STOCK TITAN

Red Violet (RDVT) president sells 12,000 shares, retains over 232,000 plus RSUs

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

Rhea-AI Filing Summary

Red Violet, Inc. President James Patrick Reilly reported open-market sales of a total of 12,000 shares of common stock on June 1, 2026, executed in two 6,000-share transactions. The shares were sold at prices within disclosed ranges, with weighted average prices of $57.62 and $57.24 per share.

Following these sales, Reilly directly owns 232,351 shares of Red Violet common stock. His reported holdings also include unvested restricted stock units: 13,333 RSUs granted November 30, 2023 that vest on December 1, 2026, 21,000 RSUs granted November 4, 2024 that vest in two equal installments on November 1, 2026 and November 1, 2027, and 18,520 RSUs granted December 19, 2025 that vest in three equal installments on December 1, 2026, December 1, 2027, and December 1, 2028, in each case subject to accelerated vesting under certain circumstances.

Positive

  • None.

Negative

  • None.
Insider Reilly James Patrick
Role President
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 — 238,351 shares (Direct, null)
Footnotes (1)
  1. The shares were sold in multiple transactions at prices ranging from $57.40 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 $57.51, 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 in open-market transactions
Weighted average sale price 1 $57.62 per share First group of sales; trades ranged from $57.40 to $58.07
Weighted average sale price 2 $57.24 per share Second group of sales; trades ranged from $57.00 to $57.51
Shares held after transactions 232,351 shares Direct common stock ownership following 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 two equal installments in 2026 and 2027
2025 RSU grant 18,520 RSUs Granted December 19, 2025; vests in three equal installments from 2026 to 2028
open-market sale financial
"transaction_action: "open-market sale" for both common stock transactions"
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.
restricted stock units (RSUs) financial
"Includes 13,333 restricted stock units (RSUs) originally granted on November 30, 2023"
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.
weighted average price per share financial
"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"
convertible into common stock financial
"convertible into common stock of the issuer on a one-for-one basis"
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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*
Reilly James Patrick

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
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)238,351(2)(3)(4)D
Common Stock06/01/2026S6,000D$57.24(5)232,351(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 $57.40 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 $57.51, 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/ James P. Reilly06/01/2026
** 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) report for President James Patrick Reilly?

Red Violet reported that President James Patrick Reilly sold 12,000 shares of common stock in open-market transactions on June 1, 2026. The sale occurred in two 6,000-share blocks, reflecting routine portfolio activity disclosed in a Form 4 insider trading report.

At what prices did James Patrick Reilly sell Red Violet (RDVT) shares?

Reilly’s 12,000 Red Violet shares were sold in multiple trades within disclosed ranges, with weighted average prices of $57.62 and $57.24 per share. Individual trades occurred between $57.00 and $58.07, according to detailed price ranges provided in the Form 4 footnotes.

How many Red Violet (RDVT) shares does James Patrick Reilly hold after the Form 4 sales?

After the reported sales, Reilly directly holds 232,351 shares of Red Violet common stock. This figure reflects his remaining direct ownership position as shown in the Form 4, separate from additional unvested restricted stock units he has been granted.

What restricted stock units (RSUs) does James Patrick Reilly have in Red Violet (RDVT)?

Reilly holds 13,333 RSUs from November 30, 2023 vesting December 1, 2026; 21,000 RSUs from November 4, 2024 vesting in 2026 and 2027; and 18,520 RSUs from December 19, 2025 vesting over 2026, 2027, and 2028, each subject to possible accelerated vesting.

Were James Patrick Reilly’s Red Violet (RDVT) share sales made in the open market?

Yes. The Form 4 identifies both transactions as open-market sales of Red Violet common stock. The shares were sold in multiple trades within specified price ranges, with weighted average prices disclosed and further trade-level details available upon request to the company or regulators.

Do the Red Violet (RDVT) RSUs held by James Patrick Reilly convert into common stock?

Yes. The RSUs reported for Reilly are each convertible into Red Violet common stock on a one-for-one basis upon vesting. Vesting occurs on specified future dates through 2028, and may accelerate under certain circumstances described in the grant footnotes.