MacLachlan Daniel 4

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.