Every Form 4 that Redwire Corporation (RDW) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow RDW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RDW filings page.
Aaron Michael Futch, EVP, GC and Secretary of Redwire, received a grant of 45,455 restricted stock units that vest in three equal annual installments on July 14, 2027, July 14, 2028 and July 14, 2029, plus 45,455 performance-based RSUs tied to total shareholder return versus the Russell 2000 Total Return Index through December 31, 2028.
In connection with a prior RSU vesting, 2,271 shares of common stock were mandatorily withheld to cover taxes at $9.74 per share. Following these transactions, Futch holds 131,833.794 common shares directly, including 2,360 acquired through the employee stock purchase plan, in addition to the new RSU awards.
Redwire Corp Chairman and CEO Peter Anthony Cannito Jr reported equity compensation changes on July 14, 2026. A grant covered 190,637 common shares and 190,637 Performance-Based Restricted Stock Units that may deliver between 0 and 2 shares each based on total shareholder return versus the Russell 2000 Total Return Index from January 1, 2026 through December 31, 2028. 12,631 shares were mandatorily withheld to cover taxes upon restricted stock unit vesting at $9.74 per share. After these transactions, he holds 809,996 common shares directly, including 9,678 shares acquired through the employee stock purchase plan, plus the performance-based RSUs expiring December 31, 2028.
Redwire Corp’s President, Space, Michael N. Gold reported equity compensation changes and related tax withholding. He received an award of 63,637 restricted stock units that vest in three equal annual installments on July 14, 2027, 2028 and 2029, and 63,637 performance-based RSUs, each representing a contingent right to receive between 0 and 2 shares depending on Redwire’s total shareholder return versus the Russell 2000 Total Return Index from January 1, 2026 through December 31, 2028. In connection with a separate RSU vesting, 3,777 shares were mandatorily withheld to cover taxes at a price of $9.74 per share, the closing price on the vesting date. Following these transactions, he directly holds 264,866 shares of common stock and 63,637 performance-based RSUs.
Redwire Corp Chief Financial Officer Chris Edmunds reported equity awards on July 14, 2026. He received 76,364 time‑based restricted stock units, vesting in three equal annual installments on July 14, 2027, July 14, 2028 and July 14, 2029, and 76,364 Performance-Based Restricted Stock Units (2026) that can settle into 0–2 shares each based on total shareholder return versus the Russell 2000 Total Return Index during the period from January 1, 2026 to December 31, 2028. In connection with an RSU vesting, 1,160 shares were mandatorily withheld to cover taxes at $9.74 per share, the closing price on the vesting date. After these transactions, Edmunds directly owns 200,967 common shares and 76,364 performance-based RSUs.
Redwire Corp executive Aaron Michael Futch, EVP, GC and Secretary, reported a Form 4 transaction in which 1,834 shares of common stock were mandatorily withheld to cover taxes upon vesting of restricted stock units at a reference price of $10.18 per share. Following the withholding, he directly holds 88,649.794 shares, including 2,360 shares acquired through Redwire’s employee stock purchase plan.
Redwire Corp’s President, Space, Michael N. Gold had 11,457 shares of common stock mandatorily withheld on July 11, 2026 to cover taxes due on the vesting of restricted stock units. The shares were valued using the $10.18 closing price on July 10, 2026, and he now directly holds 205,006 shares. This was a tax-withholding disposition rather than an open-market sale.
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.
Heston Gregory L reported acquisition or exercise transactions in this Form 4 filing.
Redwire Corp director Gregory L. Heston reported an equity award of 14,735 restricted stock units. These units were granted at no cost and vest in full on July 10, 2027, subject to his continued service. After this award, he holds 14,935 shares and units directly.
Redwire Corp Chief Financial Officer Chris Edmunds reported a tax-withholding disposition of 3,372 shares of common stock on July 11, 2026. The shares were mandatorily withheld to cover taxes from vesting restricted stock units and valued at the $10.18 prior closing price. After this transaction, Edmunds directly holds 125,763 shares.
Redwire Corp Chief Financial Officer Chris Edmunds reported a routine tax-withholding share disposition related to equity compensation. On July 3, 2026, 2,522 shares of common stock were withheld at a price of $11.31 per share to cover taxes triggered by vesting restricted stock units.
After this non-market transaction, Edmunds directly holds 129,135 shares of Redwire common stock. Footnotes clarify the shares were mandatorily withheld for tax obligations and that the price reflects the July 2, 2026 closing market price prior to the vesting date.
