Dubner Derek 4
4 · Red Violet, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Red Violet (RDVT) CEO Derek Dubner Sells 12,000 Shares
What Happened
Derek Dubner, CEO of Red Violet, sold a total of 12,000 shares of RDVT in open-market transactions on June 1, 2026, generating about $689,160. The sale is reported as two aggregated lots of 6,000 shares each at weighted-average prices of $57.62 and $57.24 (individual trade prices ranged across the reported ranges in the filing).
Key Details
- Transaction date: June 1, 2026 (filed same day). Transaction type: Sale (S), open market.
- Reported lots: 6,000 shares @ weighted avg $57.62 (range $57.45–$58.07); 6,000 shares @ weighted avg $57.24 (range $57.00–$57.45). Total proceeds ≈ $689,160.
- Shares owned after transaction: Not specified in the filing. The filing does disclose unvested RSUs held by Dubner totaling 52,853 RSUs (13,333; 21,000; 18,520) that convert one-for-one to common stock and vest on scheduled dates (see below).
- Notable footnotes: Reporting person will provide the exact breakdown of numbers sold at each separate price upon request (per footnotes). RSUs are subject to vesting schedules and possible accelerated vesting.
- Timeliness: Filing date equals transaction date; appears timely (not marked late).
Context
This was a sale of already-issued shares in the open market. Sales by executives can be routine (diversification, tax or liquidity needs) and do not by themselves indicate company performance or insider sentiment. The filing also lists multiple restricted stock unit (RSU) grants with future vesting dates (12/1/2026; 11/1/2026 & 11/1/2027; 12/1/2026, 12/1/2027 & 12/1/2028) and possible accelerated vesting under certain circumstances.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3][F4]2026-06-01$57.62/sh−6,000$345,720→ 563,273 total - Sale
Common Stock
[F5][F2][F3][F4]2026-06-01$57.24/sh−6,000$343,440→ 557,273 total
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 $57.45, 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.