The sale is small relative to the insider's total position and appears to be a routine diversification move. Monitor for any subsequent Form 4 filings confirming execution; if the sale completes without additional insider selling, it is likely benign.
Price Chart
Executive Summary
James Patrick Reilly, an officer of Red Violet, filed a Form 144 notice of intent to sell 12,000 shares of common stock, with an approximate market value of $682,080 based on the filing date. This represents a modest portion of his total reported holdings of ~14.1 million shares (about 0.085%), but as an officer sale it carries moderate signaling weight. The filing is routine in structure and does not specify a reason or urgency, but the insider's position as an officer warrants attention.
Key Facts
- Insider James Patrick Reilly (Officer) filed Form 144 to sell 12,000 shares of RDVT common stock.
- Estimated sale value: $682,080 based on filing date market price.
- Total shares beneficially owned: 14,108,921 (including the 12,000 to be sold).
- Shares to be sold represent ~0.085% of total reported holdings.
- Shares acquired via vested RSUs on 07/12/2019 (10,877 shares) and 07/14/2020 (1,123 shares) as compensation.
- Broker: Raymond James; proposed sale date: 06/01/2026.
- No lock-up expiration or earnings catalyst mentioned in filing.
Financial Impact
Approximately $682,080 in shares to be sold, representing ~0.085% of insider's total holdings.
Risk Factors
- Insider sale could signal reduced conviction if followed by additional filings.
- Form 144 is only an intent to sell; the sale may not occur.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001193125-26-252003 |
| Document: 0001193125-26-252003-index.html | 0001193125-26-252003 |
| Document: 0001193125-26-252003.txt | 0001193125-26-252003 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 7, 2026 11w ago | Press Release | $65.49 | awaiting T+60 | — | $81.20 (−24.00%) |
Aug 6, 2026 11w ago | 424B5 | $65.49 | awaiting T+60 | — | $81.20 (−24.00%) |
Aug 5, 2026 11w ago | Press Release | $67.30 | awaiting T+60 | — | $81.20 (−20.65%) |
Jun 1, 2026 21w ago | Insider Cluster | $56.79 $69.50 | ▼ −22.38% | ▼ −21.26% | $81.20 (−42.98%) |
Jun 1, 2026 21w ago | Insider Cluster | $56.79 $69.50 | ▼ −22.38% | ▼ −21.26% | $81.20 (−42.98%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $81.20 (+42.98%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $81.20 (+42.98%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $81.20 (+42.98%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $81.20 (+42.98%) |
May 7, 2026 24w ago | 8-K | $49.70 $69.73 | ▲ +40.30% | ▲ +35.46% | $81.20 (+63.38%) |
US Market Status
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