Large RDW holder plans 969,160-share Rule 144 sale in Company (NYSE: RDW)
Rhea-AI Filing Summary
A shareholder of RDW plans to sell 969,160 shares of common stock under Rule 144. The planned sale will be executed through Merrill Lynch on the NYSE, with an approximate sale date of 01/13/2026 and an aggregate market value of $10,331,245.60 for these shares. The issuer had 165,150,783 common shares outstanding at the time referenced.
The shares to be sold were acquired on 12/29/2021 in a private placement from the issuer and were paid for in cash on the same date. The notice also lists significant recent sales of the issuer’s common stock over the past three months by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, including individual transactions such as 1,197,622 shares sold on 01/12/2026 for $12,895,416.44 and 1,674,093 shares sold on 01/12/2026 for $18,025,826.51.
Positive
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Negative
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FAQ
What representation does the selling holder make in this RDW Form 144?
The person for whose account the securities are to be sold represents by signing that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and similar representations apply if a Rule 10b5-1 trading plan or instruction is used.