Red Violet CEO sells 12,000 shares in open market
Red Violet, Inc. director and CEO Derek Dubner reported selling 12,000 shares of common stock in open‑market transactions.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $57.62 | $346K |
| Sale | Common Stock | 6,000 | $57.24 | $343K |
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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
Key Terms
restricted stock units (RSUs) financial
open-market sale financial
accelerated vesting financial
FAQ
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What insider transaction did Red Violet (RDVT) CEO Derek Dubner report?
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