RDW.NYSERedwire CORP

Form 4: Genesis Park II LP Sells 16,717 Redwire Corp Shares

Sentiment:

SEC Form 4 Filing


Genesis Park II LP sold 16,717 shares of Redwire Corp common stock at a weighted average price of $15.0063 per share.

Summary

  • Genesis Park II LP, a significant shareholder of Redwire Corp, sold 16,717 shares of common stock on December 2, 2024.
  • The shares were sold at a weighted average price of $15.0063 per share, with individual transaction prices ranging from $15 to $15.1475.
  • Following the transaction, Genesis Park II LP directly holds 4,693,297 shares of Redwire Corp.
  • Genesis Park II GP LLC, as the general partner of Genesis Park II LP, has shared beneficial ownership of these shares.

Sentiment

Score: 5

Explanation: The document is a routine filing of a stock sale by a major shareholder, which is neither positive nor negative in itself. It is a neutral event.

Industry Context

This transaction represents a change in ownership by a significant shareholder, which is a common occurrence in the public markets. It does not appear to be related to any specific industry trend or competitor activity.

Comparison to Industry Standards

  • Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and large shareholders in publicly traded companies.
  • The sale of shares by Genesis Park II LP is a typical transaction for a large shareholder and does not appear to be unusual compared to similar transactions by other investment firms.

Stakeholder Impact

  • The sale of shares by Genesis Park II LP may have a minor impact on the stock price, but it is unlikely to have a significant impact on other stakeholders.

Key Dates

DateDescription
12/02/2024Date of the stock sale transaction.
12/04/2024Date the Form 4 was signed.

Keywords

Redwire Corp, Genesis Park II LP, share sale, beneficial ownership, stock transaction, Form 4

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