Dissolution of Reporting Group for Red Violet, Inc. by Derek Dubner and Others

2026-06-01SEC Filing SCHEDULE 13D/A (0001193125-26-252050)

On June 1, 2026, Derek Dubner, Daniel MacLachlan, James Patrick Reilly, and Jeffrey Alan Dell filed Amendment No. 1 to their Schedule 13D for Red Violet, Inc. (RDVT). The primary purpose of this filing is to report the dissolution of an informal oral agreement to act as a 'group' under Section 13(d)(3) of the Exchange Act. Effective June 1, 2026, the individuals no longer intend to act together regarding the company's common stock. Individually, each reporting person now owns less than 5% of the outstanding shares. Derek Dubner holds 504,420 shares (3.6%), Daniel MacLachlan holds 306,049 shares (2.2%), James Patrick Reilly holds 179,498 shares (1.3%), and Jeffrey Alan Dell holds 116,249 shares (0.8%). Combined, they hold approximately 7.8% of the company based on 14,108,921 shares outstanding. On the date of the event, the members also conducted open-market sales totaling 46,000 shares at average prices near $57.43. This filing serves as an exit statement for the group.

Ticker mentioned:RDVTInstitution mentioned:Dubner Derek
Related industry:Software - Application