AE Red entities sell 950K Redwire shares
Redwire Corp insider entities reported open-market sales of 950,144 common shares by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP.
Rhea-AI Filing Summary
Redwire Corp insider entities reported open-market sales of 950,144 common shares by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP. The sales occurred in two transactions, one for 407,776 shares at a weighted average price of $10.17 and another for 542,368 shares at a weighted average price of $9.37. After the later transaction, indirect holdings reported were 32,685,073 shares of common stock. Voting and dispositive power over these securities is exercised by Michael Greene and David H. Rowe through affiliated AE Industrial entities, and all parties disclaim beneficial ownership beyond their pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.0001 per share | 542,368 | $9.37 | $5.08M |
| Sale | Common Stock, par value $0.0001 per share | 407,776 | $10.17 | $4.15M |
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.54. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1 to this Form 4.
- F2. Voting and dispositive power with respect to the securities held by AE Red Holdings, LLC ("AE Red") and Edge Autonomy Ultimate Holdings, LP ("Edge Seller") is exercised by Michael Greene and David H. Rowe, the managing members of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP, the general partner of each of the AE Funds (as defined below). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of AE Red and Edge Seller.
- F3. Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.10 to $9.75. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.
Key Figures
Key Terms
weighted average price financial
voting and dispositive power financial
beneficial ownership financial
pecuniary interest financial
Section 16 regulatory
FAQ
What insider transaction did Redwire Corp (RDW) disclose in this Form 4?
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