Form 4: Red Violet Inc. Chief Information Officer, Jeffrey Dell, Sells Shares
SEC Form 4
Jeffrey Dell, Chief Information Officer of Red Violet, Inc., reports selling shares of common stock on May 9, 2025.
Summary
- On May 9, 2025, Jeffrey Dell, the Chief Information Officer of Red Violet, Inc., sold 2,823 shares of common stock at a weighted average price of $46.70.
- He also sold 2,177 shares at a weighted average price of $45.56.
- Following these transactions, Dell directly owns 172,968 shares of Red Violet, Inc., which includes restricted stock units (RSUs) that will vest over the next few years.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by an officer. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their interpretation of the insider's actions.
Key Dates
| Date | Description |
|---|---|
| October 12, 2022 | Date of original grant for 10,000 Restricted Stock Units (RSUs). |
| November 30, 2023 | Date of original grant for 20,000 RSUs. |
| November 4, 2024 | Date of original grant for 23,625 RSUs. |
| May 09, 2025 | Date of stock sale transactions. |
| November 1, 2025 | Vesting date for 10,000 RSUs originally granted on October 12, 2022 and first vesting date for 23,625 RSUs originally granted on November 4, 2024. |
| December 1, 2025 | First vesting date for 20,000 RSUs originally granted on November 30, 2023. |
| November 1, 2026 | Second vesting date for 23,625 RSUs originally granted on November 4, 2024. |
| December 1, 2026 | Second vesting date for 20,000 RSUs originally granted on November 30, 2023. |
| November 1, 2027 | Third vesting date for 23,625 RSUs originally granted on November 4, 2024. |
Keywords
Red Violet Inc., RDVT, Jeffrey Dell, Chief Information Officer, Stock Sale, Form 4, Insider Trading, RSUs, Securities
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.