Form 4: Genesis Park II LP Sells Shares and Warrants in Redwire Corp (RDW)
SEC Form 4
Genesis Park II LP, a 10% owner of Redwire Corp, recently sold shares and warrants of the company, as indicated in a Form 4 filing with the SEC.
Summary
- Genesis Park II LP, a 10% owner of Redwire Corp, has reported the sale of common stock and warrants.
- On February 14, 2025, 42,449 shares of common stock were sold at a weighted average price of $24.2177 per share, with prices ranging from $24.00 to $24.50.
- Following this transaction, Genesis Park II LP directly owns 3,662,215 shares.
- On February 18, 2025, an additional 7,534 shares were sold at a weighted average price of $25.2068 per share, with prices ranging from $25.00 to $25.55.
- After this sale, the direct ownership of common stock is 3,654,681 shares.
- Also on February 18, 2025, 2,199 warrants were sold at a weighted average price of $13.3714, with prices ranging from $13.00 to $13.92 per warrant.
- Following the sale of warrants, Genesis Park II LP directly owns 320,243 warrants.
- Genesis Park II GP LLC, as the general partner of Genesis Park II LP, has voting and investment discretion over these securities and may be deemed to have shared beneficial ownership.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating transactions by a major shareholder. The sentiment is neutral as it simply reports facts without expressing opinions or forward-looking statements.
Industry Context
The filing indicates activity by a major shareholder, Genesis Park II LP, in Redwire Corp, which could be of interest to investors monitoring significant ownership changes. It is typical for large shareholders to periodically adjust their holdings.
Stakeholder Impact
- The sale of shares and warrants by Genesis Park II LP may have a short-term impact on the stock price of Redwire Corp.
- Shareholders may react to the news of a significant holder reducing their position.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Sale of 42,449 shares of common stock at a weighted average price of $24.2177. |
| 02/18/2025 | Sale of 7,534 shares of common stock at a weighted average price of $25.2068 and sale of 2,199 warrants at a weighted average price of $13.3714. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
| 09/02/2026 | Public Warrants will expire at 5:00 p.m., New York city time, or earlier upon redemption or liquidation. |
Keywords
Redwire Corp, Genesis Park II LP, Form 4, Share Sale, Warrant Sale, RDW, Beneficial Ownership, Securities Transaction
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