Form 4: Genesis Park II LP Sells Redwire Corp (RDW) Shares in Multiple Transactions

Genesis Park II LP, a 10% owner of Redwire Corp, sold 172,415 shares of common stock in two days, reducing its holdings to 4,322,853 shares.

Summary

• Genesis Park II LP, identified as a 10% owner of Redwire Corp (RDW), filed a Form 4 detailing changes in beneficial ownership.
• On January 3, 2025, Genesis Park II LP sold 72,415 shares of Redwire Corp common stock at a weighted average price of $17.8966 per share.
• These shares were sold in multiple transactions with prices ranging from $17.11 to $18.49 per share.
• On January 6, 2025, the entity sold an additional 100,000 shares at a weighted average price of $18.0184 per share.
• These shares were sold in multiple transactions with prices ranging from $17.46 to $18.53 per share.
• Following these transactions, Genesis Park II LP directly owns 4,322,853 shares of Redwire Corp common stock.
• Genesis Park II GP LLC, as the general partner of Genesis Park II LP, holds voting and investment discretion over these shares and may be deemed to have shared beneficial ownership.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a sale of shares. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could influence sentiment.

Industry Context

This filing indicates a change in ownership stake by a major shareholder, which is a common occurrence in publicly traded companies. The market may interpret this as a signal, depending on the size and reason for the sale.

Stakeholder Impact

• Shareholders may react to the news of a large shareholder selling shares.
• The sale could potentially impact the stock price in the short term.

Key Dates