Red Violet (RDVT) CEO Derek Dubner sells 12,000 shares at around $57
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 12,000 shares ($689,160)
Net Sell
2 txns
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)
- 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.
Key Figures
Shares sold: 12,000 shares
Sale price 1: $57.24 per share
Sale price 2: $57.62 per share
+4 more
7 metrics
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
Key Terms
restricted stock units (RSUs), open-market sale, weighted average price per share, accelerated vesting
4 terms
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.
accelerated vesting financial
"which vests on December 1, 2026, subject to accelerated vesting under certain circumstances."
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.
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.