Form 4: Director Steven D. Rubin Receives RSU Grant at Red Violet

Director Steven D. Rubin was granted 2,179 restricted stock units as part of his compensation package with Red Violet, Inc.

Summary

• Director Steven D. Rubin acquired 2,179 restricted stock units (RSUs) on June 4, 2026.
• The RSUs are convertible into common stock on a one-for-one basis.
• The grant vests on the earlier of one year from the grant date or the 2027 annual meeting of stockholders.
• Following this transaction, the reporting person beneficially owns 147,767 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

• The grant aligns the director's interests with long-term shareholder value through equity-based compensation.

Negatives

• The issuance of additional RSUs results in potential future dilution for existing shareholders.

Risks

• Vesting is subject to accelerated conditions which could impact the timing of share issuance.
• The value of the equity is subject to market volatility of Red Violet, Inc. common stock.

Future Outlook

The RSUs are scheduled to vest on the earlier of June 4, 2027, or the 2027 annual meeting of stockholders, subject to specific acceleration clauses.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term oversight and alignment with company performance in the technology and data services sector.

Comparison to Industry Standards

• The use of RSU grants for director compensation is consistent with standard practices for publicly traded companies of similar market capitalization.
• The one-for-one conversion ratio is standard for equity incentive plans.

Stakeholder Impact

• Minor potential dilution for existing shareholders upon the eventual vesting and conversion of the RSUs.

Next Steps

• Vesting of the 2,179 RSUs on or before the 2027 annual meeting of stockholders.

Key Dates

Keywords

Red Violet, RDVT, Form 4, Insider Transaction, Restricted Stock Units, Equity Compensation