Form 4: Redwire Corp Director M. David Kornblatt Reports Acquisition of Restricted Stock Units

M. David Kornblatt, a director at Redwire Corp, reported the acquisition of 20,921 restricted stock units and the disposal of 109,510 shares of common stock on May 23, 2024.

Summary

• On May 23, 2024, M. David Kornblatt, a director of Redwire Corp, filed a Form 4 indicating changes in beneficial ownership.
• The report details the acquisition of 20,921 restricted stock units, which vest on May 23, 2025, contingent upon continued service to the issuer.
• The director also disposed of 109,510 shares of common stock.
• Following these transactions, Kornblatt beneficially owns 109,510 shares of Redwire Corp.
• A Power of Attorney was executed on May 22, 2024, granting certain individuals the authority to file Section 16 reports on Kornblatt's behalf.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The restricted stock units vest on May 23, 2025, contingent upon continued service to the issuer.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a company director.

Key Dates