Redwire Corp executive Michael N. Gold reported a routine share withholding related to compensation. On the vesting of restricted stock units, 8,122 shares of common stock were mandatorily withheld to cover taxes at a reference price of $11.31 per share. Following this tax-withholding disposition, he directly owns 216,463 shares of Redwire common stock.
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.
On June 11, 2026, reporting entities including AE Red Holdings and AE Industrial Partners funds exercised 2,000,000 warrants for Redwire common stock at $11.50 per share on a cashless basis, with the issuer withholding some shares and issuing 929,435 shares. They also reported a sale of 1,070,565 common shares at $21.484 per share. After these indirect transactions, the reporting group held 1,077,419 common shares, with voting and dispositive power shared by directors Michael Greene and David H. Rowe and beneficial ownership disclaimed except for pecuniary interests.
Brothers Louis R Jr reported acquisition or exercise transactions in this Form 4 filing.
Redwire Corp director Louis R. Jr. Brothers received an equity award of 9,772 restricted stock units of common stock. The award was granted at no cash cost and represents compensation rather than an open-market purchase.
The restricted stock units vest in full on May 21, 2027, as long as Brothers continues to serve the company through that date. After this grant, he directly holds 129,043 shares of Redwire common stock, showing this is a modest, routine addition to his existing stake.
Calvelli Frank reported acquisition or exercise transactions in this Form 4 filing.
Redwire Corp director equity grant reported. Director Frank Calvelli received 9,772 shares of Redwire common stock in the form of restricted stock units as a compensation award. These units vest in full on May 21, 2027, if he continues serving the company through that date, bringing his reported direct holdings to 12,771 shares.
Isham Joanne O'Rourke reported acquisition or exercise transactions in this Form 4 filing.
Redwire Corp director Joanne O'Rourke received an equity award of 9,772 shares of common stock. The award consists of restricted stock units that vest in full on May 21, 2027, as long as she continues to provide service to the company through that date. After this grant, she directly holds 105,169 shares of Redwire common stock.
HAYES DOROTHY D reported acquisition or exercise transactions in this Form 4 filing.
Redwire Corp director Dorothy D. Hayes received a grant of 9,772 shares of common stock in the form of restricted stock units as compensation. The units were awarded at no cash cost per share and are not an open-market purchase.
These restricted stock units vest in full on May 21, 2027, conditional on her continued service to Redwire through that date. Following this award, Hayes directly holds a total of 28,881 shares of Redwire common stock, reflecting her equity-based stake in the company.
McConville James reported acquisition or exercise transactions in this Form 4 filing.
Redwire Corp director James McConville received an equity award of 9,772 restricted stock units. These RSUs represent rights to receive common shares and were granted at no cash cost. They will vest in full on May 21, 2027, if he continues serving the company through that date. After this award, his directly held equity position reported in this filing is 28,881 shares and units in total, giving a clearer picture of his current stake.
Redwire Corp reported an insider Form 4 showing an indirect award of 19,544 shares of common stock in the form of restricted stock units. These RSUs were granted in equal amounts of 9,772 units to each of Kirk Michael Konert and Michael Robert Greene for their service on the Board of Directors and are held for the benefit of AE Industrial Partners, LP.
The RSUs are scheduled to vest in a single installment on May 21, 2027, subject to continued service, and will then be assigned to AE Industrial Partners, LP. Following this award, the filing shows 147,984 shares of Redwire common stock indirectly owned, reflecting a compensation-related acquisition rather than an open-market purchase or sale.
Redwire Corp’s major investment entities reported a large conversion and sale of shares. Affiliates of AE Industrial Partners converted 46,505.13 shares of Series A Convertible Preferred Stock into 15,247,586 shares of common stock at a conversion price of $3.05 per share. On the same date, they sold 9,588,077 common shares in a single transaction at $13.30 per share and 5,659,509 common shares in open-market trades at a weighted average price within a $13.01–$15.80 range. Michael Greene and David H. Rowe exercise voting and dispositive power over these entities but, along with the entities, disclaim beneficial ownership except to the extent of their pecuniary interest. Following these transactions, no Series A Convertible Preferred Stock remains outstanding for the reporting entities.
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.
Redwire Corp insider entities associated with AE Industrial Partners reported open-market sales of a combined 2,744,259 shares of common stock. On April 20, 2026, they sold 1,766,372 shares at a weighted average price of $10.23, followed by 977,887 shares on April 21, 2026 at a weighted average price of $10.57. After these transactions, indirect holdings reported in the filing were 22,472,236 shares and 21,494,349 shares, respectively, with all reporting persons disclaiming beneficial ownership beyond their pecuniary interest.
