Redwire (RDW) CEO reports PSU vesting and tax share withholding
Rhea-AI Filing Summary
Redwire Corp’s chairman and CEO reported equity award activity dated December 31, 2025. A block of 127,500 performance-based restricted stock units (PSUs) converted into 255,000 shares of common stock, as each PSU yielded 2 shares because Redwire’s closing price on that date was at least $7.00 per share. These shares were acquired at an exercise price of $0.
To cover taxes on the PSU vesting, 116,085 shares were mandatorily withheld at a price of $7.6 per share. After these transactions, the reporting person beneficially owned 674,393 shares of Redwire common stock, including 7,544 shares obtained through the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based Restricted Stock Units | 127,500 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 per share | 255,000 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.0001 per share | 116,085 | $7.60 | $882K |
Footnotes (1)
- Represents the conversion of a contingent right to receive between 0 and 2 shares of Redwire common stock per performance-based restricted stock unit (PSU) depending upon Redwire's closing price on December 31, 2025, the end of the performance period. Since the closing price on such date was equal to or greater than $7.00 per share, each PSU converted into 2 shares of Redwire common stock. Includes 7,544 shares acquired through Redwire Corporation's employee stock purchase plan. Represents shares mandatorily withheld for taxes due in connection with the vesting of PSUs. Represents the closing price on the vesting date of December 31, 2025. Each PSU represents a contingent right to receive between 0 and 2 shares of Redwire common stock depending upon Redwire's closing price on December 31, 2025, the end of the performance period. Since the closing price on such date was equal to or greater than $7.00 per share, each PSU converted into 2 shares of Redwire common stock.
FAQ
What insider transaction did Redwire Corp (RDW) report in this Form 4?
The filing shows the company’s chairman and CEO had 127,500 performance-based restricted stock units (PSUs) convert into 255,000 shares of Redwire common stock on December 31, 2025, with the shares acquired at an exercise price of $0.
What happened to the performance-based RSUs after the December 31, 2025 event at Redwire?
The filing indicates that 127,500 performance-based restricted stock units became exercisable and converted into 127,500 underlying awards, which in turn delivered 255,000 shares of common stock because the performance condition was met, leaving 0 derivative securities of that PSU grant beneficially owned.
What type of equity awards are described in this Redwire (RDW) Form 4?
The reported equity awards are performance-based restricted stock units (PSUs). Each PSU gave a contingent right to receive between 0 and 2 shares of Redwire common stock based on the company’s closing stock price on December 31, 2025, the end of the performance period.