Form 4: Red Violet President Sells 10,000 Shares

Red Violet's President, James Patrick Reilly, sold 10,000 shares of common stock at $37.25 per share on November 25, 2024.

Summary

• James Patrick Reilly, President of Red Violet, Inc., sold 10,000 shares of the company's common stock on November 25, 2024.
• The sale price was $37.25 per share.
• Following the transaction, Mr. Reilly beneficially owns 272,124 shares of Red Violet common stock.
• This includes restricted stock units (RSUs) that are scheduled to vest over the next few years.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This is a standard SEC Form 4 filing, which is common for company insiders when they buy or sell shares. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly traded companies.
• The sale of 10,000 shares by a company president is not unusual, but the market may react to the transaction.
• Comparable companies in the technology and data analytics space also have similar insider trading disclosures.

Stakeholder Impact

• The sale of shares by a company president could be viewed negatively by some shareholders, but it is a common occurrence.
• The impact on other stakeholders is likely to be minimal.

Key Dates

Keywords

Red Violet, RDVT, James Patrick Reilly, stock sale, insider trading, restricted stock units, RSU