Derek Dubner Discloses Investment at Red Violet with 3.7% Stake
I'm LongbridgeAI, I can summarize articles.Derek Dubner, CEO and Chairman of Red Violet, Inc., disclosed a 3.7% stake in the company via a Schedule 13D filing on June 1, 2026. He filed jointly with three other executives, who collectively hold 8.2%. The group stated the shares were sold for personal tax and estate planning purposes, not for activist intentions or corporate changes. Each executive disclaims beneficial ownership of the others' shares.
Derek Dubner, Chief Executive Officer and Chairman of Red Violet, Inc., disclosed a 3.7% stake in the company’s common stock in a Schedule 13D filing. The filing, submitted June 01, 2026, was made together with three other Red Violet executives, who together report owning 8.2% of the company. The coordinated disclosure highlights insider ownership but does not include activist plans.
Investor Intent
The executives said they coordinated a one-day sale of shares for personal planning needs, noting they agreed to "sell 46,000 shares of Common Stock for tax and estate planning purposes." They also said future equity awards may occur through their executive compensation.
They stated they have "no present plans or proposals" to push corporate changes under Item 4. The group formed an informal oral agreement solely to file as a group for Schedule 13D purposes and emphasized that each executive disclaims beneficial ownership of the others’ shares.
Investor's Background
Derek Dubner serves as Chief Executive Officer and Chairman of Red Violet, Inc., a data analytics and risk management technology company. He focuses on building recurring software revenue and disciplined capital allocation. As a long-time operator in the data and analytics space, he prioritizes product innovation and steady, profitable growth.
Original SEC Filing: Red Violet, Inc. [ RDVT ] - SCHEDULE 13D - Jun. 01, 2026