Form 4: Red Violet Director Steven Rubin Receives RSU Grant
Insider Transaction Report
Red Violet, Inc. Director Steven D. Rubin was granted 4,450 restricted stock units, vesting over three years, for his board and committee services.
Summary
- Steven D. Rubin, a Director at Red Violet, Inc. (RDVT), received a grant of 4,450 restricted stock units (RSUs) on December 19, 2025.
- These RSUs are convertible into common stock on a one-for-one basis and are scheduled to vest in approximately three equal installments on December 1, 2026, December 1, 2027, and December 1, 2028.
- The grant comprises 2,130 RSUs for serving as a member of the Company's Board of Directors, 1,625 RSUs for serving as a member of the Audit Committee, and 695 RSUs for serving as the Chair of the Compensation Committee.
- Following this transaction, Steven D. Rubin's beneficial ownership totals 145,588 securities, which includes previously granted RSUs.
- Prior holdings include 3,600 RSUs granted on November 30, 2023, vesting on December 1, 2026.
- Also included are 5,333 RSUs granted on November 4, 2024, vesting in two equal installments on November 1, 2026, and November 1, 2027.
- The total beneficial ownership also accounts for 59,200 vested RSUs for which delivery has been deferred until separation of service, death, or disability.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive as it reflects a standard compensation practice that aligns director interests with shareholders, indicating stability and ongoing commitment. It is not highly impactful but generally viewed favorably.
Positives
- The RSU grant aligns the director's long-term interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
- This is a standard form of compensation for board and committee service, indicating ongoing commitment from the director.
Future Outlook
The future outlook indicates a continued alignment of Director Steven D. Rubin's compensation with the company's long-term performance through the multi-year vesting schedule of the granted restricted stock units, with vesting dates extending through December 2028.
Industry Context
Equity grants, such as Restricted Stock Units, are a common component of executive and director compensation packages across various industries. This practice is designed to incentivize long-term performance and align the interests of company leadership with those of shareholders. The specific grant size and vesting schedule are typical for a director's compensation in a publicly traded company.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of 4,450 Restricted Stock Units (RSUs) to Director Steven D. Rubin for his service on the Board of Directors, Audit Committee, and as Chair of the Compensation Committee. | 12/19/2025 | This grant is part of the company's ongoing director compensation strategy, designed to align the director's financial interests with the long-term performance of the company and its shareholders. It reinforces the director's commitment to the company's governance structure. |
Stakeholder Impact
- Shareholders: The RSU grant aligns the director's interests with shareholders, potentially fostering better long-term decision-making and increasing insider ownership.
- Employees: No direct impact on employees is indicated by this filing.
Next Steps
- The vesting of the 4,450 RSUs will occur in three equal installments on December 1, 2026, December 1, 2027, and December 1, 2028.
- Other previously granted RSUs will continue to vest on their respective schedules, including those on November 1, 2026, December 1, 2026, and November 1, 2027.
Key Dates
| Date | Description |
|---|---|
| 11/30/2023 | Grant date for 3,600 RSUs included in beneficial ownership. |
| 11/04/2024 | Grant date for 5,333 RSUs included in beneficial ownership. |
| 12/19/2025 | Date of the reported RSU grant of 4,450 units to Steven D. Rubin. |
| 12/22/2025 | Signature date of the reporting person on the Form 4 filing. |
| 11/01/2026 | First vesting installment for 5,333 RSUs granted on 11/04/2024. |
| 12/01/2026 | Vesting date for 3,600 RSUs granted on 11/30/2023 and first vesting installment for 4,450 RSUs granted on 12/19/2025. |
| 11/01/2027 | Second vesting installment for 5,333 RSUs granted on 11/04/2024. |
| 12/01/2027 | Second vesting installment for 4,450 RSUs granted on 12/19/2025. |
| 12/01/2028 | Third vesting installment for 4,450 RSUs granted on 12/19/2025. |
Keywords
Red Violet, RDVT, Steven D. Rubin, Restricted Stock Units, RSU Grant, Insider Transaction, Director Compensation, Equity Compensation, SEC Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.