Trigran and Executives Report Joint 4.5% Position in RDVT

Rhea-AI Filing Summary

Trigran Investments, Inc. and five associated individuals report a combined holding of 625,970 shares of Red Violet, Inc., representing 4.5% of the outstanding common stock. The filing discloses shared voting power of 576,088 shares and shared dispositive power of 625,970 shares, with no sole voting or dispositive power reported.

The reporting persons state they disclaim beneficial ownership except to the extent of their pecuniary interest and certify the securities were acquired and are held in the ordinary course of business, not for the purpose of changing control. The filing includes an agreement to make a joint filing among the reporting persons.

Positive

• Transparent disclosure of a 4.5% position in Red Violet (625,970 shares)
• Shared voting power quantified at 576,088 shares aids investor clarity
• Agreement to file jointly clarifies coordination among reporting persons

Negative

• None.

Insights

Financial Analyst

TL;DR: Minority 4.5% holding disclosed; limited market impact given sub-5% stake and shared control.

The Schedule 13G/A reports a 4.5% economic position (625,970 shares) with shared voting power of 576,088 and no sole voting or dispositive power. From a capital-markets perspective, holdings below 5% are typically considered non-control positions and are less likely to drive near-term strategic change. The explicit ordinary-course certification and disclaimer of beneficial ownership further reduce the filing's implication of an imminent change in corporate control.

Corporate Governance Expert

TL;DR: Joint filing and disclaimers indicate coordinated disclosure but limited governance influence.

The document evidences coordination among Trigran and named individuals through an agreement to make a joint filing. Reported shared voting and dispositive powers show collective involvement in the position, yet the filers expressly disclaim beneficial ownership except for pecuniary interest and certify holdings are not intended to change control. These formal statements constrain governance implications and suggest the filing is chiefly procedural and disclosure-oriented.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

Red Violet, Inc.

(Name of Issuer)

Common Stock, Par Value of $0.001 Per Share

(Title of Class of Securities)

75704L104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 75704L104

1

Names of Reporting Persons

Trigran Investments, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 576,088.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 625,970.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

625,970.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

IA, CO

Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.

SCHEDULE 13G

CUSIP No. 75704L104

1

Names of Reporting Persons

Douglas T. Granat

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 576,088.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 625,970.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

625,970.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

HC, IN

Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.

SCHEDULE 13G

CUSIP No. 75704L104

1

Names of Reporting Persons

Lawrence A. Oberman

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 576,088.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 625,970.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

625,970.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

HC, IN

Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.

SCHEDULE 13G

CUSIP No. 75704L104

1

Names of Reporting Persons

Steven G. Simon

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 576,088.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 625,970.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

625,970.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

HC, IN

Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.

SCHEDULE 13G

CUSIP No. 75704L104

1

Names of Reporting Persons

Bradley F. Simon

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 576,088.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 625,970.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

625,970.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

HC, IN

Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.

SCHEDULE 13G

CUSIP No. 75704L104

1

Names of Reporting Persons

Steven R. Monieson

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 576,088.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 625,970.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

625,970.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

HC, IN

Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Red Violet, Inc.
(b)	Address of issuer's principal executive offices: 2650 North Military Trail, Suite 300 Boca Raton, FL, 33431
Item 2.
(a)	Name of person filing: See Item 2(c)
(b)	Address or principal business office or, if none, residence: See Item 2(c)
(c)	Citizenship: Trigran Investments, Inc., 630 Dundee Road, Suite 230, Northbrook, IL 60062 (Illinois corporation) Douglas T. Granat, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen) Lawrence A. Oberman, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen) Steven G. Simon, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen) Bradley F. Simon, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen) Steven R. Monieson, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen)
(d)	Title of class of securities: Common Stock, Par Value of $0.001 Per Share
(e)	CUSIP No.: 75704L104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Incorporated by reference to Item 9 of the cover page pertaining to each reporting person. Douglas Granat, Lawrence A. Oberman, Steven G. Simon, Bradley F. Simon, and Steven R. Monieson are the controlling shareholders and officers of Trigran Investments, Inc. and thus may be considered the beneficial owners of shares beneficially owned by Trigran Investments, Inc.
(b)	Percent of class: Incorporated by reference to Item 11 of the cover page pertaining to each reporting person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Incorporated by reference to Item 5 of the cover page pertaining to each reporting person.
	(ii) Shared power to vote or to direct the vote: Incorporated by reference to Item 6 of the cover page pertaining to each reporting person.
	(iii) Sole power to dispose or to direct the disposition of: Incorporated by reference to Item 7 of the cover page pertaining to each reporting person.
	(iv) Shared power to dispose or to direct the disposition of: Incorporated by reference to Item 8 of the cover page pertaining to each reporting person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

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.

Trigran Investments, Inc.

Signature:	/s/ Lawrence A. Oberman
Name/Title:	Executive Vice President
Date:	08/13/2025

Douglas T. Granat

Signature:	/s/ Douglas Granat
Name/Title:	Douglas Granat
Date:	08/13/2025

Lawrence A. Oberman

Signature:	/s/ Lawrence A. Oberman
Name/Title:	Lawrence A. Oberman
Date:	08/13/2025

Steven G. Simon

Signature:	/s/ Steve G. Simon
Name/Title:	Steve G. Simon
Date:	08/13/2025

Bradley F. Simon

Signature:	/s/ Bradley F. Simon
Name/Title:	Bradley F. Simon
Date:	08/13/2025

Steven R. Monieson

Signature:	/s/ Steven R. Monieson
Name/Title:	Steven R. Monieson
Date:	08/13/2025

Exhibit Information

Exhibit 1: Agreement to Make a Joint Filing

FAQ

What stake does Trigran Investments report in Red Violet (RDVT)?

Trigran Investments and associated reporting persons disclose ownership of 625,970 shares, representing 4.5% of Red Violet's common stock.

Who are the reporting persons on the Schedule 13G/A for RDVT?

The filing lists Trigran Investments, Inc. and individuals Douglas T. Granat, Lawrence A. Oberman, Steven G. Simon, Bradley F. Simon, and Steven R. Monieson as reporting persons.

What voting and dispositive powers are reported for the position?

The filing reports 0 sole voting power, 576,088 shared voting power, 0 sole dispositive power, and 625,970 shared dispositive power.

Does the filing indicate an intent to change control of Red Violet (RDVT)?

No. The reporting persons certify the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control.

Is the reported ownership considered more than 5% of the class?

No. The aggregate amount reported is 4.5% of the class, categorized under ownership of 5 percent or less.