Large RDW stockholder (RDW) files notice to sell 764,916 shares
Rhea-AI Filing Summary
A shareholder has filed a notice of intent to sell 764,916 shares of common stock through Merrill Lynch on the NYSE, with an approximate sale date of 02/02/2026. The filing lists an aggregate market value of 8,987,763 for this planned sale and notes that 165,150,783 shares of the class are outstanding.
The shares were acquired in a private placement from the issuer on 06/13/2025, paid in cash. The notice also details multiple prior common stock sales over the past three months by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, each with large share blocks and disclosed gross proceeds. The selling person represents that they are not aware of any undisclosed material adverse information about the issuer.
Positive
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Negative
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Insights
Large shareholder plans additional Rule 144 sale after recent sizable block trades.
The notice shows a shareholder planning to sell 764,916 common shares, with an aggregate market value of
The three-month history lists substantial prior sales by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, such as 4,378,928 shares by AE Red and 6,121,072 shares by Edge Autonomy Ultimate Holdings on
The seller affirms they are unaware of any material adverse, non-public information about the issuer. That representation is standard for Rule 144 activity and is meant to reduce legal risk around trading while important information is pending. Subsequent company filings would provide additional context on ownership changes and any effects on the shareholder base.