Director Re-elected Despite Majority of Votes Withheld at Annual Meeting
RDVT sits 59% above its 52-week low of $33.4.
Summary
Red Violet's annual meeting results show a director re-elected despite receiving more 'withheld' votes than 'for' votes, signaling shareholder discontent.
Key Events · Corporate Governance and Compliance · RDVT
-
Director Re-elected with Significant Dissent
Director Steven Rubin was re-elected to the board despite receiving 5,343,299 'Vote Withheld' votes, exceeding the 4,346,340 'For' votes. This indicates substantial shareholder dissatisfaction with his continued board service.
-
Annual Meeting Results Reported
The company held its 2026 Annual Meeting on June 3, 2026, with 12,094,664 shares represented out of 14,112,391 outstanding.
-
Routine Proposals Approved
Stockholders ratified Grant Thornton, LLP as the independent public accounting firm for 2026 and approved, on an advisory basis, the named executive officers' compensation for 2025.
Analysis · RDVT · Technology
Red Violet's 8-K reports the results of its 2026 Annual Meeting. A key outcome was the re-election of Director Steven Rubin, who received 5,343,299 'Vote Withheld' votes against 4,346,340 'For' votes. This significant shareholder dissent, where more votes were withheld than cast in favor, signals a notable governance concern regarding his board position, especially in light of recent executive stock sales.
How filings like this one have moved
In the 30 days to Sep 20, 2026, 29.5% of the 1601 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.41%. 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 $52.96 on NASDAQ in the Technology sector, with a market capitalization of approximately $747.2M. 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.