MacLachlan Daniel 4
4 · Red Violet, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Red Violet (RDVT) CFO Daniel MacLachlan Sells 12,000 Shares
What Happened
Daniel MacLachlan, Chief Financial Officer of Red Violet, Inc. (RDVT), sold a total of 12,000 shares in open-market transactions on June 1, 2026, generating gross proceeds of approximately $689,160. The filing lists two disposals of 6,000 shares each: one at a weighted average price of $57.62 (total $345,720) and one at a weighted average price of $57.24 (total $343,440). These were reported as sales (S) rather than purchases or option exercises.
Key Details
- Transaction date: 2026-06-01 (filed same day as the transaction).
- Reported prices/ranges: one group sold at a weighted avg $57.62 (individual prices ranged $57.45–$58.07 per F1); the other at weighted avg $57.24 (prices ranged $57.00–$57.78 per F5). The filer can provide a breakdown of the separate trade prices on request.
- Total shares sold: 12,000; total gross proceeds: ~$689,160.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable holdings disclosed by footnotes: 13,333 RSUs granted 11/30/2023 vesting 12/1/2026 (F2); 21,000 RSUs granted 11/04/2024 vesting in two installments on 11/1/2026 and 11/1/2027 (F3); 18,520 RSUs granted 12/19/2025 vesting in three installments on 12/1/2026, 12/1/2027, and 12/1/2028 (F4). All RSUs convert one-for-one to common stock and may accelerate vesting under certain circumstances.
- Filing timeliness: the Form 4 was filed on the same date as the reported transactions (no late filing indicated).
Context
- These were open-market sales, which are common for insiders for liquidity or other personal reasons and do not by themselves indicate company performance.
- The filing does not report option exercises, gifts, or tax withholding in these transactions.
Insider Transaction Report
Form 4
Red Violet, Inc.RDVT
MacLachlan Daniel
Chief Financial Officer
Transactions
- Sale
Common Stock
[F1][F2][F3][F4]2026-06-01$57.62/sh−6,000$345,720→ 364,902 total - Sale
Common Stock
[F5][F2][F3][F4]2026-06-01$57.24/sh−6,000$343,440→ 358,902 total
Holdings
- 466(indirect: By IRA)
Common Stock
Footnotes (5)
- [F1]The shares were sold in multiple transactions at prices ranging from $57.45 to $58.07, inclusive, with a weighted average price per share of $57.62. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
- [F2]Includes 13,333 restricted stock units (RSUs) originally granted on November 30, 2023, convertible into common stock of the issuer on a one-for-one basis, which vests on December 1, 2026, subject to accelerated vesting under certain circumstances.
- [F3]Includes 21,000 RSUs originally granted on November 4, 2024, convertible into common stock of the issuer on a one-for-one basis, which vests in two equal installments on each of November 1, 2026 and November 1, 2027, subject to accelerated vesting under certain circumstances.
- [F4]Includes 18,520 RSUs originally granted December 19, 2025 convertible into common stock of the issuer on a one-for-one basis, which vests in three equal installments on each of December 1, 2026, December 1, 2027, and December 1, 2028, subject to accelerated vesting under certain circumstances.
- [F5]The shares were sold in multiple transactions at prices ranging from $57.00 to $57.78, inclusive, with a weighted average price per share of $57.24. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in this footnote.
Signature
/s/ Daniel MacLachlan|2026-06-01