Form 4: Redwire Corp CFO Jonathan Baliff Reports Tax-Related Stock Disposal

Jonathan Baliff, CFO of Redwire Corp, reports the disposal of 4,627 shares of common stock to cover tax obligations related to vesting restricted stock units on July 1, 2024.

Summary

• On July 1, 2024, Jonathan Baliff, the Chief Financial Officer of Redwire Corp, disposed of 4,627 shares of common stock.
• The transaction was executed to cover tax obligations associated with the vesting of restricted stock units.
• The shares were disposed of at a price of $6.94 per share.
• Following the transaction, Baliff directly owns 914,558 shares of Redwire Corp.
• Baliff has granted a Power of Attorney to Aaron Futch, James H. Romaker, Alex Schwartz and Robert Hayward to handle Section 16 reporting obligations.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes. It doesn't indicate a significant change in the executive's confidence in the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates