Red Violet, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K covers the 2025 Annual Meeting of Stockholders held by Red Violet, Inc. on June 10, 2025. The company is incorporated in Delaware and trades on the NASDAQ under the symbol RDVT.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and stockholder voting outcomes.
Material Changes and Voting Results
At the Annual Meeting, 11,508,786 shares were represented out of 13,950,797 outstanding shares. The following matters were voted upon:
- Election of Directors: All five nominees were elected. Greg Strakosch received the highest support (9,566,146 For votes), while Steven Rubin received the lowest (6,696,627 For votes) with 2,903,320 votes withheld.
- Ratification of Auditors: Stockholders overwhelmingly ratified Grant Thornton, LLP as the independent public accounting firm for 2025 (11,499,987 For vs. 6,900 Against).
- Stock Incentive Plan: Stockholders approved the Amended and Restated 2018 Stock Incentive Plan to extend its term and increase available shares. The vote was 6,565,392 For and 3,028,133 Against.
- Say on Pay: Stockholders approved the advisory vote on executive compensation for 2024 with 9,252,540 For votes and 340,004 Against votes.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, financial guidance, outlook, or specific risk factors beyond the standard disclosures inherent in the voting results.
Key Facts for Investor Verification
- Verify the specific terms of the Amended and Restated 2018 Stock Incentive Plan (Exhibit 10.1) regarding the increased share pool and extended term.
- Note the significant number of votes withheld for director Steven Rubin (2,903,320) compared to other nominees.
- Confirm the total number of shares outstanding (13,950,797) and the record date (April 14, 2025) for future voting calculations.
- Review the definitive proxy statement filed on April 28, 2025, for detailed summaries of the Stock Incentive Plan and executive compensation.