Red Violet (RDVT) investors dissolve 13D group below 5% stake

Rhea-AI Filing Summary

Red Violet, Inc. investors file Amendment No. 1 to their Schedule 13D to report that their prior “group” has been dissolved and each now reports holdings individually. As of April 30, 2026, based on 14,108,921 shares outstanding, Derek Dubner beneficially owns 504,420 shares of common stock (3.6%), Daniel MacLachlan 306,049 shares (2.2%), James Patrick Reilly 179,498 shares (1.3%), and Jeffrey Alan Dell 116,249 shares (0.8%). Together they beneficially own 7.8% of Red Violet’s common stock. On June 1, 2026, Dubner, MacLachlan and Reilly each sold 12,000 shares and Dell sold 10,000 shares in open-market transactions at weighted average prices of $57.43 and $57.44 per share. The amendment states that, effective June 1, 2026, they no longer may be deemed a “group” under Section 13(d)(3), each beneficially owns less than 5%, and this filing serves as an exit filing for the prior group.

Key Figures

Dubner beneficial ownership: 504,420 shares (3.6%) MacLachlan beneficial ownership: 306,049 shares (2.2%) Reilly beneficial ownership: 179,498 shares (1.3%) +5 more

8 metrics

Dubner beneficial ownership 504,420 shares (3.6%) Red Violet common stock as of April 30, 2026

MacLachlan beneficial ownership 306,049 shares (2.2%) Red Violet common stock as of April 30, 2026

Reilly beneficial ownership 179,498 shares (1.3%) Red Violet common stock as of April 30, 2026

Dell beneficial ownership 116,249 shares (0.8%) Red Violet common stock as of April 30, 2026

Aggregate beneficial ownership 7.8% of common stock Combined holdings of four reporting persons

Shares outstanding 14,108,921 shares Red Violet common stock outstanding as of April 30, 2026

June 1, 2026 sales 12,000 + 12,000 + 12,000 + 10,000 shares Open-market sales by Dubner, MacLachlan, Reilly, Dell

Sale prices $57.43 and $57.44 per share Weighted average prices on June 1, 2026

Key Terms

Schedule 13D, Section 13(d)(3), Regulation 13D, beneficially own, +2 more

6 terms

Schedule 13D regulatory

"The following constitutes Amendment No. 1 to the filed by the Reporting Persons."

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

Section 13(d)(3) regulatory

"no longer constitute a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934"

Regulation 13D regulatory

"terminate their informal oral agreement to act as a "group" for purposes of Regulation 13D solely with respect to the Common Stock"

Regulation 13D is a U.S. securities rule that requires anyone who acquires more than 5% of a public company's stock to file a public notice explaining who they are, how much they own and their intentions for the investment. For investors, it acts like an early warning light — revealing potential activist buyers or takeover attempts so market participants can judge whether a big shareholder’s plans might change the company’s strategy, management or share value.

beneficially own financial

"each of Messrs. Dubner, MacLachlan, Reilly and Dell, separately beneficially owns less than 5% of the outstanding Common Stock"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

weighted average price financial

"each sold 12,000 shares of Common Stock in the open market ... at a weighted average price of $57.43"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

exit filing regulatory

"represents the final amendment to the and constitutes an exit filing for each of the Reporting Persons"

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

Red Violet, Inc.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

75704L104

(CUSIP Number)

Joshua B. Weingard
2650 North Military Trail, Suite 300,
Boca Raton, FL, 33431
561-757-4000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

06/01/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 75704L104

1

Name of reporting person

Dubner Derek

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 504,420.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 504,420.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

504,420.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

3.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Includes 504,420 shares of common stock of Red Violet, Inc. held directly by Derek Dubner. Calculated using 14,108,921 shares of common stock of Red Violet, Inc. outstanding as of April 30, 2026, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the Securities and Exchange Commission (the "SEC") on May 6, 2026.

SCHEDULE 13D

CUSIP Number(s): 75704L104

1

Name of reporting person

MacLachlan Daniel

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 306,049.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 306,049.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

306,049.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

2.2 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Includes 305,583 shares of common stock of Red Violet, Inc. held directly by Daniel MacLachlan and 466 shares of common stock of Red Violet, Inc. held by an IRA. Calculated using 14,108,921 shares of common stock of Red Violet, Inc. outstanding as of April 30, 2026, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 6, 2026.

SCHEDULE 13D

CUSIP Number(s): 75704L104

1

Name of reporting person

Reilly James Patrick

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 179,498.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 179,498.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

179,498.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.3 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Includes 179,498 shares of common stock of Red Violet, Inc. held directly by James Patrick Reilly. Calculated using 14,108,921 shares of common stock of Red Violet, Inc. outstanding as of April 30, 2026, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 6, 2026.

