Redwire (RDW) CEO has shares withheld for RSU taxes, retains 657,359
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Redwire Corp Chairman and CEO Peter Anthony Cannito Jr reported a tax-related share disposition tied to equity compensation. On the vesting of restricted stock units, 19,168 shares of common stock were mandatorily withheld to cover taxes at a reference price of $11.31 per share. This was not an open-market sale. After the withholding, Cannito directly holds 657,359 shares of Redwire common stock, which includes 9,678 shares acquired through the company’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 | 19,168 | $11.31 | $217K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 657,359 shares (Direct, null)
Footnotes (1)
- Represents shares mandatorily withheld for taxes due in connection with the vesting of restricted stock units. Represents the closing price on Thursday, July 2, 2026, the last trading day prior to the vesting date. Includes 9,678 shares acquired through Redwire Corporation's employee stock purchase plan, including 2,134 shares acquired subsequent to the date of the reporting person's last Section 16 filing.
Key Figures
Tax-withheld shares: 19,168 shares
Withholding price: $11.31 per share
Shares held after transaction: 657,359 shares
+2 more
5 metrics
Tax-withheld shares
19,168 shares
Shares withheld for taxes on RSU vesting
Withholding price
$11.31 per share
Closing price on July 2, 2026 used for tax valuation
Shares held after transaction
657,359 shares
Direct common stock holdings following tax withholding
ESPP shares included
9,678 shares
Shares acquired via employee stock purchase plan
Recent ESPP additions
2,134 shares
ESPP shares acquired since last Section 16 filing
Key Terms
restricted stock units, tax-withholding disposition, employee stock purchase plan, Section 16 filing
4 terms
restricted stock units financial
"Represents shares mandatorily withheld for 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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition related to payment of exercise price or 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.
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.
Section 16 filing regulatory
"including 2,134 shares acquired subsequent to the date of the reporting person's last Section 16 filing."
FAQ
What insider transaction did Redwire (RDW) report for its CEO?
Redwire reported that CEO Peter Anthony Cannito Jr had 19,168 shares withheld to cover taxes on vested restricted stock units. This tax-withholding disposition did not involve an open-market sale of shares and reflects routine equity compensation administration.
Was the Redwire (RDW) CEO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were mandatorily withheld upon vesting of restricted stock units to satisfy tax obligations, using the prior trading day’s closing price as the valuation reference.
What role did restricted stock units play in this Redwire (RDW) filing?
The filing states the shares were withheld for taxes related to the vesting of restricted stock units. When these units vested, Redwire retained a portion of the resulting shares to cover the associated tax liability instead of the executive selling shares externally.