Form 4: Red Violet Director Steven D. Rubin Sells 10,000 Shares

Director Steven D. Rubin sold 10,000 shares of Red Violet, Inc. (RDVT) at an average price of $38.93 on March 19, 2025.

Summary

• On March 19, 2025, Steven D. Rubin, a director of Red Violet, Inc., sold 10,000 shares of common stock.
• The sale was executed at an average price of $38.93 per share.
• Following the transaction, Rubin directly owns 141,138 shares of Red Violet, Inc.
• This total includes 8,000 Restricted Stock Units (RSUs) granted on November 4, 2024, which vest in installments on November 1, 2025, November 1, 2026, and November 1, 2027.
• It also includes 7,200 RSUs granted on November 30, 2023, vesting on December 1, 2025, and December 1, 2026.
• Additionally, it includes 3,600 RSUs granted on October 12, 2022, vesting on November 1, 2025.
• The total also includes 55,600 vested RSUs with deferred delivery until separation of service, death, or disability.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company director. It's a neutral event in isolation, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a sale of shares by a director, which could be for personal financial management reasons and doesn't necessarily reflect a negative outlook on the company.

Key Dates

Keywords

Red Violet, Inc., RDVT, Form 4, Steven D. Rubin, Director, Stock Sale, RSUs, Beneficial Ownership