Red Violet, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K, dated May 15, 2019, details the results of Red Violet, Inc.'s 2019 Annual Meeting of Stockholders. The Company is incorporated in Delaware and its common stock trades on The NASDAQ Stock Market LLC under the symbol "RDVT".
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results rather than financial performance.
Material Changes and Voting Results
On May 15, 2019, 9,285,745 shares were represented at the Annual Meeting out of 10,286,613 shares outstanding. The following matters were approved:
- Election of Directors: Derek Dubner, Peter Benz, Steven Rubin, and Robert Swayman were elected to serve until the 2020 Annual Meeting. All nominees received significant "For" votes, with Steven Rubin receiving the highest number of "Withheld" votes (275,792).
- Ratification of Auditors: Stockholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the year ending December 31, 2019.
- Say on Pay: Stockholders approved, on an advisory basis, the compensation of the Company's named executive officers for 2018.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to reporting the outcomes of the shareholder vote.
Key Facts for Investor Verification
- Verify the total number of shares outstanding (10,286,613) and the participation rate (approximately 90.3%) at the Annual Meeting.
- Confirm the re-election of the board of directors, noting the specific vote counts for each nominee.
- Validate the ratification of Grant Thornton LLP as the independent auditor for the 2019 fiscal year.
- Review the proxy statement referenced in the filing for detailed executive compensation data related to the "Say on Pay" vote.