DELL JEFFREY ALAN 4
Research Summary
AI-generated summary
Red Violet (RDVT) CIO Jeffrey A. Dell Sells 10,000 Shares
What Happened Jeffrey A. Dell, Chief Information Officer of Red Violet, Inc. (RDVT), sold a total of 10,000 shares in open-market transactions on June 1, 2026. The sales consisted of 5,000 shares with a weighted average price of $57.62 (total ≈ $288,100) and 5,000 shares with a weighted average price of $57.25 (total ≈ $286,250), for combined proceeds of approximately $574,350. These were outright sales (S) — typically routine insider sales rather than purchases, and the filing reports the transactions as open-market dispositions.
Key Details
- Transaction date: 2026-06-01.
- Prices reported: weighted averages $57.62 (range $57.40–$58.07 per F1) and $57.25 (range $57.00–$57.46 per F5); total proceeds ≈ $574,350.
- Shares sold: 10,000 shares (two blocks of 5,000).
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Notable footnotes:
- F1/F5: Sales executed in multiple trades within the stated price ranges; reporting person can provide detailed breakouts on request.
- F2–F4: The filing notes RSUs included in reported holdings — 10,000 RSUs (grant 11/30/2023, vest 12/1/2026), 15,750 RSUs (grant 11/4/2024, vest half 11/1/2026 & half 11/1/2027), and 13,890 RSUs (grant 12/19/2025, vest in thirds on 12/1/2026–12/1/2028).
- Timeliness: Filing and transaction date are the same (2026-06-01); no late filing indicated in the provided information.
Context RSUs noted in the filing are restricted stock units convertible one-for-one into common shares and have future vesting dates (including potential accelerated vesting in certain circumstances). The current transactions were sales of existing shares in the open market; they do not by themselves indicate the insider’s view of the company’s prospects.