Red Violet Form 4: 9,379-share tax withholding at $53.63 reported
Rhea-AI Filing Summary
Red Violet, Inc. (RDVT) reported a Form 4 for CEO, Director, and Chairman Derek Dubner. On 11/03/2025, he reported a code F disposition of 9,379 common shares at $53.63 per share to satisfy tax obligations upon RSU vesting. Following the transaction, Dubner reported 571,000 shares beneficially owned, held directly.
Per the footnotes, the tax withholding relates to the vesting of the third tranche of 13,333 RSUs from a grant approved on October 12, 2022 and the first tranche of 10,500 RSUs from a grant approved on November 4, 2024. His holdings include 26,666 RSUs (granted November 30, 2023) vesting in equal parts on December 1, 2025 and December 1, 2026, and 21,000 RSUs (granted November 4, 2024) vesting in equal parts on November 1, 2026 and November 1, 2027, each convertible one-for-one into common stock and subject to accelerated vesting under certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,379 | $53.63 | $503K |
Footnotes (1)
- Represents the disposition to issuer for tax obligations upon the vesting of the third tranche of 13,333 restricted stock units (RSUs) of the grant originally approved by the Company's Compensation Committee on October 12, 2022 and the first tranche of 10,500 RSUs of the grant originally approved by the Company's Compensation Committee on November 4, 2024. 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. 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.