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SCHEDULE 13D 0001636349 XXXXXXXX LIVE Common Stock, $0.001 par value per share 05/09/2025 false 0001720116 75704L104 Red Violet, Inc. 2650 North Military Trail Suite 300 Boca Raton FL 33431 Joshua B. Weingard, Esq. (561) 757-4000 2650 North Military Trail, Suite 300 Boca Raton FL 33431 0001636349 N Dubner Derek a OO N X1 518880.00 0.00 518880.00 0.00 518880.00 N 3.7 IN (1) Includes 518,880 shares of common stock of Red Violet, Inc. held directly by Derek Dubner. (2) Calculated using 13,955,918 shares of common stock of Red Violet, Inc. outstanding as of May 5, 2025, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the Securities and Exchange Commission (the "SEC") on May 7, 2025. Y MacLachlan Daniel a OO N X1 321884.00 0.00 321884.00 0.00 321884.00 N 2.3 IN (1) Includes (i) 321,418 shares of common stock of Red Violet, Inc. held directly by Daniel MacLachlan and (ii) 466 shares of common stock of Red Violet, Inc. held by an IRA. (2) Calculated using 13,955,918 shares of common stock of Red Violet, Inc. outstanding as of May 5, 2025, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 7, 2025. Y Reilly James Patrick a OO N X1 193958.00 0.00 193958.00 0.00 193958.00 N 1.4 IN (1) Includes 193,958 shares of common stock of Red Violet, Inc. held directly by James Patrick Reilly. (2) Calculated using 13,955,918 shares of common stock of Red Violet, Inc. outstanding as of May 5, 2025, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 7, 2025. Y Dell Jeffrey Alan a OO N X1 124343.00 0.00 124343.00 0.00 124343.00 N 0.9 IN (1) Includes 124,343 shares of common stock of Red Violet, Inc. held directly by Jeffrey Alan Dell. (2) Calculated using 13,955,918 shares of common stock of Red Violet, Inc. outstanding as of May 5, 2025, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 7, 2025. Common Stock, $0.001 par value per share Red Violet, Inc. 2650 North Military Trail Suite 300 Boca Raton FL 33431 This statement relates to the common stock, par value $0.001 per share (the "Common Stock"), of Red Violet, Inc., a Delaware corporation (the "Company"), whose principal executive offices are located at 2650 North Military Trail, Suite 300, Boca Raton, Florida 33431. This statement is being filed on behalf of: (1) Derek Dubner, the Company's Chief Executive Officer and Chairman of the Board of Directors of the Company ("Mr. Dubner"); (2) Daniel MacLachlan, the Company's Chief Financial Officer ("Mr. MacLachlan"); (3) James Patrick Reilly, the Company's President ("Mr. Reilly"); and (4) Jeffrey Alan Dell, the Company's Chief Information Officer ("Mr. Dell" and, collectively with each of the other persons named in response to this Item 2(a), the "Reporting Persons"). The address of each of the Reporting Persons is 2650 North Military Trail, Suite 300, Boca Raton, Florida 33431. Mr. Dubner serves as the Company's Chief Executive Officer and Chairman of the Board of Directors of the Company. Mr. MacLachlan serves as the Company's Chief Financial Officer. Mr. Reilly serves as the Company's President. Mr. Dell serves as the Company's Chief Information Officer. During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Each of Messrs. Dubner, MacLachlan, Reilly and Dell is a citizen of the United States. The shares of Common Stock reported herein as beneficially owned by each Reporting Person and for which he holds sole voting and dispositive power were acquired upon the vesting of restricted stock units ("RSUs") granted by the Company to each such individual in consideration for his service as an employee of the Company or through purchases of shares of Common Stock in the open market from third parties through a broker. The Reporting Persons mutually agreed that (i) Messrs. Dubner, MacLachlan and Reilly would each sell 10,000 shares of Common Stock and (ii) Mr. Dell would sell 5,000 shares of Common Stock on the same date and for the same price, for an aggregate amount of 35,000 shares of Common Stock for tax and estate planning purposes. Additionally, each of the Reporting Persons may be awarded additional equity in consideration for their service as executive officers of the Company as described in Item 2 herein. The Reporting Persons have