Major RDW holders plan multi-million share sale in new Form 144 filing (RDW)

Rhea-AI Filing Summary

RDW had a Form 144 filed for the planned sale of 2,021,758 shares of common stock through Merrill Lynch, with an aggregate market value of 28,708,963.6 and 165,150,783 shares outstanding at the time listed.

The shares were originally acquired on 09/02/2021 in a private placement from the issuer for cash. The filing also lists substantial recent sales of common shares in early January 2026 by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, showing multiple large block transactions and significant gross proceeds.

Insights

Equity markets analyst

Large shareholders plan additional RDW share sales after recent sizable disposals.

The filing indicates an intention to sell 2,021,758 common shares of RDW through Merrill Lynch, tied to a prior private placement on 09/02/2021. The aggregate market value listed is 28,708,963.6, with 165,150,783 shares outstanding.

Alongside this planned sale, the notice details multiple recent block sales in early January 2026 by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, each involving large amounts of common shares and multi-million gross proceeds. This pattern shows ongoing disposition activity by significant holders.

Actual market impact depends on execution of the planned 2,021,758-share sale and any further sales these holders may choose to make, as future activity would be reflected in additional regulatory disclosures.

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	2021758	28708963.6	165150783	01/28/2026	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			2021758	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
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

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 upcoming share sales?

The Form 144 filing for RDW discloses an intended sale of 2,021,758 common shares through Merrill Lynch, with an aggregate market value of 28,708,963.6. It also notes that 165,150,783 shares were outstanding at the time referenced in the filing.

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

The 2,021,758 RDW common shares covered by the Form 144 were acquired on 09/02/2021 in a private placement transaction directly from the issuer. The filing states that payment for these securities was made on the same date and that the consideration consisted of cash.

Which broker is handling the planned RDW Form 144 share sale?

The planned sale of 2,021,758 RDW common shares is listed as being handled by Merrill Lynch, with an address at 555 California Street, 18th Floor, San Francisco, CA 94104. The securities are identified as common stock to be sold on the NYSE.

What recent RDW share sales by AE Red Holdings, LLC are reported?

The filing lists multiple January 2026 sales of RDW common shares by AE Red Holdings, LLC, including transactions such as 776,556 shares on 01/06/2026 for gross proceeds of 8,110,291.85 and 4,378,928 shares on 01/14/2026 for 46,066,322.56.

What recent RDW share sales by Edge Autonomy Ultimate Holdings, LP are reported?

Edge Autonomy Ultimate Holdings, LP is shown selling RDW common shares across several days in January 2026. Examples include 1,085,507 shares on 01/06/2026 for 11,336,952.61 and 6,121,072 shares on 01/14/2026 for 64,393,677.44 in gross proceeds.

What representation does the RDW Form 144 signer make about issuer information?

The signer of the RDW Form 144 represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and acknowledges that intentional misstatements or omissions can constitute federal criminal violations.