AlphAIAlphAI — Financial news for AI agents
SEC EDGARJUN 11 min read$RDVT

MacLachlan Daniel sold $689K of RDVT

MacLachlan Daniel (Chief Financial Officer) sold 12,000 shares of Red Violet, Inc. (RDVT) at an average of $57.43 ($57.24–$57.62, $0.69M total) across 2 trades on 2026-06-01.

Original reporting
SEC EDGAR · MacLachlan Daniel
Published Jun 1, 2026, 11:41 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 28, 2026, 3:47 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$RDVT
Bearish
medium confidence
Mentioned
$RDVT
Relevance
5/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$RDVTBearishLow
01

Why it matters

The CFO's sale may be interpreted as a negative signal, prompting short sellers.

02

Market read

A CFO insider sale of $689k could cause short-term price pressure on RDVT.

03

What to watch

Potential upcoming corporate actions or personal financial needs not disclosed.

Relevance 5/10Novelty 3/10Timing: same-day

Background

Form 4 filings disclose insider transactions and are primary sources for such events.

Company-level read

Ticker impact

$RDVTBearishMedium confidence
Context

CFO Daniel MacLachlan sold 12,000 shares for $689,160 in a Form 4 filing.

Expected impact

likely downward pressure as market prices in the insider sell

Evidence & confidence

A CFO selling a sizable stake, even if under $1M, often triggers short-term sell pressure.

Market effects

Sector

Minimal impact on the broader sector; only relevant to RDVT investors.

Regional

No regional effect beyond the company's trading venue.

Global

Negligible on a global scale.

Counterpoint

What could challenge this read

The sale could be a routine liquidity move, not a lack of confidence.

Key entities

  • Company
    Red Violet, Inc.

    Issuer of the shares sold.

  • Insider
    Daniel MacLachlan

    Chief Financial Officer who sold shares.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

RDVT insider trading history →

Related articles

SEP 13
$RDVTMed

Red Violet (RDVT) Turns Record Growth Into Real Profit Gains

Red Violet (RDVT) reported Q2 2026 revenue of $26.7M, up 23%, and net income of $5M, nearly doubling. Gross margin increased to 76%, and adjusted EBITDA rose 48% to $11.2M. The company added 447 new customers and 25,493 new users for its FOREWARN product. Red Violet raised $109M in an August offering, bringing cash to $160M with no debt. CEO Derek Dubner highlighted a strong pipeline of initiatives. The company repurchased 74,500 shares at an average price of $41.87.

insidermonkey.com2 min
AUG 11
$RDVTMed

Red Violet, Inc. (RDVT): Record Revenue of $26.7 Million, an Increase of 23%; Record Cash Flow from Operations of $10.6 Million

Red Violet, Inc. (RDVT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 red violet Reports Second Quarter 2026 Financial Results Record Revenue of $26.7 Million, an Increase of 23%; Record Cash Flow from Operations of $10.6 Million BOCA RATON, Fla. – August 10, 2026 – Red Violet, Inc. (NASDAQ: RDVT), a leading identity intelligence and a

SEC EDGAR 8-K4 min
AUG 7
$RDVTMedAI 8/10

red violet Announces Closing of $115 Million Underwritten Public Offering of Common Stock, Including Full Exercise of Underwriters' Option

Red Violet, Inc. (NASDAQ: RDVT) said it closed an underwritten public offering of 1,916,667 shares of common stock, including 250,000 shares from full exercise of the underwriters’ option. The company estimates net proceeds of about $108.6 million. Proceeds will be used for working capital, general corporate purposes, and potential strategic acquisitions.

itnewsonline.com2 min
AUG 6
$RDVTMedAI 8/10

red violet Announces Pricing of $100 Million Underwritten Public Offering of Common Stock

Red Violet, Inc. (NASDAQ: RDVT) priced an underwritten public offering of 1,666,667 shares of common stock at $60.00 per share, raising expected gross proceeds of $100 million before underwriting fees and expenses. The offering is expected to close Aug. 7, 2026, with a 30-day option for up to 250,000 additional shares. Net proceeds will fund working capital and corporate purposes.

itnewsonline.com2 min