Redwire Corp reported that investment entities affiliated with AE Industrial Partners executed open-market sales of its common stock over two days. On April 16, they sold 3,145,207 shares at a weighted average price of $10.57 per share. On April 17, they sold an additional 2,034,536 shares at a weighted average price of $10.77 per share, for total reported sales of 5,179,743 shares. Following the most recent transaction, the filing shows 24,238,608 shares of Redwire common stock held indirectly. Voting and dispositive power over shares held by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP is exercised by Michael Greene and David H. Rowe through affiliated general partner entities, and each reporting person disclaims beneficial ownership beyond their pecuniary interest.
Redwire Corp’s major shareholder group, including AE Red Holdings and affiliated AE Industrial Partners funds, reported open-market sales of Redwire common stock. They sold 1,202,375 shares on April 14 at $9.92 per share and 692,936 shares on April 15 at $9.70 per share, for a total of 1,895,311 shares sold. The filing notes these prices are weighted averages across trade ranges. After these transactions, 29,418,351 shares of Redwire common stock remain indirectly held. The reporting entities and individuals disclaim beneficial ownership beyond their economic interest.
Redwire Corp investment entities reported open-market insider sales of common stock. On April 10, 2026, entities including AE Red Holdings and Edge Autonomy Ultimate Holdings sold 581,018 shares of Redwire common stock at a weighted average price of $9.31 per share.
On April 13, 2026, the same affiliated entities sold an additional 790,393 shares at a weighted average price of $9.78 per share. After these indirect sales, the reporting entities collectively held 31,313,662 shares of Redwire common stock, with voting and dispositive power exercised through AE Industrial Partners–affiliated general partner entities.
Redwire Corp insider entities reported open-market sales of 950,144 common shares by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP. The sales occurred in two transactions, one for 407,776 shares at a weighted average price of $10.17 and another for 542,368 shares at a weighted average price of $9.37. After the later transaction, indirect holdings reported were 32,685,073 shares of common stock. Voting and dispositive power over these securities is exercised by Michael Greene and David H. Rowe through affiliated AE Industrial entities, and all parties disclaim beneficial ownership beyond their pecuniary interest.
Calvelli Frank reported acquisition or exercise transactions in this Form 4 filing.
Redwire Corp director Frank Calvelli received a grant of 2,999 shares of common stock in the form of restricted stock units. These units were awarded at a stated price of $0.0000 per share and represent his entire reported direct ownership after the transaction.
The restricted stock units vest in full on April 3, 2027, provided he continues to serve the company through that date. This filing reflects a compensation-related equity award rather than an open-market purchase or sale.
Redwire Corp large shareholder entities report open-market sales of common stock. Entities associated with AE Industrial Partners sold a total of 10,000,000 Redwire common shares in two indirect open-market transactions. On March 24, 2026, they sold 7,500,000 shares at $9.15 per share. On March 25, 2026, they sold 2,500,000 shares at a weighted average price of $9.45 per share, with individual trades ranging from $9.45 to $9.54. Following these sales, the reporting entities continue to hold 33,635,217 shares of Redwire common stock indirectly.
Redwire Corp major shareholder AE Red Holdings–affiliated entities reported a small open-market sale of common stock. The filing shows an indirect sale of 27,190 Redwire shares at a weighted average price of $10.06 per share, in multiple trades between $10.00 and $10.04.
After this transaction, the reporting group still holds 43,635,217 shares indirectly, indicating the sale is very small relative to their overall position. Voting and dispositive power over these securities is exercised through entities managed by Michael Greene and David H. Rowe, who each disclaim beneficial ownership beyond any pecuniary interest.
Redwire Corp major shareholder entities associated with AE Industrial Partners reported open-market sales of a combined 1,078,246 shares of common stock. The shares were sold on March 17 and March 18 at weighted average prices of $10.10 and $10.01 per share, respectively, across trade ranges between $10.00 and $10.30. Following these transactions, indirect holdings reported in this Form 4 totaled 43,662,407 shares. The reporting entities and individuals disclaim beneficial ownership of the shares except to the extent of their pecuniary interest.
Investment entities affiliated with AE Industrial Partners, including AE Red Holdings and Edge Autonomy Ultimate Holdings, reported open-market sales of 108,681 shares of Redwire common stock in two transactions. Shares were sold around $10.01–$10.06 per share, leaving 44,740,653 shares indirectly held after the latest sale. The filing states that the entities and individuals disclaim beneficial ownership beyond their pecuniary interest.
Redwire Corp insiders associated with AE Industrial Partners reported an open-market sale of 244,666 shares of common stock on March 2, 2026 at a weighted average price of $10.06 per share. The sale price ranged from $10.00 to $10.35.
