Red Violet, Inc.·4

Jun 5, 4:57 PM ET

Rubin Steven D 4

Research Summary

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Red Violet (RDVT) Director Steven D. Rubin Receives RSU Award

What Happened

  • Steven D. Rubin, a director of Red Violet, Inc. (RDVT), received a grant of 2,179 restricted stock units (RSUs) on June 4, 2026. The RSUs convert one-for-one into common shares; no price or cash consideration was reported and no dollar value is provided. The new RSUs vest on the earlier of one year from the grant date or the 2027 annual meeting of stockholders and are subject to accelerated vesting under certain conditions.

Key Details

  • Transaction date: June 4, 2026 (reported June 5, 2026). Transaction code: A (award/grant). Price per share: N/A (no cash paid).
  • Shares/RSUs referenced in the filing: a total of 74,762 RSUs (includes the new 2,179 grant plus prior grants of 3,600; 5,333; 4,450; and 59,200 vested RSUs that Rubin has elected to defer delivery).
  • Notable vesting schedules from prior grants:
    • 3,600 RSUs (granted 11/30/2023) vest 12/1/2026.
    • 5,333 RSUs (granted 11/4/2024) vest in two equal installments on 11/1/2026 and 11/1/2027.
    • 4,450 RSUs (granted 12/19/2025) vest in three equal installments on 12/1/2026, 12/1/2027, and 12/1/2028.
    • 59,200 RSUs are already vested but delivery has been deferred until separation, death, or disability.
  • Filing timeliness: filed the next day (timely for Form 4); no indications of a late filing.
  • Acceleration: several grants are subject to accelerated vesting under certain conditions (as noted in the filing).

Context

  • RSUs are a form of equity compensation that convert to shares when they vest; this award is not a purchase or sale and does not by itself indicate a buying or selling signal. The 59,200 vested RSUs are being deferred for delivery, meaning Rubin has a right to those shares but has elected to delay receiving them until separation or certain events. No immediate cash flow or open-market trading resulted from this filing.