Form 4: AE Red Holdings Acquires Additional Shares in Redwire Corp Through Restricted Stock Unit Vesting
SEC Form 4
AE Red Holdings, along with related entities and individuals, reports the acquisition of 20,921 shares of Redwire Corp common stock through the vesting of restricted stock units.
Summary
- AE Red Holdings, LLC, along with affiliated entities and individuals, filed a Form 4 detailing changes in beneficial ownership of Redwire Corp [RDW] securities.
- On May 23, 2024, 20,921 shares of common stock were acquired at a price of $0.00 per share.
- These shares were obtained through the vesting of restricted stock units granted to Kirk Michael Konert, a member of Redwire Corp's board of directors.
- Following the transaction, AE Red Holdings, LLC beneficially owns 36,074,671 shares of Redwire Corp common stock indirectly.
- Kirk Michael Konert holds the reported securities for the benefit of AE Industrial Partners, LP and disclaims all right title and interest in such securities.
- Voting and dispositive power over these shares is exercised by Michael Greene and David H. Rowe, managing members of AeroEquity GP, LLC, the general partner of AE Industrial Partners Fund II GP, LP.
- AE Industrial Partners Fund II-B, LP, AE Industrial Partners Fund II, LP, and AE Industrial Partners Fund II-A, LP are the controlling equity holders of AE Red.
- The filing includes disclaimers of beneficial ownership by the reporting entities and individuals, except to the extent of their pecuniary interest.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports a change in beneficial ownership due to the vesting of restricted stock units. There are no explicit positive or negative implications.
Future Outlook
The restricted stock units will vest on May 23, 2025, subject to continued service through the vesting date.
Industry Context
This filing reflects changes in ownership by significant shareholders, which is a common occurrence and provides transparency to the market regarding the holdings of insiders and major investors in Redwire Corp.
Stakeholder Impact
- The change in beneficial ownership may be of interest to shareholders, providing insight into the holdings of major investors.
- The vesting of restricted stock units impacts Kirk Michael Konert, a board member, and AE Industrial Partners, LP.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Acquisition of 20,921 shares of common stock through vesting of restricted stock units. |
| 05/23/2025 | Vesting date of the restricted stock units granted to Kirk Michael Konert. |
| 05/28/2024 | Date of signature of the report by Alexander Schwartz, by Power of Attorney. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.