Shareholder in RDW (NYSE: RDW) plans NYSE sale of 2,826,109 shares

Rhea-AI Filing Summary

A holder of RDW common stock has filed a Rule 144 notice to sell 2,826,109 shares through Merrill Lynch on the NYSE, with an aggregate market value of $40,130,747.80. The filing states that 165,150,783 shares of this class were outstanding when the notice was prepared.

The shares to be sold were acquired in a private placement from the issuer on June 13, 2025, paid for in cash on the same date. The notice also lists multiple January 2026 sales of RDW common stock by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, each with specified share amounts and gross proceeds.

Insights

Equity capital markets analyst

Large RDW shareholder files to sell 2.8M shares under Rule 144.

The filing shows a selling shareholder planning to dispose of $40,130,747.80 worth of RDW common stock, or 2,826,109 shares, on the NYSE. These shares were originally acquired in a cash-funded private placement on June 13, 2025.

The document also details a series of January 2026 sales by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, with line-item gross proceeds disclosed. The overall significance depends on how these planned and recent sales interact with trading volumes and investor demand.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 555 California Street 18th Floor San Francisco CA 94104	2826109	40130747.8	165150783	01/28/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/13/2025	Private Placement	Issuer			2826109	06/13/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/06/2026	776556	8110291.85
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/07/2026	363909	3669958.94
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/08/2026	739077	7592928.25
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/09/2026	940575	10189882.92
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/12/2026	1197622	12895416.44
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/13/2026	693324	7166008.28
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/14/2026	899425	9436136.6
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/14/2026	4378928	46066322.56
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/06/2026	1085507	11336952.61
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/07/2026	508690	5130050.14
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/08/2026	1033116	10613746.15
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/09/2026	1314781	14243908.74
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/12/2026	1674093	18025826.51
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/13/2026	969160	10016974.15
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/14/2026	1257258	13190269.6
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/14/2026	6121072	64393677.44

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many RDW shares are covered by this Rule 144 notice?

The Rule 144 notice covers the proposed sale of 2,826,109 shares of RDW common stock. These shares are to be sold through Merrill Lynch on the NYSE, with an aggregate stated market value of $40,130,747.80 at the time of the filing.

What is the aggregate market value of RDW shares proposed for sale?

The filing states an aggregate market value of $40,130,747.80 for the 2,826,109 RDW common shares to be sold. This figure reflects the market value used in the notice for Rule 144 purposes, tied to the planned sale via Merrill Lynch on the NYSE.

When and how were the RDW shares in this filing originally acquired?

The RDW shares in this Rule 144 notice were acquired on June 13, 2025 in a private placement transaction directly from the issuer. The filing specifies that 2,826,109 common shares were purchased for cash, with payment made on the same acquisition date.

What does the filing say about RDW shares outstanding at the time of notice?

The document reports that 165,150,783 shares of RDW common stock were outstanding when the notice was prepared. This serves as a baseline figure for the class of securities referenced, alongside the proposed sale of 2,826,109 shares under Rule 144.

Which entities have recently sold RDW shares according to the filing?

The filing lists recent sales of RDW common stock by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP. For multiple dates in January 2026, it details specific share amounts sold and corresponding gross proceeds for each transaction these entities executed.

On which exchange and through which broker are the RDW shares to be sold?

The notice indicates that the RDW common shares are to be sold on the NYSE through Merrill Lynch, located at 555 California Street, 18th Floor, San Francisco, CA 94104. This broker and exchange information applies to the proposed sale of 2,826,109 shares.