Form 4: Red Violet CFO Executes Stock Sale

Red Violet, Inc. Chief Financial Officer Daniel MacLachlan sold 12,000 shares of common stock on June 1, 2026.

Summary

• CFO Daniel MacLachlan sold a total of 12,000 shares of Red Violet, Inc. common stock.
• The sales were executed in two tranches of 6,000 shares each.
• The first tranche was sold at a weighted average price of $57.62 per share.
• The second tranche was sold at a weighted average price of $57.24 per share.
• Following these transactions, the reporting person maintains direct ownership of 358,902 shares and indirect ownership of 466 shares held in an IRA.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as routine insider selling is common and does not inherently indicate a change in company strategy or health.

Positives

• The executive maintains a significant remaining equity stake of 358,902 shares, indicating continued alignment with shareholder interests.

Negatives

• The sale of 12,000 shares by a key executive may be perceived by some investors as a lack of confidence or a signal that the stock is fully valued.

Risks

• Future share price volatility could impact the value of the remaining 52,853 unvested restricted stock units held by the CFO.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Industry Context

StockSavvy.ai notes that insider selling is a common practice for liquidity or tax planning purposes and does not necessarily reflect a negative outlook on the company's fundamental business performance.

Comparison to Industry Standards

• Insider sales by C-suite executives are standard practice in the technology and data services sector for portfolio diversification.

Stakeholder Impact

• Shareholders may monitor insider activity for signals regarding management's view on current valuation.

Next Steps

• Vesting of 13,333 RSUs on December 1, 2026.
• Vesting of 21,000 RSUs in installments on November 1, 2026 and November 1, 2027.
• Vesting of 18,520 RSUs in installments on December 1, 2026, 2027, and 2028.

Key Dates

Keywords

Red Violet, RDVT, Insider Trading, Form 4, CFO, Stock Sale