Form 4: Red Violet Director Greg Strakosch Receives Stock Grant

Director Greg Strakosch received 1,880 restricted stock units (RSUs) of Red Violet, Inc. on March 4, 2025, which will vest over three years.

Summary

• Greg Strakosch, a director of Red Violet, Inc., received a grant of 1,880 restricted stock units (RSUs) on March 4, 2025.
• These RSUs are convertible into common stock on a one-for-one basis.
• The RSUs vest in three approximately equal installments on March 1, 2026, March 1, 2027, and March 1, 2028, subject to accelerated vesting under certain conditions.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of a stock grant, which is neither particularly positive nor negative. It's a standard part of executive compensation.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Stakeholder Impact

• The RSU grant aligns the director's interests with shareholders, potentially encouraging decisions that increase shareholder value.

Key Dates