SEC Filing Analysis: Red Violet, Inc. (RDVT)

Executive Summary

• Trading Significance: Low
• Key Takeaway: The Chief Information Officer disposed of shares to cover tax obligations related to vesting Restricted Stock Units (RSUs), a common and non-discretionary transaction.
• Market Impact: Neutral. This type of transaction is routine and typically has no impact on the market's perception of the stock.

Company Information

Field	Value
Company	Red Violet, Inc.
Ticker Symbol	RDVT
CIK	0001720116
Industry	SERVICES-PREPACKAGED SOFTWARE [7372]

Insider Information

Field	Value
Name	DELL JEFFREY ALAN
CIK	0001684823
Title/Position	Chief Information Officer
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-11-03
Transaction Code	F - Payment of tax liability by withholding securities
Security Type	Common Stock
Shares Involved	7,034
Price Per Share	$53.63
Total Value	$377,268.82
Shares Owned After	165,934
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$377,268.82
% of Market Cap	0.050%
Shares Transacted	7,034
% of Shares Outstanding	0.050%
Post-Transaction Ownership	165,934 shares (1.19% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: Red Violet, Inc. has a market capitalization of approximately $750 million. The transaction value of ~$377k is immaterial relative to the company's size.
• Ownership Concentration: The insider continues to hold a significant position of 165,934 shares, representing over 1% of the company's outstanding shares.
• Transaction Significance: The transaction is classified as low significance. Both the value as a percentage of market cap (0.050%) and the shares as a percentage of outstanding shares (0.050%) are well below the thresholds for moderate or high significance.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: The filing explicitly states this was a disposition to the issuer to cover tax obligations (Transaction Code 'F'). This is an automated, non-discretionary event and does not reflect a change in the insider's investment thesis or sentiment towards the company's future prospects.

Volume & Sentiment

• Expected Volume Impact: None. This was a withholding of shares by the issuer, not an open market sale, so it will not directly impact trading volume.
• Sentiment Indicator: Neutral. The market generally disregards 'sell-to-cover' transactions as they are not indicative of an insider's outlook.

Additional Context

Transaction Notes

• Special Circumstances: The footnote confirms the shares were withheld to satisfy tax obligations upon the vesting of RSUs. This is a standard procedure for equity compensation.