Redwire (RDW) affiliated holder sells 21,365,909 shares at $10.85 in single trade
Rhea-AI Filing Summary
Redwire Corp insider entities reported an open-market sale of 21,365,909 shares of common stock at $10.85 per share in a single transaction. The shares are held indirectly, with voting and dispositive power over AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP exercised by Michael Greene and David H. Rowe through affiliated AE Industrial Partners funds.
After this sale, the reporting group’s indirect holdings stood at 128,440 shares of common stock. Each involved entity and individual disclaims beneficial ownership of the reported shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Large indirect holder executes a sizable open-market sale, leaving a small remaining stake.
The filing shows an indirect holder group associated with Redwire Corp completing an open-market sale of 21,365,909 common shares at $10.85 per share. This is a single, concentrated transaction rather than a series of smaller trades.
Post-transaction, the group reports 128,440 shares indirectly held, indicating that most of the previously reported position was sold. Voting and dispositive power are exercised by Michael Greene and David H. Rowe through affiliated AE Industrial Partners funds, with all parties formally disclaiming beneficial ownership beyond their pecuniary interest.
The transaction represents a net-sell event by an affiliated holder rather than a company-level action. It does not change Redwire’s share count or capital structure; it simply transfers ownership of existing shares in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.0001 per share | 21,365,909 | $10.85 | $231.82M |
Footnotes (1)
- These shares were sold in a single transaction at a price of $10.85. 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.