Redwire (RDW) major holder trims stake with 1.9M-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Redwire Corp’s major shareholder group, including AE Red Holdings and affiliated AE Industrial Partners funds, reported open-market sales of Redwire common stock. They sold 1,202,375 shares on April 14 at $9.92 per share and 692,936 shares on April 15 at $9.70 per share, for a total of 1,895,311 shares sold. The filing notes these prices are weighted averages across trade ranges. After these transactions, 29,418,351 shares of Redwire common stock remain indirectly held. The reporting entities and individuals disclaim beneficial ownership beyond their economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,895,311 shares ($18,649,039)
Net Sell
2 txns
Insider
AE RED HOLDINGS, LLC, GREENE MICHAEL ROBERT, ROWE DAVID H., AE INDUSTRIAL PARTNERS FUND II-B, LP, AE INDUSTRIAL PARTNERS FUND II, LP, AE INDUSTRIAL PARTNERS FUND II-A, LP, AEROEQUITY GP, LLC, Edge Autonomy Ultimate Holdings, LP
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
Sold
1,895,311 shs ($18.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.0001 per share | 692,936 | $9.70 | $6.72M |
| Sale | Common Stock, par value $0.0001 per share | 1,202,375 | $9.92 | $11.93M |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 29,418,351 shares (Indirect, See footnotes)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.64 to $10.52. 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. 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. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.46 to $9.93. 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
Shares sold April 14: 1,202,375 shares
Shares sold April 15: 692,936 shares
Total shares sold: 1,895,311 shares
+3 more
6 metrics
Shares sold April 14
1,202,375 shares
Open-market sale at $9.92 per share
Shares sold April 15
692,936 shares
Open-market sale at $9.70 per share
Total shares sold
1,895,311 shares
Net open-market sales reported in this Form 4
Shares held after latest sale
29,418,351 shares
Indirect holdings after April 15 transaction
April 14 weighted average price
$9.92 per share
Multiple trades between $9.64 and $10.52
April 15 weighted average price
$9.70 per share
Multiple trades between $9.46 and $9.93
Key Terms
weighted average price, voting and dispositive power, beneficial ownership, pecuniary interest, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
voting and dispositive power financial
"Voting and dispositive power with respect to the securities held by AE Red Holdings, LLC..."
beneficial ownership financial
"Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein"
Section 16 regulatory
"this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16..."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did Redwire Corp (RDW) report on this Form 4?
Redwire Corp reported that a major shareholder group associated with AE Red Holdings and related funds sold 1,895,311 shares of common stock in open-market transactions over two days, while continuing to hold a large indirect position after the sales.
How large is the remaining Redwire (RDW) stake after these insider sales?
After the reported sales, the filing shows 29,418,351 Redwire common shares indirectly held by the reporting entities. This indicates the transactions reduced but did not eliminate their position, leaving a substantial continuing ownership stake in the company.
Were the Redwire (RDW) insider sales executed in single trades or multiple trades?
The filing explains that the reported per-share prices are weighted averages. Shares on both April 14 and April 15 were sold in multiple transactions within specified price ranges, and detailed trade information is available upon request to the company or regulators.