This is a routine insider sale by the Chairman for diversification purposes, not a material signal. The shares were acquired via 2019 RSUs, and the sale amount is negligible relative to his total holdings and market cap. No immediate trading action warranted.
Price Chart
Executive Summary
Chairman Derek Dubner filed a Form 144 notice of intent to sell 12,000 shares of Red Violet common stock, valued at approximately $682,080 based on the filing date price. This is a modest sale relative to his total holdings (14,108,921 shares) and the company's $802M market cap, representing less than 0.1% of shares outstanding. The shares were acquired via vested RSUs granted in 2019 as compensation, suggesting a routine diversification sale rather than a signal of deteriorating fundamentals.
Key Facts
- Insider: Derek Dubner, Chairman of the Board
- Shares to be sold: 12,000 shares of common stock
- Approximate value: $682,080 (based on filing date price of ~$56.84/share)
- Total holdings after sale: ~14,089,121 shares (unchanged from 14,108,921 before sale)
- Shares acquired via vested RSUs granted 07/12/2019 as compensation
- Broker: Raymond James
- Filing date: 06/01/2026
- Sale represents ~0.085% of shares outstanding (based on ~14.1M total shares)
Financial Impact
Sale of 12,000 shares worth ~$682K, representing less than 0.1% of market cap
Risk Factors
- Insider may sell additional shares in future filings
- Form 144 is an intent to sell; actual 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) | 0001193125-26-252005 |
| Document: 0001193125-26-252005-index.html | 0001193125-26-252005 |
| Document: 0001193125-26-252005.txt | 0001193125-26-252005 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 7, 2026 11w ago | Press Release | $65.49 | awaiting T+60 | — | $80.12 (−22.35%) |
Aug 6, 2026 11w ago | 424B5 | $65.49 | awaiting T+60 | — | $80.12 (−22.35%) |
Aug 5, 2026 11w ago | Press Release | $67.30 | awaiting T+60 | — | $80.12 (−19.05%) |
Jun 1, 2026 21w ago | Insider Cluster | $56.79 $69.50 | ▼ −22.38% | ▼ −21.26% | $80.12 (−41.08%) |
Jun 1, 2026 21w ago | Insider Cluster | $56.79 $69.50 | ▼ −22.38% | ▼ −21.26% | $80.12 (−41.08%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $80.12 (+41.08%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $80.12 (+41.08%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $80.12 (+41.08%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $80.12 (+41.08%) |
May 7, 2026 24w ago | 8-K | $49.70 $69.73 | ▲ +40.30% | ▲ +35.46% | $80.12 (+61.21%) |
US Market Status
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