Red Violet 8-K: Officer/Director Changes, Compensation Reported
Ticker: RDVT · Form: 8-K · Filed: Jan 9, 2024 · CIK: 1720116
| Field | Detail |
|---|---|
| Company | Red Violet, Inc. (RDVT) |
| Form Type | 8-K |
| Filed Date | Jan 9, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $1 billion, $25,000, $75,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: leadership-change, executive-compensation, corporate-governance
TL;DR
**Red Violet filed an 8-K about leadership changes and compensation, watch for details.**
AI Summary
Red Violet, Inc. (RDVT) filed an 8-K on January 9, 2024, reporting an event that occurred on January 5, 2024. This filing indicates a change related to the departure or election of directors or officers, and/or compensatory arrangements for certain officers. While specific names or dollar amounts are not detailed in this excerpt, such changes can signal shifts in company strategy or leadership stability, which could impact investor confidence and the stock's future performance.
Why It Matters
Changes in leadership or executive compensation can signal strategic shifts or potential instability, directly influencing investor perception and the company's operational direction.
Risk Assessment
Risk Level: medium — Without specific details on who departed or was appointed, or the nature of compensation changes, the impact on the company's stability and future performance is uncertain.
Analyst Insight
Investors should monitor Red Violet, Inc.'s subsequent filings and press releases for specific details regarding the reported officer/director changes and compensatory arrangements, as these will provide crucial context for evaluating potential impacts on company strategy and performance.
Key Players & Entities
- Red Violet, Inc. (company) — the registrant filing the 8-K
- RDVT (company) — trading symbol for Red Violet, Inc.
- January 5, 2024 (date) — date of the earliest event reported in the 8-K
- January 9, 2024 (date) — date the 8-K was filed
- 001-38407 (dollar_amount) — Commission File Number for Red Violet, Inc.
Forward-Looking Statements
- Further details regarding the specific individuals involved in the officer/director changes and the nature of compensatory arrangements will be disclosed in subsequent filings or company announcements. (Red Violet, Inc.) — high confidence, target: Q1 2024
- The market reaction to this 8-K will be minimal until more specific details about the leadership changes and compensation are released. (RDVT stock price) — medium confidence, target: January 2024
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 5, 2024.
What specific items are covered in this 8-K filing according to the 'ITEM INFORMATION' section?
This 8-K filing covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
What is the trading symbol and the exchange where Red Violet, Inc.'s Common Stock is registered?
Red Violet, Inc.'s Common Stock trades under the symbol RDVT and is registered on The NASDAQ Stock Market LLC.
What is Red Violet, Inc.'s business address?
Red Violet, Inc.'s business address is 2650 North Military Trail, Suite 300, Boca Raton, FL 33431.
What is the Central Index Key (CIK) for Red Violet, Inc.?
The Central Index Key (CIK) for Red Violet, Inc. is 0001720116.
Filing Stats: 819 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-01-09 16:30:08
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share RDVT The NASDAQ
- $1 billion — d the effort of building Rentrak into a $1 billion market capitalization company before me
- $25,000 — ill receive annual cash compensation of $25,000, payable in quarterly installments, and
- $75,000 — tock units with an approximate value of $75,000, vesting one-third of the award on each
Filing Documents
- rdvt-20240105.htm (8-K) — 45KB
- rdvt-ex99_1.htm (EX-99.1) — 11KB
- 0000950170-24-003364.txt ( ) — 182KB
- rdvt-20240105.xsd (EX-101.SCH) — 31KB
- rdvt-20240105_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. 99.1 Press Release, dated January 9, 2024 104 Cover page Interactive Data File (embedded within the inline XBRL file).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Red Violet, Inc. Date: January 9, 2024 By: /s/ Derek Dubner Derek Dubner Chief Executive Officer (Principal Executive Officer)