no present plans or proposals which would result in, or are related to, any of the transactions described in subparagraphs (a) through (j) of Item 4 under Schedule 13D. The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D (including footnotes thereto) is incorporated herein by reference. As of the date of this filing, the Reporting Persons together, beneficially own 8.3% of the shares of Common Stock outstanding as of May 5, 2025, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 7, 2025, and individually as follows: (1) Mr. Dubner beneficially owns an aggregate of 518,880 shares of Common Stock, or 3.7%. (2) Mr. MacLachlan beneficially owns an aggregate of 321,884 shares of Common Stock, or 2.3%. (3) Mr. Reilly beneficially owns an aggregate of 193,958 shares of Common Stock, or 1.4%. (4) Mr. Dell beneficially owns an aggregate of 124,343 shares of Common Stock, or 0.9%. As of the date of this filing, the Reporting Persons comprise a group within the meaning of Section 13(d)(3) of the Act, and beneficially own the shares of Common Stock as set forth next to their names: Shareholder Name Derek Dubner No. of Shares Beneficially Owned(1) 518,880 Percentage Ownership(2) 3.7 % Sole Voting Power 518,880 Shared Voting Power 0 Sole Dispositive Power 518,880 Shared Dispositive Power 0 Shareholder Name Daniel MacLachlan No. of Shares Beneficially Owned(1) 321,884 Percentage Ownership(2) 2.3 % Sole Voting Power 321,884 Shared Voting Power 0 Sole Dispositive Power 321,884 Shared Dispositive Power 0 Shareholder Name James Patrick Reilly No. of Shares Beneficially Owned(1) 193,958 Percentage Ownership(2) 1.4 % Sole Voting Power 193,958 Shared Voting Power 0 Sole Dispositive Power 193,958 Shared Dispositive Power 0 Shareholder Name Jeffrey Alan Dell No. of Shares Beneficially Owned(1) 124,343 Percentage Ownership(2) 0.9 % Sole Voting Power 124,343 Shared Voting Power 0 Sole Dispositive Power 124,343 Shared Dispositive Power 0 (1) Each Reporting Person expressly disclaims beneficial ownership of the shares of Common Stock beneficially owned by the other Reporting Persons. No Reporting Person is responsible for the completeness and accuracy of the information concerning any other Reporting Person. (2) The beneficial ownership percentage used in this Schedule 13D is calculated based upon a total of 13,955,918 shares of common stock of Red Violet, Inc. outstanding as of May 5, 2025, as reported on the Quarterly Report on Form 10-Q filed by Red Violet, Inc. with the SEC on May 7, 2025. The persons named in response to Item 5(a) above have the sole voting power, shared voting power, sole dispositive power, and shared dispositive power with respect to the Common Stock as set forth in Item 5(a). During the 60 days preceding the filing of this Schedule 13D, the Reporting Persons have not effected any transactions of shares of common stock. To the best knowledge of each Reporting Person, no one other than the Reporting Person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock reported herein as beneficially owned by such Reporting Person. Not applicable. The responses to Items 3 and 4 are incorporated herein by reference. Other than as disclosed in this Item 6, there are no other contracts, arrangements, understandings or relationships between the Reporting Persons and any person with respect to securities of the Company. The Reporting Persons have an informal oral agreement to act as a group for purposes of Regulation 13D solely with respect to the Common Stock of the Company. Except as otherwise set forth in this statement, the Reporting Persons expressly disclaim beneficial ownership of any of the shares of Common Stock, and the filing of this statement shall not be construed as an admission that, for the purposes of Sections 13(d) and 13(g) or under any provision of the Exchange Act or the rules promulgated thereunder or for any other purpose, any Reporting Person is a beneficial owner of any such shares. Not applicable. Dubner Derek /s/ Derek Dubner Derek Dubner 05/09/2025 MacLachlan Daniel /s/ Daniel MacLachlan Daniel MacLachlan 05/09/2025 Reilly James Patrick James Patrick Reilly /s/ James Patrick Reilly 05/09/2025 Dell Jeffrey Alan /s/ Jeffrey Alan Dell Jeffrey Alan Dell 05/09/2025