RDW (RDW) holder plans large secondary sale under Rule 144

Rhea-AI Filing Summary

A shareholder of RDW filed a notice of proposed sale of 646,488 shares of common stock, with an aggregate market value of $8,281,511.28. The shares are expected to be sold on the NYSE around 01/30/2026 through Merrill Lynch. The issuer had 165,150,783 shares outstanding when this notice was prepared, providing context for the size of the planned sale. The securities were originally acquired in a private placement on 09/02/2021 and paid for in cash. The notice also lists multiple recent sales of common stock by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP during January 2026, showing an ongoing reduction of their positions. By signing, the seller represents they are not aware of undisclosed material adverse information about the issuer.

Insights

Capital markets and insider-transactions analyst

Large RDW shareholder plans additional secondary sale after a series of January disposals.

This notice covers a proposed sale of 646,488 RDW common shares with an aggregate market value of $8,281,511.28. It follows prior sales of common shares in January 2026 by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, indicating continued selling activity by significant holders.

The filing is a Rule 144 notice, so it relates to resale of existing shares rather than a new issuance by the company. Cash proceeds go to the selling holder, not the issuer, so there is no direct capital raise, but trading liquidity and share overhang perceptions can be influenced by such activity.

The shares were acquired via a private placement on 09/02/2021 and paid for in cash, which is typical for institutional placements. The seller also represents they are not aware of material adverse, non-public information about the issuer, aligning with regulatory requirements for sales by significant holders.

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	646488	8281511.28	165150783	01/30/2026	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	09/02/2021	Private Placement	Issuer			646488	09/02/2021	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
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/28/2026	2021758	26872742.33
AE Red Holdings, LLC 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/29/2026	1640090	20991110.09
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
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/28/2026	2826109	37563990.82
Edge Autonomy Ultimate Holdings, LP 6700 Broken Sound Pkwy NW Boca Raton FL 33487	Common	01/29/2026	2292596	29342374.52

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

What does the RDW Form 144 filing disclose about planned share sales?

The filing discloses a planned sale of 646,488 RDW common shares with an aggregate market value of $8,281,511.28. The shares are to be sold on the NYSE around 01/30/2026 through Merrill Lynch on behalf of an existing holder.

How many RDW shares are outstanding compared with the planned Form 144 sale?

The issuer had 165,150,783 common shares outstanding when the notice was prepared. The planned Rule 144 sale covers 646,488 shares, giving investors a sense of the sale’s scale relative to the existing share base.

How and when were the RDW shares in the Form 144 originally acquired?

The shares to be sold were acquired as common stock in a private placement on 09/02/2021. The filing states that 646,488 securities were obtained and paid for in cash on that same date by the selling holder.

Which firms and markets are involved in the RDW Form 144 share sale?

The proposed sale uses Merrill Lynch as broker, with its listed office in San Francisco. The filing identifies the NYSE as the securities exchange where the 646,488 common shares are expected to be sold around 01/30/2026.

What recent RDW share sales are listed in the past 3 months section?

The notice lists multiple January 2026 sales of RDW common stock by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP. Each entry includes the trade date, number of shares sold, and gross proceeds, showing substantial ongoing selling activity by these holders.

What representation does the selling RDW holder make in the Form 144?

The selling holder represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. This affirmation is part of the certification required when signing the Rule 144 notice.