SCHEDULE 13D

CUSIP Number(s): 75704L104

1

Name of reporting person

Dell Jeffrey Alan

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 116,249.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 116,249.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

116,249.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.8 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Includes 116,249 shares of common stock of Red Violet, Inc. held directly by Jeffrey Alan Dell. Calculated using 14,108,921 shares of common stock of Red Violet, Inc. outstanding as of April 30, 2026, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 6, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $0.001 par value per share
(b)	Name of Issuer: Red Violet, Inc.
(c)	Address of Issuer's Principal Executive Offices: 2650 North Military Trail, Suite 300, Boca Raton, FLORIDA , 33431.
Item 1 Comment: The following constitutes Amendment No. 1 to the Schedule 13D filed by the Reporting Persons. This Amendment is being filed to update the Schedule 13D to reflect that the Reporting Persons no longer constitute a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Unless otherwise indicated, all capitalized terms used herein shall have the meanings given to them in the Schedule 13D, and unless amended or supplemented hereby, all information previously filed remains in effect.
Item 2.	Identity and Background
(a)	Item 2 is hereby amended to add the following: On June 1, 2026, the Reporting Persons mutually agreed that they no longer intended to act together and orally agreed to dissolve and terminate their informal oral agreement to act as a "group" for purposes of Regulation 13D solely with respect to the Common Stock of the Company. In connection with such termination, each of the Reporting Persons acknowledged and agreed that they are no longer members of a "group" within the meaning of Section 13(d)(3) of the Exchange Act. Accordingly, the Reporting Persons no longer may be deemed a "group" within the meaning of Section 13(d)(3) of the Exchange Act.
Item 4.	Purpose of Transaction
	Item 4 is hereby amended to add the following: As described in Item 2, on June 1, 2026, the Reporting Persons mutually agreed to dissolve and terminate their informal oral agreement to act as a "group" for purposes of Regulation 13D solely with respect to the Common Stock of the Company. In connection with such termination, each of the Reporting Persons acknowledged and agreed that they are no longer members of a "group" within the meaning of Section 13(d)(3) of the Exchange Act. Accordingly, effective as of June 1, 2026, the Reporting Persons no longer may be deemed a "group" within the meaning of Section 13 (d)(3) of the Exchange Act and each of Messrs. Dubner, MacLachlan, Reilly and Dell, separately beneficially owns less than 5% of the outstanding Common Stock of the Company and shall cease to be Reporting Persons immediately after the filing of this Amendment No. 1. The Reporting Persons regularly review their investments in the Company and, based upon such review, reserve their rights to take such actions on an individual basis in the future as the Reporting Persons may deem appropriate in light of the circumstances existing from time to time. The Reporting Persons may take such actions with respect to their investments in the Company as they deem appropriate, including, without limitation, purchasing additional shares of Common Stock or other financial instruments related to the Company or selling some or all of their beneficial or economic holdings with respect to the securities relating to the Company, and/or changing their intention with respect to any and all matters referred to in Item 4 of Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D (including footnotes thereto) is incorporated herein by reference. As of the date of this filing, the Reporting Persons together, beneficially own 7.8% of the shares of Common Stock outstanding as of April 30, 2026, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 6, 2026, and individually as follows: (1) Mr. Dubner beneficially owns an aggregate of 504,420 shares of Common Stock, or 3.6%. (2) Mr. MacLachlan beneficially owns an aggregate of 306,049 shares of Common Stock, or 2.2%. (3) Mr. Reilly beneficially owns an aggregate of 179,498 shares of Common Stock, or 1.3%. (4) Mr. Dell beneficially owns an aggregate of 116,249 shares of Common Stock, or 0.8%.
(b)	As of the date of this filing, the Reporting Persons comprise a group within the meaning of Section 13(d)(3) of the Act, and beneficially own the shares of Common Stock as set forth next to their names: Shareholder Name: Derek Dubner No. of Shares Beneficially Owned (1) 504,420 Percentage Ownership 3.6% (2) Sole Voting Power 504,420 Shared Voting Power 0 Sole Dispositive Power 504,420 Shared Dispositive Power 0 Shareholder Name: Daniel MacLachlan No. of Shares Beneficially Owned (1) 306,049 Percentage Ownership 2.2% (2) Sole Voting Power 306,049 Shared Voting Power 0 Sole Dispositive Power 306,049 Shared Dispositive Power 0 Shareholder Name: James Patrick Reilly No. of Shares Beneficially Owned (1) 179,498 Percentage Ownership 1.3% (2) Sole Voting Power 179,498 Shared Voting Power 0 Sole Dispositive Power 179,498 Shared Dispositive Power 0 Shareholder Name: Jeffrey Alan Dell No. of Shares Beneficially Owned (1) 116,249 Percentage Ownership 0.8% (2) Sole Voting Power 116,249 Shared Voting Power 0 Sole Dispositive Power 116,249 Shared Dispositive Power 0
(c)	(1) Each Reporting Person expressly disclaims beneficial ownership of the shares of Common Stock beneficially owned by the other Reporting Persons. No Reporting Person is responsible for the completeness and accuracy of the information concerning any other Reporting Person. (2) The beneficial ownership percentage used in this Schedule 13D is calculated based upon a total of 14,108,921 shares of common stock of Red Violet, Inc. outstanding as of April 30, 2026, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 6, 2026.
(d)	During the past 60 days, the Reporting Persons have effected the following transactions in the Common Stock: (1) On June 1, 2026, Messrs. Dubner, MacLachlan and Reilly each sold 12,000 shares of Common Stock in the open market to third parties, at a weighted average price of $57.43, and Mr. Dell sold 10,000 shares of Common Stock in the open market to third parties, at a weighted average price of $57.44, as reported on the Form 4s filed June 1, 2026.
(e)	As of June 1, 2026, as described in Item 2 and Item 4 above, each of the Reporting Persons has ceased to be a part of any "group" within the meaning of the Exchange Act that may have been deemed to have been formed among the Reporting Persons and, accordingly, each of the Reporting Persons has ceased to be the beneficial owner of more than 5% of the Company's outstanding Common Stock. The filing of this Amendment No. 1 represents the final amendment to the Schedule 13D and constitutes an exit filing for each of the Reporting Persons and the Reporting Persons as a group.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Item 6 of the Statement is hereby amended and restated in its entirety as follows: The Reporting Persons previously disclosed an informal oral agreement to act as a group for purposes of Regulation 13D solely with respect to the Common Stock of the Company. On June 1, 2026, the Reporting Persons mutually orally agreed to terminate such oral agreement in its entirety effective as of June 1, 2026. The Reporting Persons previously reported on this statement that, by virtue of the arrangements described in the statement, the Reporting Persons may have been deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Exchange Act. Effective as of the termination of their oral agreement, the Reporting Persons no longer may be deemed to be a "group" within the meaning of Section 13(d)(3) of the Exchange Act. Any further filings with respect to securities of the Company will be filed, if required, separately by Messrs. Dubner, MacLachlan, Reilly and Dell. Messrs. Dubner, MacLachlan, Reilly and Dell no longer may be deemed to beneficially own or share beneficial ownership of any securities of the Company owned by any other Reporting Person. As a result, the Reporting Persons no longer may be deemed to beneficially own more than 5% of the Common Stock.
Item 7.	Material to be Filed as Exhibits.
	Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dubner Derek

