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.
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.