Form 4: Genesis Park II LP Sells Redwire Corp (RDW) Shares
SEC Form 4
Genesis Park II LP, a 10% owner and director of Redwire Corp, sold 6,683 shares of common stock at an average price of $22.5639 on February 7, 2025.
Summary
- On February 7, 2025, Genesis Park II LP sold 6,683 shares of Redwire Corp (RDW) common stock.
- The shares were sold at a weighted average price of $22.5639, with individual transactions ranging from $22.50 to $22.82 per share.
- Following the transaction, Genesis Park II LP directly owns 3,704,664 shares of Redwire Corp.
- Genesis Park II GP LLC, as the general partner of Genesis Park II LP, may be deemed to have shared beneficial ownership of these shares.
- The reporting persons have undertaken to provide full information regarding the number of shares sold at each separate price within the specified range upon request.
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
This transaction represents a change in ownership by a major shareholder, which is a common occurrence. The impact on Redwire Corp will depend on the market's interpretation of the sale and the overall investor sentiment towards the company.
Stakeholder Impact
- Shareholders may react to the news of the share sale, potentially impacting the stock price.
- The sale could influence investor confidence in Redwire Corp.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of transaction: Sale of Redwire Corp shares by Genesis Park II LP |
| 02/11/2025 | Date of signature for the Form 4 filing by Paul Hobby on behalf of Genesis Park II LP and Genesis Park II GP LLC |
Keywords
Redwire Corp, Genesis Park II LP, Share Sale, RDW, Beneficial Ownership, Form 4
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