Signature:	/s/ Derek Dubner
Name/Title:	Derek Dubner
Date:	06/01/2026

MacLachlan Daniel

Signature:	/s/ Daniel MacLachlan
Name/Title:	Daniel MacLachlan
Date:	06/01/2026

Reilly James Patrick

Signature:	/s/ James Patrick Reilly
Name/Title:	James Patrick Reilly
Date:	06/01/2026

Dell Jeffrey Alan

Signature:	/s/ Jeffrey Alan Dell
Name/Title:	Jeffrey Alan Dell
Date:	06/01/2026

FAQ

What does Red Violet (RDVT) shareholders’ Schedule 13D/A Amendment No. 1 report?

The amendment reports that four Red Violet shareholders dissolved their prior Section 13(d) “group” and now report holdings individually. Each beneficially owns under 5% of common stock, and the filing serves as an exit filing for the former group arrangement.

How many Red Violet (RDVT) shares do the former group members now own?

Collectively, the four investors beneficially own 7.8% of Red Violet’s common stock. Individually, Derek Dubner holds 504,420 shares, Daniel MacLachlan 306,049, James Patrick Reilly 179,498, and Jeffrey Alan Dell 116,249, based on 14,108,921 shares outstanding as of April 30, 2026.

Did the Red Violet (RDVT) reporting persons recently sell any shares?

Yes. On June 1, 2026, Dubner, MacLachlan and Reilly each sold 12,000 Red Violet shares, while Dell sold 10,000 shares. These open-market sales were executed at weighted average prices of $57.43 and $57.44 per share, according to the amendment.

Why did the Red Violet (RDVT) investors dissolve their Section 13(d) group?

The amendment states that on June 1, 2026, the reporting persons mutually agreed to terminate their informal oral agreement to act as a “group” for Regulation 13D purposes. As a result, they acknowledge they no longer may be deemed a group under Section 13(d)(3).

What percentage of Red Violet (RDVT) does each former group member hold now?

Based on 14,108,921 shares outstanding as of April 30, 2026, Dubner holds 3.6% of Red Violet common stock, MacLachlan 2.2%, Reilly 1.3%, and Dell 0.8%. Each beneficially owns less than 5% following the reported changes.

Will future Red Violet (RDVT) ownership reports from these investors be joint or separate?

The amendment explains that any future filings regarding Red Violet securities will, if required, be made separately by Messrs. Dubner, MacLachlan, Reilly and Dell. They no longer may be deemed to share beneficial ownership of each other’s holdings under Section 13(d)(3).