CIO Sells $574K in Open Market as Part of Executive Selling Group
RDVT sits 78% above its 52-week low of $33.4 on elevated volume (2.9× avg).
Summary
Red Violet's CIO sold over half a million dollars in company stock, joining other top executives in a coordinated selling effort disclosed through multiple Form 4s and a Schedule 13D filing today.
Key Events · Ownership and Investor Activity · RDVT
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CIO Sells Shares
Jeffrey Alan Dell, Chief Information Officer, sold 10,000 shares of common stock for a total of $574,350 in open market transactions.
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Part of Coordinated Executive Selling
This sale follows similar Form 4 filings from the CEO, CFO, and President on the same day, all reporting open market sales.
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Group Disclosure of Selling Intent
A Schedule 13D filed concurrently revealed that these executives, including the CIO, have formed a group and plan to sell shares, indicating a broader reduction in insider ownership.
Analysis · RDVT · Technology
Red Violet's Chief Information Officer, Jeffrey Alan Dell, sold $574,350 worth of common stock in open market transactions. This sale is part of a broader pattern of executive selling, including the CEO, CFO, and President, who also filed Form 4s for sales on the same day. A concurrent Schedule 13D filing disclosed that these executives have formed a group with plans to sell shares, indicating a coordinated reduction in insider holdings.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RDVT was trading at $59.30 on NASDAQ in the Technology sector, with a market capitalization of approximately $836.7M. The 52-week trading range was $33.40 to $64.14. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.