RDW (RDW) holder files Rule 144 to sell 1.31M common shares
Rhea-AI Filing Summary
A holder of RDW common stock has filed a Rule 144 notice to sell 1,314,781 shares through Merrill Lynch on the NYSE, with an approximate sale date of 01/09/2026. The class of securities is common stock, and the filing notes that 165,150,783 shares of this class are outstanding.
The shares to be sold were originally acquired on 12/29/2021 in a private placement from the issuer for cash. The notice also lists recent sales over the past three months by entities AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, including multiple transactions in early January 2026 with specified share amounts and gross proceeds.
By signing the notice, the selling party represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations, and acknowledges that intentional misstatements or omissions could constitute federal criminal violations.
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FAQ
What does the RDW Form 144 filing disclose?
The filing discloses that a holder of RDW common stock intends to sell 1,314,781 shares under Rule 144 through Merrill Lynch on the NYSE, with an approximate sale date of 01/09/2026.
How many RDW shares are outstanding according to this Form 144?
The notice states that there are 165,150,783 shares of RDW common stock outstanding in the class referenced in the planned Rule 144 sale.
How and when were the RDW shares to be sold originally acquired?
The shares to be sold were acquired on 12/29/2021 in a private placement transaction from the issuer, and the consideration was paid in cash on the same date.
Which broker and exchange are involved in the planned RDW share sale?
The filing identifies Merrill Lynch, located at 555 California Street, 18th Floor, San Francisco, CA 94104, as the broker, and lists the NYSE as the securities exchange where the RDW common shares are to be sold.
What recent RDW share sales are reported for the past three months?
The notice lists several sales of RDW common stock in the past three months by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, including multiple transactions dated 01/06/2026, 01/07/2026, and 01/08/2026 with stated share amounts and gross proceeds.
What representation does the selling party make in the RDW Rule 144 notice?
By signing, the selling party represents that they do not know of 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 be federal criminal violations.