RDW (RDW) investor files Rule 144 to sell 1,674,093 shares
Rhea-AI Filing Summary
RDW received a notice under Rule 144 that a stockholder plans to sell 1,674,093 shares of common stock, with an indicated aggregate market value of 18,381,541.14. The shares are to be sold through Merrill Lynch on the NYSE around 01/12/2026.
The filing states these shares were acquired on 12/29/2021 in a private placement from the issuer, paid in cash. It also lists recent RDW common stock sales over the prior days by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, including individual transactions such as 1,085,507 shares sold on 01/06/2026 by Edge Autonomy Ultimate Holdings, LP for gross proceeds of 11,336,952.61.
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FAQ
What does RDW's latest Rule 144 notice disclose?
The notice discloses that a RDW stockholder plans to sell 1,674,093 shares of common stock under Rule 144, with an indicated aggregate market value of 18,381,541.14, and provides details on how and where the shares will be sold.
What representation does the selling party make about RDW's public information?
The person on whose account the securities are to be sold represents that they do not know any material adverse information about RDW's current or prospective operations that has not been publicly disclosed.