After this transaction, the reporting group shows 44,849,334 shares of Redwire common stock indirectly owned. Voting and dispositive power over shares held by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP is exercised by Michael Greene and David H. Rowe through affiliated AE Industrial entities, and all reporting persons disclaim beneficial ownership beyond their pecuniary interest.
Redwire Corp’s 10% holder group reported significant insider sales of common stock. Entities affiliated with AE Industrial Partners, including AE Red Holdings and Edge Autonomy Ultimate Holdings, which are deemed directors and 10% owners, executed open-market sales of Redwire common shares.
They sold 1,385,507 shares on February 9, 2026 at a weighted average price of $10.10, in multiple trades ranging from $10.00 to $10.31, and 49,985 shares on February 10, 2026 at a weighted average price of $10.01, in trades ranging from $10.00 to $10.03. After these transactions, they indirectly beneficially owned 45,094,000 shares. The reporting entities and individuals disclaim beneficial ownership of the reported shares except to the extent of their pecuniary interest.
Entities affiliated with AE Industrial Partners reported significant insider sales of Redwire Corp (RDW) common stock. On February 3, 2026, they sold 3,357,142 shares of common stock at a weighted average price of $11.18, in multiple trades between $11.00 and $11.41.
On February 4, 2026, they sold an additional 11,761 shares at $11.18 per share. After these transactions, 46,529,492 shares of Redwire common stock were reported as beneficially owned indirectly. Voting and dispositive power over the securities held by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP is exercised by entities and individuals associated with AE Industrial Partners, who disclaim beneficial ownership beyond their pecuniary interest.
Redwire Corp director and 10% owner affiliates reported large secondary share sales. AE Red Holdings, LLC and related AE Industrial Partners entities, which are considered directors by deputization, reported two indirect sales of Redwire common stock.
On January 30, 2026, they sold 1,550,179 common shares at a weighted average price of $12.65, leaving 51,210,521 shares indirectly held. On February 2, 2026, they sold a further 1,312,126 shares at a weighted average price of $11.12, with 49,898,395 shares indirectly held afterward.
The prices reflect multiple trades within stated ranges, and the AE-affiliated entities and individuals disclaim beneficial ownership of the reported shares beyond their pecuniary interests.
Redwire Corp insider filing shows large share sales by an affiliated investment group. On January 28, 2026, the group sold 4,847,867 shares of Redwire common stock at a weighted average price of $13.29, leaving 56,693,386 shares held indirectly.
On January 29, 2026, the same group reported selling another 3,932,686 shares at a weighted average price of $12.80, with 52,760,700 shares then held indirectly. Voting and dispositive power over these securities is exercised through AE Industrial-affiliated entities, and the parties disclaim beneficial ownership beyond their economic interest.
Redwire Corp’s large shareholder group linked to AE Industrial Partners reported significant open‑market stock sales. Investment entities including AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, which are treated as 10% owners and directors by deputization, sold 1,662,484 shares of Redwire common stock on January 13, 2026 at a weighted average price of $10.34.
On January 14, 2026, they sold an additional 2,156,683 shares at a weighted average price of $10.49 and a separate 10,500,000‑share block at $10.52. After these transactions, the reporting entities collectively reported indirect beneficial ownership of 61,541,253 Redwire shares. The weighted average prices reflect multiple trades in ranges from $10.00 to $11.08 and $10.00 to $11.07 for the first two sale dates, and a single transaction at $10.52 for the 10,500,000 shares. The filing notes that each related entity and individual disclaims beneficial ownership beyond their pecuniary interest.
Redwire Corp reported insider share sales by entities affiliated with AE Industrial Partners. On January 9, 2026, these reporting persons indirectly sold 2,255,356 shares of Redwire common stock at a weighted average price of $10.83 per share, in multiple trades between $10.04 and $11.37. On January 12, 2026, they indirectly sold another 2,871,715 shares at a weighted average price of $10.77 per share, in trades ranging from $10.16 to $11.83. After these transactions, the reporting group, including AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, reported indirect beneficial ownership of 75,860,420 shares of Redwire common stock, while the entities and individuals involved disclaim beneficial ownership beyond their economic interests.
Redwire Corp’s major shareholder group reported sizable stock sales over two days. Investment entities associated with AE Industrial Partners, which are listed as directors and 10% owners, reported selling 872,599 shares of Redwire common stock on January 7, 2026 at a weighted average price of $10.08 per share, and 1,772,193 shares on January 8, 2026 at a weighted average price of $10.27 per share.
