Form 4: Red Violet CFO Gifts 1,000 Shares to Charity

Red Violet, Inc. Chief Financial Officer Daniel MacLachlan reported a gift of 1,000 shares of common stock to a charitable organization.

Summary

• Daniel MacLachlan, Chief Financial Officer of Red Violet, Inc. (RDVT), reported a disposition of 1,000 shares of common stock.
• The transaction was a gift/charitable donation to a qualified religious and educational organization, effective December 3, 2025.
• No value was received for the gifted shares, and it was not a market transaction.
• Following the transaction, MacLachlan directly beneficially owns 357,163 shares of common stock.
• This direct ownership includes 26,666 Restricted Stock Units (RSUs) granted on November 30, 2023, which vest in two equal installments on December 1, 2025, and December 1, 2026.
• It also includes 21,000 RSUs granted on November 4, 2024, which vest in two equal installments on November 1, 2026, and November 1, 2027.
• MacLachlan also indirectly beneficially owns 466 shares held by an IRA.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction (a gift) and does not reflect company performance or strategic direction.

Positives

• The Chief Financial Officer's charitable donation demonstrates personal philanthropy.

Negatives

• A reduction in direct beneficial ownership by 1,000 shares.

Future Outlook

The filing details future vesting schedules for the Chief Financial Officer's Restricted Stock Units, with installments due on December 1, 2025, December 1, 2026, November 1, 2026, and November 1, 2027, subject to accelerated vesting under certain circumstances.

Industry Context

This Form 4 filing reports a routine insider transaction (a gift of shares) and does not provide information relevant to broader industry trends or competitive analysis for Red Violet, Inc.

Stakeholder Impact

• Shareholders: Minimal impact due to the small number of shares involved in a personal gift transaction.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• First installment of 26,666 RSUs (granted Nov 30, 2023) to vest on December 1, 2025.
• First installment of 21,000 RSUs (granted Nov 4, 2024) to vest on November 1, 2026.
• Second installment of 26,666 RSUs (granted Nov 30, 2023) to vest on December 1, 2026.
• Second installment of 21,000 RSUs (granted Nov 4, 2024) to vest on November 1, 2027.

Key Dates

Keywords

Red Violet, RDVT, Form 4, Insider Transaction, Daniel MacLachlan, CFO, Stock Gift, Beneficial Ownership, Restricted Stock Units