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SEC EDGARJUN 11 min read$RDVT

Reilly James Patrick sold $689K of RDVT

Reilly James Patrick (President) 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 · Reilly James Patrick
Published Jun 1, 2026, 11:39 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 disclosed sale represents a material divestment by the company's president, which may influence short‑term price dynamics.

02

Market read

Insider sales are closely watched; a $689k sale by a senior officer can trigger modest price adjustments.

03

What to watch

Potential tax planning or diversification motives for the insider.

Relevance 5/10Novelty 7/10Timing: after-hours filing

Background

Form 4 filings disclose insider transactions and are used by traders to gauge insider sentiment.

Company-level read

Ticker impact

$RDVTBearishMedium confidence
Context

President Reilly James Patrick sold 12,000 shares for $689,160 via open-market transactions on June 1, 2026.

Expected impact

likely downward pressure as market prices in the insider sell

Evidence & confidence

Officer-level insider selling $689k of stock is material for a mid‑cap issuer and can prompt short‑term selling.

Market effects

Sector

Minimal; the sale does not affect the broader sector.

Regional

Limited to U.S. investors tracking insider activity.

Global

Low; no global macro implications.

Counterpoint

What could challenge this read

The sale could be a routine portfolio rebalancing rather than a negative signal.

Key entities

  • Company
    Red Violet, Inc.

    Issuer of the Form 4 filing.

  • Insider
    Reilly James Patrick

    President of Red Violet, Inc. 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 →

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