Large RDW (NYSE: RDW) holder plans Rule 144 common share sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
RDW filed a Rule 144 notice covering a proposed resale of 2,292,596 common shares through Merrill Lynch on the NYSE, with an indicated aggregate market value of $30,468,600.84. The issuer had 165,150,783 common shares outstanding at the time referenced.
The shares to be sold were acquired in a cash private placement from the issuer on 06/13/2025. The filing also lists multiple recent open‑market sales of common stock over the prior three months by entities including AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, each with their own trade dates, share amounts, and gross proceeds.
Positive
- None.
Negative
- None.
FAQ
What does RDW’s latest Form 144 filing disclose?
The Form 144 filing discloses a proposed resale of 2,292,596 RDW common shares through Merrill Lynch on the NYSE. It also lists recent sales by related entities, including dates, share amounts, and gross proceeds over the past three months.
Which broker and exchange are involved in the RDW Form 144 sale?
The filing lists Merrill Lynch, located at 555 California Street, San Francisco, as the broker handling the transaction. It identifies the New York Stock Exchange (NYSE) as the marketplace for the proposed sale of RDW common shares.