RDW Form 144 Notice — 11,000,000 Shares via Goldman Sachs
Rhea-AI Filing Summary
Redwire Corp (RDW) filed a Form 144 notice proposing to sell 11,000,000 shares of common stock through Goldman Sachs & Co. LLC with an aggregate market value of $86,130,000.00. The filing reports 144,039,944 shares outstanding, and lists an approximate sale date of 09/17/2025 on the NYSE. The securities were originally acquired on 10/28/2022 in a private placement from the issuer and paid in cash on that date. The filer reports no securities sold in the past three months and includes the standard representation that no undisclosed material adverse information is known.
Positive
- None.
Negative
- Large proposed sale: 11,000,000 shares represent a material portion (~7.64%) of the 144,039,944 shares outstanding based on the figures in the filing.
- Potential market impact: The sizeable aggregate market value of $86,130,000 may increase selling pressure if executed rapidly.
- Limited identity disclosure: The provided extract does not show the filer CIK/CCC or name, restricting investor ability to assess seller intent.
Insights
TL;DR: A proposed public sale of 11.0M shares (~7.6% of outstanding) could exert near-term selling pressure depending on execution.
The Form 144 indicates a sizeable block of common stock will be offered via a major broker on 09/17/2025. Given 144,039,944 shares outstanding, the 11,000,000-share notice represents a meaningful portion of float that could increase supply into the market if sold quickly. The shares were acquired in a private placement on 10/28/2022 and were paid for in cash, suggesting earlier strategic issuance rather than recent secondary purchases. No sales in the prior three months are reported, so this notice appears to be the first planned sale in the near term.
TL;DR: The filing discloses a material proposed sale but provides limited context on the seller's identity or intent.
The Form 144 supplies transaction mechanics—broker, share count, acquisition date and method—but omits the filer CIK/CCC and the named seller details in the provided extract. That limits stakeholders' ability to assess whether this is an insider, institutional holder, or affiliate sale, which matters for governance and signaling. The standard signature representation about undisclosed material information is present.