Red Violet (RDVT) CIO trims stake with 10,000-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Red Violet, Inc.'s Chief Information Officer, Jeffrey Alan Dell, sold 10,000 shares of common stock in two open-market transactions on June 1, 2026. The sales covered 5,000 shares at $57.25 and 5,000 shares at $57.62 per share, based on weighted average prices within disclosed ranges.
Following these transactions, he directly holds 155,889 shares of common stock. His position includes 10,000 RSUs granted November 30, 2023, 15,750 RSUs granted November 4, 2024, and 13,890 RSUs granted December 19, 2025, which vest in stages from December 2026 through December 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($574,350)
Net Sell
2 txns
Insider
DELL JEFFREY ALAN
Role
Chief Information Officer
Sold
10,000 shs ($574K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $57.62 | $288K |
| Sale | Common Stock | 5,000 | $57.25 | $286K |
Holdings After Transaction:
Common Stock — 160,889 shares (Direct, null)
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 10,000 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 15,750 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 13,890 RSUs originally granted on 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 $57.46, inclusive, with a weighted average price per share of $57.25. 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: 10,000 shares
Sale price tranche 1: $57.25 per share
Sale price tranche 2: $57.62 per share
+4 more
7 metrics
Shares sold
10,000 shares
Open-market sales of Red Violet common stock on June 1, 2026
Sale price tranche 1
$57.25 per share
5,000-share sale, weighted average within $57.00–$57.46 range
Sale price tranche 2
$57.62 per share
5,000-share sale, weighted average within $57.40–$58.07 range
Shares held after transactions
155,889 shares
Direct ownership of Red Violet common stock post-sale
2023 RSU grant
10,000 RSUs
Granted November 30, 2023; vests December 1, 2026
2024 RSU grant
15,750 RSUs
Granted November 4, 2024; vests in 2026 and 2027
2025 RSU grant
13,890 RSUs
Granted December 19, 2025; vests 2026, 2027, 2028
Key Terms
restricted stock units (RSUs), weighted average price per share, open-market sale, vesting
4 terms
restricted stock units (RSUs) financial
"Includes 10,000 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" and 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.
vesting financial
"which vests in three equal installments on each of December 1, 2026, December 1, 2027, and December 1, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did RDVT executive Jeffrey Alan Dell report?
Jeffrey Alan Dell reported selling 10,000 shares of Red Violet common stock in open-market transactions. The sales occurred on June 1, 2026, in two 5,000-share blocks, reflecting routine portfolio activity rather than any derivative exercise or grant event.
How many RSUs does RDVT executive Jeffrey Alan Dell have outstanding?
His holdings include 10,000 RSUs granted November 30, 2023, 15,750 RSUs granted November 4, 2024, and 13,890 RSUs granted December 19, 2025. Each RSU converts into one share of common stock upon vesting on specified future dates.
When will Jeffrey Alan Dell’s Red Violet RSUs vest?
The 10,000 RSUs granted in November 2023 vest on December 1, 2026. The 15,750 RSUs from November 2024 vest in two equal installments on November 1, 2026 and 2027, while 13,890 RSUs from December 2025 vest in three equal tranches from 2026 through 2028.
Were the RDVT insider transactions open-market sales or another type?
The Form 4 describes both transactions as open-market sales of common stock. They are coded as “S” transactions, meaning sales in the open market or private transactions, rather than option exercises, tax withholding, gifts, or other non-market events.