Form 4: Genesis Park II LP Sells 15,364 Shares of Redwire Corp (RDW)

Genesis Park II LP, a 10% owner of Redwire Corp, sold 15,364 shares of common stock at an average price of $17.6728 on January 7, 2025.

Summary

• Genesis Park II LP, identified as a 10% owner of Redwire Corp (RDW), filed a Form 4 disclosing a sale of Redwire Corp common stock.
• On January 7, 2025, Genesis Park II LP sold 15,364 shares of common stock.
• The shares were sold at a weighted average price of $17.6728, with individual transaction prices ranging from $17.01 to $18.12 per share.
• Following the transaction, Genesis Park II LP directly owns 4,307,489 shares of Redwire Corp.
• Genesis Park II GP LLC, as the general partner of Genesis Park II LP, shares beneficial ownership of these securities.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. The sale of shares by a major holder could be interpreted negatively, but without further context, it's a routine disclosure.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell the company's stock. This filing indicates a change in ownership by a major shareholder, Genesis Park II LP.

Stakeholder Impact

• The sale of shares by a significant shareholder like Genesis Park II LP could potentially influence investor sentiment and, consequently, the stock price of Redwire Corp.

Key Dates