300

(Street)
BOCA RATON FLORIDA 33431

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Red Violet, Inc. [ RDVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)XOther (specify below)
Chief Executive OfficerChairman of the Board
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026S6,000D$57.62(1)563,273(2)(3)(4)D
Common Stock06/01/2026S6,000D$57.24(5)557,273(2)(3)(4)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were sold in multiple transactions at prices ranging from $57.45 to $58.07, inclusive, with a weighted average price per share of $57.62. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
2. Includes 13,333 restricted stock units (RSUs) originally granted on November 30, 2023, convertible into common stock of the issuer on a one-for-one basis, which vests on December 1, 2026, subject to accelerated vesting under certain circumstances.
3. Includes 21,000 RSUs originally granted on November 4, 2024, convertible into common stock of the issuer on a one-for-one basis, which vests in two equal installments on each of November 1, 2026 and November 1, 2027, subject to accelerated vesting under certain circumstances.
4. Includes 18,520 RSUs originally granted December 19, 2025 convertible into common stock of the issuer on a one-for-one basis, which vests in three equal installments on each of December 1, 2026, December 1, 2027, and December 1, 2028, subject to accelerated vesting under certain circumstances.
5. The shares were sold in multiple transactions at prices ranging from $57.00 to $57.45, inclusive, with a weighted average price per share of $57.24. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
/s/ Derek Dubner06/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Red Violet (RDVT) CEO Derek Dubner report?

Derek Dubner reported selling 12,000 Red Violet common shares in open‑market transactions. The Form 4 shows two separate sales of 6,000 shares each on June 1, 2026, at prices of $57.24 and $57.62 per share, classified as open‑market sales.

At what prices did Red Violet (RDVT) CEO Derek Dubner sell his shares?

Dubner sold 6,000 Red Violet shares at $57.24 and 6,000 at $57.62. Footnotes state these were executed in multiple trades within ranges of $57.00–$57.45 and $57.45–$58.07, with weighted average prices of $57.24 and $57.62 respectively.

How many Red Violet (RDVT) shares does Derek Dubner own after the reported sales?

After the June 1, 2026 sales, Dubner directly holds 557,273 Red Violet shares. This post‑transaction balance reflects his remaining common stock ownership reported in the Form 4 and does not include additional unvested restricted stock units.

What restricted stock units (RSUs) does Red Violet (RDVT) CEO Derek Dubner hold?

Dubner holds multiple RSU awards totaling several tens of thousands of units. These include 13,333 RSUs granted November 30, 2023, 21,000 RSUs granted November 4, 2024, and 18,520 RSUs granted December 19, 2025, each convertible one‑for‑one into common shares as they vest.

When do Derek Dubner’s Red Violet (RDVT) RSUs vest?

Dubner’s RSUs vest between late 2026 and late 2028. One grant vests on December 1, 2026, another in two equal installments on November 1, 2026 and 2027, and a third in three equal installments on December 1 of 2026, 2027, and 2028.

Were Derek Dubner’s Red Violet (RDVT) share sales executed as open‑market transactions?

Yes, both reported transactions are classified as open‑market sales of common stock. The Form 4 uses transaction code “S” with the description “Sale in open market or private transaction,” and footnotes detail price ranges and weighted average prices for the executed trades.