Form 4: Red Violet Director Strakosch Receives RSU Grant

Red Violet, Inc. Director Greg Strakosch was granted 1,857 restricted stock units following his appointment to the company's Audit Committee.

Summary

• Greg Strakosch, a Director of Red Violet, Inc. (RDVT), received a grant of 1,857 restricted stock units (RSUs).
• The RSUs are convertible into common stock on a one-for-one basis.
• This grant was awarded on March 2, 2026, due to his appointment to the company's Audit Committee, effective the same date.
• The new RSUs vest in three installments: 507 shares on December 1, 2026, and 675 shares on each of December 1, 2027, and December 1, 2028.
• Strakosch's total beneficial ownership of common stock following this transaction is 5,867 shares, which includes previously granted RSUs.
• Previous RSU grants include 1,880 RSUs from March 4, 2025, vesting in three equal installments on March 1, 2026 (not yet delivered as of the filing date), March 1, 2027, and March 1, 2028.
• Also included are 2,130 RSUs from December 19, 2025, vesting in approximately three equal installments on December 1, 2026, December 1, 2027, and December 1, 2028.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, reflecting standard corporate governance practices and aligning director incentives with long-term company performance through equity compensation.

Positives

• Grant of 1,857 restricted stock units (RSUs) to Director Greg Strakosch aligns his interests with shareholders.
• Appointment of Greg Strakosch to the Audit Committee strengthens corporate governance.

Future Outlook

The future outlook for Greg Strakosch's compensation includes the vesting of 1,857 new restricted stock units over three installments through December 2028, alongside the continued vesting of 1,880 RSUs through March 2028 and 2,130 RSUs through December 2028.

Management Comments

• The reporting person received a grant of 1,857 restricted stock units convertible into common stock of the issuer on a one-for-one basis.
• The RSUs were awarded to the reporting person as a result of being appointed to serve on the Company's Audit Committee effective March 2, 2026.

Industry Context

StockSavvy.ai notes that the grant of restricted stock units to a director upon appointment to a key committee like the Audit Committee is a standard practice in corporate governance. This form of equity compensation is widely used across industries to align the interests of directors with long-term shareholder value, promoting retention and incentivizing diligent oversight.

Comparison to Industry Standards

• Equity compensation, particularly through restricted stock units (RSUs), is a common practice for non-employee directors across publicly traded companies, including those comparable to Red Violet, Inc. in the data and analytics sector.
• Companies like Verisk Analytics (VRSK) and TransUnion (TRU) frequently utilize RSU grants as part of their director compensation packages to ensure alignment with shareholder interests and to attract and retain qualified board members.
• The multi-year vesting schedule for the RSUs is consistent with industry benchmarks, designed to encourage long-term commitment and strategic oversight from board members.

Management Changes

Corporate Governance

Related Party Transactions

• Grant of 1,857 restricted stock units to Director Greg Strakosch as compensation for his service, including his appointment to the Audit Committee.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's long-term interests with shareholder value through equity ownership and incentivizes diligent oversight, particularly in his new role on the Audit Committee.

Next Steps

• Vesting of 507 shares of the new RSU grant on December 1, 2026.
• Vesting of 675 shares of the new RSU grant on December 1, 2027.
• Vesting of 675 shares of the new RSU grant on December 1, 2028.
• Continued vesting of 1,880 RSUs (granted March 4, 2025) on March 1, 2027, and March 1, 2028.
• Continued vesting of 2,130 RSUs (granted December 19, 2025) on December 1, 2027, and December 1, 2028.

Key Dates

Keywords

Red Violet, RDVT, Form 4, Restricted Stock Units, RSU Grant, Director Compensation, Audit Committee, Insider Transaction, Corporate Governance