[Form 4] Red Violet, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Red Violet, Inc. (RDVT) – Form 4 filing dated 07/02/2025 discloses that Chief Financial Officer Daniel MacLachlan executed a Code G transaction (gift) on 06/30/2025. The filing shows he donated 375 shares of common stock to a qualified religious and educational organization. Because the transaction was a charitable gift, no sale price was reported.

Following the gift, MacLachlan’s direct beneficial ownership stands at 382,542 common shares. In addition, he holds 466 shares indirectly through an IRA. The ownership figure includes a total of 71,499 Restricted Stock Units (RSUs) granted between October 2022 and November 2024, which vest between November 2025 and November 2027 under standard and accelerated-vesting conditions. No derivative securities were acquired or disposed of in the current filing period.

The 375-share gift represents a reduction of approximately 0.1 % of MacLachlan’s reported holdings and does not constitute a market transaction. Consequently, the filing does not signal insider selling pressure and is unlikely to have a material impact on Red Violet’s share supply-demand dynamics.

Positive

• Transaction classified as a charitable gift, not an open-market sale, avoiding negative price implications and suggesting continued insider confidence.

Negative

• Insider share count decreased by 375 shares, though the reduction is immaterial (<0.1 % of holdings).

Insights

Financial Analyst

TL;DR: Small charitable gift by CFO; ownership largely unchanged—neutral for valuation.

The 375-share gift is de minimis relative to the CFO’s 382k-share position and Red Violet’s public float. Because no shares were sold on the open market, the transaction does not indicate bearish sentiment or liquidity needs. The continued large stake, plus substantial unvested RSUs, aligns the executive’s incentives with shareholders. From a valuation or liquidity perspective, this filing should be considered non-impactful to the investment thesis.

Corporate Governance Expert

TL;DR: Charitable transfer reflects personal philanthropy; governance implications neutral.

The Code G designation confirms the transfer was strictly charitable, with no consideration received. Such gifts comply with SEC rules and do not raise governance red flags. MacLachlan remains a significant insider with over 382k shares and long-dated RSUs, maintaining strong alignment with shareholder interests. There is no indication of Rule 10b5-1 trading or potential conflicts. Governance impact is therefore minimal.

SEC Form 4

FORM 4

UNITED 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^*

MacLachlan Daniel

(Last) (First) (Middle)

C/O RED VIOLET, INC.

2650 N. MILITARY TRAIL, SUITE 300

(Street)

BOCA RATON FL 33431

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Red Violet, Inc. [ RDVT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2025		G		375	D	(1)	382,542(2)(3)(4)	D
Common Stock								466	I	Held by IRA

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction represented a gift/charitable donation effective June 30, 2025, to a qualified religious and educational organization. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.

2. Includes 13,333 Restricted Stock Units (RSUs) originally granted on October 12, 2022, convertible into common stock of the issuer on a one-for-one basis, which vests on November 1, 2025, subject to accelerated vesting under certain conditions.

3. Includes 26,666 RSUs originally granted on November 30, 2023, convertible into common stock of the issuer on a one-for-one basis, which vests in two equal installments on each of December 1, 2025, and December 1, 2026, subject to accelerated vesting under certain circumstances.

4. Includes 31,500 RSUs originally granted on November 4, 2024, convertible into common stock of the issuer on a one-for-one basis, which vests in three equal installments on each of November 1, 2025, November 1, 2026, and November 1, 2027, subject to accelerated vesting under certain circumstances.

	/s/ Daniel MacLachlan	07/02/2025
	** Signature of Reporting Person	Date
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.

FAQ

How many RDVT shares did the CFO gift?

Daniel MacLachlan gifted 375 common shares on 06/30/2025.

What is the CFO's total RDVT ownership after the transaction?

He now beneficially owns 382,542 direct shares plus 466 indirect shares held in an IRA.

Was the RDVT insider transaction a sale?

No. The filing uses Transaction Code G, indicating a charitable gift with no sale proceeds.

Do the reported holdings include unvested RSUs?

Yes. Ownership figures encompass 71,499 RSUs granted between 2022 and 2024, vesting from 2025-2027.

Is this Form 4 filing likely to affect RDVT's stock price?

Given the small size and non-market nature of the transfer, the impact is expected to be negligible.