[Form 4] Redwire Corporation Insider Trading Activity

Rhea-AI Filing Summary

Bain Capital Credit Member LLC reported significant changes in its holdings of Redwire Corp (RDW) through Form 4 filings. On June 18, 2025, the company, acting as a 10% owner, executed a major transaction involving Series A Convertible Preferred Stock.

Key transaction details:

• Disposed of 11,195.81 shares of Series A Convertible Preferred Stock
• The repurchase was equivalent to 3,670,758 shares of common stock at a conversion price of $3.05
• Transaction value: $61,485,210 based on offering price of $16.75 per common share
• Retained 60,661.53 shares of Series A Convertible Preferred Stock post-transaction

The preferred stock features include a 13% cash dividend or 15% paid-in-kind dividend rate, with conversion rights at any time. The company previously received 21,857.34 shares as paid-in-kind dividends. The conversion price is subject to anti-dilution adjustments.

Positive

• None.

Negative

• Bain Capital Credit, through BCC Redwire Aggregator, sold 11,195.81 shares of Series A Convertible Preferred Stock back to the company, equivalent to 3,670,758 common shares at $16.75 per share, totaling approximately $61.5M in value - indicating a significant reduction in holdings by a major 10% owner

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BAIN CAPITAL CREDIT MEMBER, LLC

(Last) (First) (Middle)

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Redwire Corp [ RDW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series A Convertible Preferred Stock(1)(2)(3)	$3.05(5)	06/18/2025		S			11,195.81(1)(2)	(4)	(4)	Common Stock	3,670,758(1)(2)	(1)(2)	60,661.53(3)	I	See footnote(6)

1. Name and Address of Reporting Person^*

BAIN CAPITAL CREDIT MEMBER, LLC

(Last) (First) (Middle)

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

BCC Redwire Aggregator, L.P.

(Last) (First) (Middle)

C/O BAIN CAPITAL CREDIT MEMBER, LLC

200 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. In connection with the Issuer's June 16, 2025 offer and sale (the "Offering") of shares of its common stock, par value $0.0001 per share ("Common Stock"), on June 18, 2025, the Reporting Person notified the Issuer of its election to have the Issuer repurchase 11,195.81 shares of Series A Convertible Preferred Stock, par value $0.0001 per share (the "Series A Convertible Preferred Stock"), pursuant to the terms of a Registration Rights Coordination Agreement entered into as of June 8, 2025 by and between the Issuer, BCC Redwire Aggregator, L.P., a Delaware limited partnership ("BCCR"), AE Industrial Partners, Fund II L.P. and AE Industrial Structured Solutions I, L.P (the "RRCA").

2. The number of shares of Series A Convertible Preferred Stock repurchased is the number that would need to be converted to yield 3,670,758 shares of Common Stock, based on the quotient of $61,485,210 in Repurchase Proceeds (as defined in the RRCA) divided by a per share price of Common Stock offered in the Offering of $16.75, and a conversion price of $3.05 per share.

3. The number of shares of Series A Convertible Preferred Stock includes 21,857.34 shares received as paid-in-kind dividends since the Reporting Person's most recent filing in transactions exempt under Rule 16a9(a). The Series A Convertible Preferred Stock accrues dividends, payable in cash or, at the option of the Issuer, paid in kind, at a rate of 13% per annum if paid in cash or 15% per annum if paid in kind, subject to certain adjustments. The number of shares of Series A Convertible Preferred Stock held by the Reporting Person and the shares of Common Stock underlying such Series A Convertible Preferred Stock will increase for each dividend period in which the Issuer elects to pay dividends payable with respect to the Series A Convertible Preferred Stock as dividends paid in kind.

4. The Series A Convertible Preferred Stock is convertible at any time, at the holder's election. The Series A Convertible Preferred Stock has no expiration date; however, the Issuer must offer to repurchase each outstanding share of Series A Convertible Preferred Stock in the event of a fundamental change and each share of Series A Convertible Preferred Stock will mandatorily convert into shares of Common Stock upon the satisfaction of certain conditions.

5. The conversion price is subject to customary anti-dilution adjustments, including in the event of any stock split, stock dividend, recapitalization or similar events.

6. The shares of Series A Convertible Preferred Stock are held directly by BCCR. Bain Capital Credit, Member, LLC, a Delaware limited liability company ("BCCM"), is the general partner of BCCR. As a result of the relationships described in this statement, BCCM may be deemed to possess indirect beneficial ownership of the shares of Common Stock held by BCCR. BCCM disclaims indirect beneficial ownership of the securities reported herein except to the extent of its pecuniary interest in such shares.

	By: Bain Capital Credit Member, LLC, /s/ Adriana Rojas Garzon, Associate General Counsel, Capital Markets	06/23/2025
	By: BCC Redwire Aggregator, L.P., by Bain Capital Credit Member, LLC, its general partner, /s/ Adriana Rojas Garzon, Associate General Counsel, Capital Markets	06/23/2025
	** Signature of Reporting Person	Date
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FAQ

What insider transaction occurred at Redwire (RDW) on June 18, 2025?

Bain Capital Credit Member, LLC, a 10% owner of Redwire, sold 11,195.81 shares of Series A Convertible Preferred Stock, which would convert to 3,670,758 shares of common stock. This transaction was part of a repurchase agreement related to Redwire's June 16, 2025 common stock offering.

What is the conversion price of RDW's Series A Convertible Preferred Stock?

The Series A Convertible Preferred Stock has a conversion price of $3.05 per share, subject to customary anti-dilution adjustments for events such as stock splits, stock dividends, recapitalizations, or similar events.

What dividend rate does RDW's Series A Convertible Preferred Stock pay?

The Series A Convertible Preferred Stock accrues dividends at a rate of 13% per annum if paid in cash, or 15% per annum if paid in kind (PIK). Prior to this filing, the company had issued 21,857.34 shares as paid-in-kind dividends.

How many shares of RDW Series A Convertible Preferred Stock does Bain Capital own after the June 2025 transaction?

Following the reported transaction, Bain Capital Credit (through BCC Redwire Aggregator, L.P.) beneficially owns 60,661.53 shares of Series A Convertible Preferred Stock. This ownership is held indirectly through BCC Redwire Aggregator, L.P., with Bain Capital Credit Member, LLC serving as the general partner.

What was the price per share in RDW's June 2025 common stock offering?

According to the filing, Redwire's common stock was offered at $16.75 per share in the June 2025 offering, which was used as the basis for calculating the repurchase of preferred shares from Bain Capital.