AE Industrial funds cut Redwire (NYSE: RDW) ownership to 18.5%
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
AE Industrial-affiliated investors filed Amendment No. 19 to their Schedule 13D on Redwire Corp to report a reduced ownership position following open-market sales of common stock. The group now reports aggregate beneficial ownership of 38,753,687 shares of Redwire common stock, representing 18.5% of the company’s common shares, assuming 209,235,193 shares outstanding.
This figure combines directly held common shares, 2,000,000 warrants to purchase common stock, shares issuable upon conversion of Series A Convertible Preferred Stock and 11,802 shares issuable under restricted stock units vesting on May 22, 2026. Michael Greene and David H. Rowe are described as exercising voting and dispositive power over these holdings.
Positive
- None.
Negative
- None.
Key Figures
Aggregate beneficial ownership: 38,753,687 shares
Ownership percentage: 18.5%
Assumed shares outstanding: 209,235,193 shares
+5 more
8 metrics
Aggregate beneficial ownership
38,753,687 shares
Beneficially owned Redwire common stock and related derivatives
Ownership percentage
18.5%
Portion of Redwire common stock beneficially owned by reporting persons
Assumed shares outstanding
209,235,193 shares
Redwire common shares assumed outstanding for ownership calculations
Common shares outstanding base
191,975,804 shares
Redwire common shares outstanding as of February 23, 2026
Warrants
2,000,000 warrants
Warrants to acquire Redwire common stock held by reporting persons
Convertible preferred into common
15,247,586 shares
Common shares issuable upon conversion of 46,505.13 Series A Convertible Preferred shares
RSU-related common shares
11,802 shares
Common shares issuable from restricted stock units vesting May 22, 2026
Edge Autonomy holdings
12,455,455 shares
Common stock issued under Amended Merger Agreement on June 13, 2025
Key Terms
Schedule 13D, beneficial ownership, Series A Convertible Preferred Stock, restricted stock units, +2 more
6 terms
Schedule 13D regulatory
"The filed with the Commission on September 2, 2021, as amended by Amendment No. 1..."
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficial ownership financial
"The Amendment is being filed to report changes in the beneficial ownership of the Reporting Persons..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Series A Convertible Preferred Stock financial
"shares of Common Stock issuable upon the conversion of 46,505.13 shares of Series A Convertible Preferred Stock..."
Series A convertible preferred stock is a class of shares sold in an early funding round that gives investors a mix of protection and upside: it pays a priority claim over common shares if the company is sold or closes, but can be converted into ordinary shares to share in future growth. Think of it like a hybrid between a safer stake and a ticket to ownership; it matters to investors because it affects who controls the company, how future gains are split, and how much their investment is protected from downside.
restricted stock units financial
"11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026."
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.
Warrants financial
"2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 warrants to acquire one share of Common Stock ("Warrants")"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
open market transactions financial
"reflects a reduction in reported beneficial ownership due to sales of Common Stock made by the Reporting Persons in open market transactions."
Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.
FAQ
What does the new Schedule 13D/A say about AE Industrial’s stake in Redwire (RDW)?
The filing reports AE Industrial-affiliated investors beneficially own 38,753,687 Redwire shares, or 18.5% of common stock. This ownership includes common shares, warrants, convertible preferred stock and restricted stock units, and reflects a reduction due to open-market sales.
How was the 18.5% beneficial ownership in Redwire (RDW) calculated?
The 18.5% figure uses 191,975,804 common shares outstanding from Redwire’s Form 10-K, plus 2,000,000 warrant shares, 15,247,586 shares from Series A Convertible Preferred Stock, and 11,802 shares from restricted stock units, compared against 38,753,687 beneficially owned shares.
Did AE Industrial’s Redwire (RDW) stake change due to recent trading activity?
Yes. The amendment explains it is filed to reflect a reduction in reported beneficial ownership resulting from sales of Redwire common stock by the reporting persons in open-market transactions over the recent period.