Form 4: Red Violet Executive Jeffrey Dell Reports Stock Transactions

Jeffrey Dell, Chief Information Officer of Red Violet, Inc., reports acquisition and disposition of company stock and restricted stock units.

Summary

• On November 1, 2024, Jeffrey Dell acquired 10,000 shares of Red Violet, Inc. common stock through the vesting of restricted stock units (RSUs).
• Also on November 1, 2024, Dell disposed of 4,235 shares to cover tax obligations related to the RSU vesting at a price of $30.08 per share.
• On November 4, 2024, Dell received a grant of 23,625 RSUs.
• Following these transactions, Dell directly owns 192,203 shares of Red Violet, Inc. common stock, including unvested RSUs.

Sentiment

Score: 6

Explanation: The document reflects routine executive stock transactions, with no significant positive or negative implications. The sentiment is neutral.

Positives

• The acquisition of shares through RSU vesting demonstrates the executive's continued stake in the company's success.

Negatives

• The disposition of shares to cover tax obligations, while common, slightly reduces the executive's holdings.

Future Outlook

The document outlines future vesting dates for RSUs, indicating potential future increases in the executive's stock ownership.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive stock ownership.

Key Dates