Red Violet (RDVT) president sells 12,000 shares, retains over 232,000 plus RSUs
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $57.62 | $346K |
| Sale | Common Stock | 6,000 | $57.24 | $343K |
Footnotes (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.