Redwire Corp (RDW) CEO reports tax-withholding of 25,369 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Redwire Corp Chairman and CEO Peter Anthony Cannito Jr had 25,369 shares of common stock mandatorily withheld to cover taxes in connection with the vesting of restricted stock units, at a reference price of $10.18 per share. After this tax-withholding disposition, he directly holds 631,990 shares of Redwire common stock, including 9,678 shares acquired through Redwire Corporation's employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cannito Peter Anthony Jr
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share | 25,369 | $10.18 | $258K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 631,990 shares (Direct)
Footnotes (1)
- Represents shares mandatorily withheld for taxes due in connection with the vesting of restricted stock units. Represents the closing price on Friday, July 10, 2026, the last trading day prior to the vesting date. Includes 9,678 shares acquired through Redwire Corporation's employee stock purchase plan.
Key Figures
Shares withheld for taxes: 25,369 shares
Reference share price: $10.18 per share
Shares held after transaction: 631,990 shares
+1 more
4 metrics
Shares withheld for taxes
25,369 shares
Shares mandatorily withheld for taxes upon vesting of restricted stock units
Reference share price
$10.18 per share
Closing price on July 10, 2026, used for the tax-withholding shares
Shares held after transaction
631,990 shares
CEO's directly held Redwire common shares following the withholding
ESPP shares included
9,678 shares
Portion of the CEO's holdings acquired via the employee stock purchase plan
Key Terms
restricted stock units, employee stock purchase plan, tax-withholding disposition
3 terms
restricted stock units financial
"taxes due in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
employee stock purchase plan financial
"Includes 9,678 shares acquired through Redwire Corporation's employee stock purchase plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for payment of tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Redwire Corp (RDW) report for its CEO?
Redwire Corp reported that its Chairman and CEO Peter Anthony Cannito Jr had 25,369 shares of common stock withheld to satisfy tax obligations from vesting restricted stock units, using a reference price of $10.18 per share.
Does the Redwire (RDW) CEO participate in an employee stock purchase plan?
Yes. The CEO's post-transaction holdings include 9,678 shares acquired through Redwire Corporation's employee stock purchase plan, as noted in the insider report's footnotes describing his total direct share ownership.