Red Violet CFO sells 12,000 shares in open market
Red Violet, Inc. Chief Financial Officer Daniel MacLachlan reported open-market sales of a total of 12,000 shares of common stock on June 1, 2026, executed in two 6,000-share blocks.
Rhea-AI Filing Summary
Red Violet, Inc. Chief Financial Officer Daniel MacLachlan reported open-market sales of a total of 12,000 shares of common stock on June 1, 2026, executed in two 6,000-share blocks. One block had a weighted average price of $57.62 per share and the other $57.24, each across multiple trades within disclosed price ranges.
After these transactions, MacLachlan holds 358,902 shares directly and 466 shares indirectly through an IRA. His position also includes time-vested restricted stock units of 13,333, 21,000, and 18,520 shares scheduled to vest between December 2026 and December 2028, subject to accelerated vesting in certain circumstances.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,000 | $57.62 | $346K |
| Sale | Common Stock | 6,000 | $57.24 | $343K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. The shares were sold in multiple transactions at prices ranging from $57.45 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. The shares were sold in multiple transactions at prices ranging from $57.00 to $57.78, 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.
Key Figures
Key Terms
restricted stock units (RSUs) financial
IRA financial
open-market sale financial
accelerated vesting financial
FAQ
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What insider transaction did Red Violet (RDVT) report for its CFO?
What restricted stock units (RSUs) does the Red Violet (RDVT) CFO have?
Does the Red Violet (RDVT) Form 4 mention how trades were structured?
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