Red Violet (RDVT) director gets 1,857 RSU award for Audit Committee role
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Red Violet, Inc. director Greg Strakosch reported an equity compensation grant in the form of restricted stock units. On March 2, 2026, he acquired 1,857 RSUs convertible into common stock on a one-for-one basis, awarded in connection with his appointment to the Company’s Audit Committee.
The grant vests over three years: 507 shares on December 1, 2026 and 675 shares on each of December 1, 2027 and December 1, 2028, with potential accelerated vesting under certain conditions. After this grant, his directly held common stock and RSUs total 5,867 shares, including RSUs originally granted in March 2025 and December 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Strakosch Greg
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,857 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,867 shares (Direct)
Footnotes (1)
- On March 2, 2026, the reporting person received a grant of 1,857 restricted stock units ("RSUs") convertible into common stock of the issuer on a one-for-one basis, which vests 507 shares on December 1, 2026 and 675 shares on each of December 1, 2027 and December 1, 2028, subject to accelerated vesting under certain conditions. The RSUs were awarded to the reporting person as a result of being appointed to serve on the Company's Audit Committee effective March 2, 2026. Includes 1,880 RSUs originally granted on March 4, 2025, convertible into common stock of the issuer on a one-for-one basis, which vests in three equal installments on each of March 1, 2026 (which as of the date of this Form 4 have not been delivered), March 1, 2027, and March 1, 2028, subject to accelerated vesting under certain circumstances. Includes 2,130 RSUs originally granted on December 19, 2025, convertible into common stock of the issuer on a one-for-one basis, which vest in approximately three equal installments on each of December 1, 2026, December 1, 2027, and December 1, 2028, subject to accelerated vesting under certain conditions.
FAQ
What insider transaction did Red Violet (RDVT) report for Greg Strakosch?
Red Violet director Greg Strakosch reported an equity award of 1,857 restricted stock units. These RSUs are convertible into common stock on a one-for-one basis and were granted as compensation for his service on the company’s Audit Committee effective March 2, 2026.
How many RSUs did Greg Strakosch receive from Red Violet (RDVT) and on what terms?
Greg Strakosch received 1,857 restricted stock units from Red Violet as of March 2, 2026. Each RSU converts into one share of common stock, subject to a time-based vesting schedule and potential accelerated vesting under certain conditions described in the award terms.
What is the vesting schedule for Greg Strakosch’s 1,857 RSUs at Red Violet (RDVT)?
The 1,857 RSUs vest in three tranches: 507 shares on December 1, 2026 and 675 shares on each of December 1, 2027 and December 1, 2028. The footnotes also note potential accelerated vesting under certain conditions tied to the award.
Why did Red Violet (RDVT) grant RSUs to director Greg Strakosch?
Red Violet granted 1,857 RSUs to director Greg Strakosch as compensation for being appointed to serve on the company’s Audit Committee effective March 2, 2026. Such grants are a common way to align director incentives with shareholder interests through equity-based compensation.
What prior RSU awards to Greg Strakosch are referenced in the Red Violet (RDVT) Form 4?
The Form 4 references 1,880 RSUs granted on March 4, 2025 and 2,130 RSUs granted on December 19, 2025. Both sets are convertible one-for-one into common stock and vest in installments during 2026, 2027, and 2028, with possible accelerated vesting in certain circumstances.