This is a small, routine insider sale from vested RSUs by a non-CEO officer. No material read-through for the stock. Monitor for any larger insider sales or Form 4 filings that could signal a change in sentiment, but this filing alone does not warrant action.
Price Chart
Executive Summary
Director Daniel MacLachlan filed a Form 144 notice of intent to sell 12,000 RDVT shares (~$682K at the filing date), representing less than 0.1% of shares outstanding. The shares stem from vested RSUs granted in 2019 as compensation. This is a routine insider sale by a non-CEO officer with no material signal for the stock.
Key Facts
- Insider Daniel MacLachlan (Officer) filed Form 144 to sell 12,000 shares of RDVT common stock
- Approximate sale value: $682,080 based on filing date price
- Shares originate from vested RSUs granted on 07/12/2019 as compensation
- Sale is planned through Raymond James; filing date 06/01/2026
- Total shares outstanding ~14.1M; sale represents ~0.085% of float
Financial Impact
~$682K sale, less than 0.1% of market cap ($802M)
Risk Factors
- Insider may not execute the sale; Form 144 is an intent notice
- No other insider selling context available to assess pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001193125-26-252007 |
| Document: 0001193125-26-252007-index.html | 0001193125-26-252007 |
| Document: 0001193125-26-252007.txt | 0001193125-26-252007 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 7, 2026 11w ago | Press Release | $65.49 | awaiting T+60 | — | $81.23 (−24.04%) |
Aug 6, 2026 11w ago | 424B5 | $65.49 | awaiting T+60 | — | $81.23 (−24.04%) |
Aug 5, 2026 11w ago | Press Release | $67.30 | awaiting T+60 | — | $81.23 (−20.70%) |
Jun 1, 2026 21w ago | Insider Cluster | $56.79 $69.50 | ▼ −22.38% | ▼ −21.26% | $81.23 (−43.04%) |
Jun 1, 2026 21w ago | Insider Cluster | $56.79 $69.50 | ▼ −22.38% | ▼ −21.26% | $81.23 (−43.04%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $81.23 (+43.04%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $81.23 (+43.04%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $81.23 (+43.04%) |
Jun 1, 2026 21w ago | 144 | $56.79 $69.50 | ▲ +22.38% | ▲ +21.26% | $81.23 (+43.04%) |
May 7, 2026 24w ago | 8-K | $49.70 $69.73 | ▲ +40.30% | ▲ +35.46% | $81.23 (+63.44%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers