Form 4: Director William Livek Receives RSU Grant at Red Violet
Director Compensation Disclosure
Director William Livek was granted 2,088 restricted stock units as part of his compensation package with Red Violet, Inc.
Summary
- Director William Livek received a grant of 2,088 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's total beneficial ownership stands at 20,733 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
- Standardized RSU grant structure with clear vesting milestones.
Negatives
- None identified; this is a routine disclosure of director compensation.
Risks
- Vesting is subject to accelerated conditions which could impact share dilution timing.
- General market risks associated with equity-based compensation and stock price volatility.
Future Outlook
The filing does not provide forward-looking financial guidance, focusing solely on director equity compensation.
Industry Context
StockSavvy.ai notes that routine equity grants to directors are standard practice in the technology and data services sector to ensure board alignment with corporate performance.
Comparison to Industry Standards
- The use of RSUs for director compensation is consistent with standard corporate governance practices for publicly traded companies of similar size.
- Vesting schedules tied to annual meetings or multi-year periods are common benchmarks for executive and director retention.
Stakeholder Impact
- Minor dilution impact for existing shareholders upon the eventual conversion of RSUs to common stock.
Next Steps
- Vesting of 1,383 RSUs on December 1, 2026.
- Vesting of 2,506 RSUs in installments on November 1, 2026 and November 1, 2027.
- Vesting of 1,484 RSUs in installments on November 1, 2026 and November 1, 2027.
- Vesting of 3,755 RSUs in installments on December 1, 2026, December 1, 2027, and December 1, 2028.
Key Dates
| Date | Description |
|---|---|
| 2024-01-05 | Original grant date of 1,383 RSUs. |
| 2024-11-04 | Original grant date of 2,506 RSUs. |
| 2025-03-04 | Original grant date of 1,484 RSUs. |
| 2025-12-19 | Original grant date of 3,755 RSUs. |
| 2026-06-04 | Transaction date of the new 2,088 RSU grant. |
| 2026-06-05 | Filing date of the Form 4. |
Keywords
Red Violet, RDVT, Form 4, Insider Trading, Director Compensation, Restricted Stock Units, Equity Grant
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