Dubner Derek 4

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.