RDW shareholder (RDW) plans 1,257,258-share sale after prior block trades
Rhea-AI Filing Summary
RDW has a notice of proposed sale covering 1,257,258 shares of common stock to be sold through Merrill Lynch at 555 California Street, San Francisco. The filing lists an aggregate market value of $12,748,596.12 for these shares and states that 165,150,783 shares of common stock were outstanding, with an approximate sale date of 01/14/2026 on the NYSE.
The shares to be sold were acquired in a private placement from the issuer on 12/29/2021, paid in cash on the same date. The notice also discloses substantial recent sales: for example, AE Red Holdings, LLC sold 1,197,622 common shares on 01/12/2026 for gross proceeds of $12,895,416.44, and Edge Autonomy Ultimate Holdings, LP sold 1,674,093 common shares on 01/12/2026 for $18,025,826.51.
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Insights
Large shareholder plans additional RDW share sale following recent block disposals.
This notice details a planned sale of 1,257,258 RDW common shares, with an indicated aggregate market value of
The disclosure also lists recent multi-day selling activity by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP. Examples include AE Red Holdings, LLC selling 1,197,622 common shares on
FAQ
How many RDW shares are planned to be sold under this notice?
The notice covers a proposed sale of 1,257,258 shares of RDW common stock, with an indicated aggregate market value of $12,748,596.12.
When were the RDW shares to be sold originally acquired and how were they paid for?
The 1,257,258 common shares were acquired on 12/29/2021 in a private placement from the issuer, with the purchase price paid in cash on the same date.
What is the approximate planned sale date and exchange for these RDW shares?
The filing lists an approximate sale date of 01/14/2026, with the shares to be sold on the NYSE through Merrill Lynch at 555 California Street, 18th Floor, San Francisco, CA 94104.
How many RDW common shares were outstanding according to this notice?
The document states that 165,150,783 shares of RDW common stock were outstanding. This figure provides a baseline for the company’s total share count.
What recent RDW share sales by AE Red Holdings, LLC are disclosed?
The filing lists multiple sales by AE Red Holdings, LLC, including 1,197,622 common shares sold on 01/12/2026 for gross proceeds of $12,895,416.44, and 693,324 shares sold on 01/13/2026 for $7,166,008.28.
What recent RDW share sales by Edge Autonomy Ultimate Holdings, LP are disclosed?
Edge Autonomy Ultimate Holdings, LP is shown selling several large blocks, including 1,674,093 common shares on 01/12/2026 for gross proceeds of $18,025,826.51, and 969,160 shares on 01/13/2026 for $10,016,974.15.
What representation does the selling party make about RDW’s non-public information?
By signing the notice, the person for whose account the RDW securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.