Large RDW (NYSE: RDW) shareholder plans 903,691-share sale after big January blocks
Rhea-AI Filing Summary
RDW filed a notice that a shareholder plans to sell 903,691 shares of common stock through Merrill Lynch on the NYSE, with an aggregate market value of 11,576,281.71. The filing states that 165,150,783 shares of this class are outstanding.
The seller acquired these 903,691 shares in a private placement from the issuer on 06/13/2025, paid in cash. The notice also lists recent sales over the prior three months by entities including AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, with individual transactions such as 4,378,928 shares sold for 46,066,322.56 on 01/14/2026 and 2,826,109 shares sold for 37,563,990.82 on 01/28/2026.
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Insights
RDW shareholder files to sell 903,691 shares after sizable recent block sales.
The filing shows a planned sale of 903,691 RDW common shares, valued at about 11,576,281.71, against 165,150,783 shares outstanding. The shares were acquired in a cash private placement on 06/13/2025, which is typical for institutional or strategic holders.
The three‑month history discloses multiple large sales by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, including single‑day blocks like 4,378,928 shares for 46,066,322.56 and 6,121,072 shares for 64,393,677.44 on 01/14/2026. Actual market impact depends on how quickly and at what prices brokers execute these transactions.