After these open‑market sales, the group reported indirect beneficial ownership of 82,759,684 shares following the first transaction and 80,987,491 shares following the second transaction. The filing notes that prices on each day reflect multiple trades within stated ranges and that various AE Industrial funds and related entities, as well as certain individuals, disclaim beneficial ownership beyond their pecuniary interest.
Redwire Corp insider entities reported a major stock sale by affiliated funds. On January 6, 2026, entities associated with AE Industrial Partners disclosed the sale of 1,862,063 shares of Redwire common stock at a weighted average price of $10.44 per share. After this sale, the filing reports 83,632,283 shares of Redwire common stock beneficially owned indirectly.
The securities are held by entities including AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, with voting and dispositive power exercised by Michael Greene and David H. Rowe through their roles at AeroEquity GP, LLC and related AE Industrial Partners funds. The entities and individuals involved disclaim beneficial ownership of the reported shares except to the extent of their pecuniary interest.
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.
Redwire Corp’s chief financial officer reported a performance-based equity vesting tied to the company’s stock price. On December 31, 2025, 20,250 performance-based restricted stock units (PSUs) automatically converted into 40,500 shares of Redwire common stock after the closing price on that date was at least $7.00 per share, triggering the maximum 2-for-1 share conversion.
To cover taxes due at vesting, 16,284 shares of common stock were mandatorily withheld at a price of $7.6 per share. After these transactions, the reporting person directly beneficially owned 131,657 shares of Redwire common stock, reflecting a routine equity compensation event rather than an open-market purchase or sale.
Redwire Corp (RDW) reported an insider open-market purchase by its EVP, GC and Secretary. On 11/14/2025, the officer bought 18,410.196 shares of common stock at $5.45, followed by a small lot of 0.238 shares at $5.445. After these transactions, the officer beneficially owned 88,703.794 shares directly. A footnote states this figure includes 580 shares acquired through Redwire’s employee stock purchase plan.
Redwire Corp (RDW) reported an insider purchase on a Form 4. An officer listed as Chief Accounting Officer bought 5,500 shares of common stock on 11/14/2025 at a price of $5.4599 per share, coded “P” for an open-market purchase.
Following this transaction, the officer beneficially owns 107,441 shares, held as Direct (D) ownership. This filing reflects insider activity and does not change the company’s fundamentals.
Redwire Corp (RDW) reported an insider purchase by its Chairman and CEO. On 11/13/2025, the reporting person bought 8,750 shares of common stock at $5.7099 per share (transaction code P). Following the trade, the reporting person directly owned 535,478 shares. A footnote states this total includes 7,544 shares acquired through Redwire’s employee stock purchase plan.
Redwire Corp (RDW) disclosed an insider purchase by officer James H. Romaker. On 11/11/2025, he acquired 4,098.36 shares of common stock at $6.1 per share (transaction code P).
Following this transaction, his direct beneficial ownership stands at 70,293.36 shares. He serves as EVP, General Counsel and Secretary. A footnote states this total includes 580 shares acquired through Redwire’s employee stock purchase plan.
Redwire Corp (RDW) reported an insider share purchase by its Chairman and CEO on 11/10/2025. The filing shows a buy of 32,155 shares of common stock at a weighted average price of $6.2097, with individual trades ranging from $6.205 to $6.21.
Following this transaction, the reporting person beneficially owns 526,728 shares directly, which includes 7,544 shares acquired through Redwire Corporation’s employee stock purchase plan.
Redwire Corporation (RDW) reported an insider equity award. A director received 19,109 restricted stock units on October 29, 2025 at a price of $0. These RSUs vest in full on October 29, 2026, subject to continued service. Following the award, the reporting person beneficially owns 19,109 shares on a direct basis.
Redwire Corp (RDW) reported an insider equity award. A director acquired 19,109 shares of common stock on 10/29/2025 via a restricted stock unit grant at $0.
The RSUs vest in full on October 29, 2026, conditioned on continued service. Following the award, the reporting person held 19,109 shares directly.
Bain Capital Credit Member, LLC and related BCC Redwire Aggregator, L.P. reported a conversion and sale of Redwire Corp common stock. On 09/15/2025 the reporting persons converted Series A Convertible Preferred Stock into 11,000,000 shares of common stock at a conversion price of $3.05 per share. On 09/17/2025 those 11,000,000 common shares were sold at $7.83 per share, leaving 0 shares of common stock beneficially owned following the transaction. The filing discloses that the Series A preferred accrues dividends at 13% cash or 15% paid-in-kind and that preferred shares are convertible at holder election and held directly by the partnership BCC Redwire Aggregator, L.P., for which Bain Capital Credit Member, LLC is general partner and may be deemed to have indirect beneficial ownership.