SCHEDULE: Redwire Corp Major Holders Update Ownership, PIK Dividends
Beneficial Ownership Update
Major shareholders of Redwire Corp, including AE Red Holdings and AE Industrial Partners, updated their beneficial ownership stakes, reflecting recent paid-in-kind dividends on Series A Convertible Preferred Stock.
Summary
- Reporting persons filed Amendment No. 9 to their Schedule 13D, updating beneficial ownership in Redwire Corp.
- The amendment primarily reflects the issuance of paid-in-kind (PIK) dividends on the Issuer's Series A Convertible Preferred Stock.
- As of October 31, 2025, Redwire Corp had 165,150,783 shares of Common Stock outstanding.
- The total assumed outstanding shares for percentage calculation is 182,398,369, including 2,000,000 shares from warrants and 15,247,586 shares from Series A Preferred conversion.
- Michael Robert Greene and David H. Rowe collectively beneficially own 102,741,882 shares, representing 56.3% of the Issuer's Common Stock.
- On November 3, 2025, 3,311.52 shares of Series A Preferred Stock were issued as PIK Dividends to the reporting persons.
- No transactions by the reporting persons in Common Stock occurred during the past 60 days.
Sentiment
Score: 5
Explanation: This is a neutral, factual filing reporting changes in beneficial ownership due to routine dividend payments. It contains no positive or negative operational news.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership changes, primarily due to dividend payments in kind, and does not provide information to assess broader industry trends or competitive positioning.
Related Party Transactions
- The issuance of PIK dividends to the reporting persons, who are significant shareholders and affiliates, constitutes a related party transaction.
Stakeholder Impact
- Shareholders: The issuance of PIK dividends increases the number of shares potentially convertible into common stock, which could lead to dilution for existing common shareholders upon conversion. The increased beneficial ownership by key investors may signal continued commitment.
Key Dates
| Date | Description |
|---|---|
| 2021-09-02 | Initial Schedule 13D filed. |
| 2022-10-05 | Amendment No. 1 to Schedule 13D filed. |
| 2022-11-10 | Amendment No. 2 to Schedule 13D filed. |
| 2023-05-23 | Amendment No. 3 to Schedule 13D filed. |
| 2023-09-01 | Amendment No. 4 to Schedule 13D filed. |
| 2025-01-21 | Amendment No. 5 to Schedule 13D filed. |
| 2025-06-05 | Amendment No. 6 to Schedule 13D filed. |
| 2025-06-10 | Amendment No. 7 to Schedule 13D filed. |
| 2025-06-13 | Shares of Common Stock issued in accordance with the Amended Merger Agreement to Edge Autonomy Ultimate Holdings, LP. |
| 2025-06-17 | Amendment No. 8 to Schedule 13D filed; Joint Filing Agreement dated. |
| 2025-09-30 | End of fiscal quarter for which Issuer's most recent Form 10-Q was filed. |
| 2025-10-31 | Shares of Common Stock issued and outstanding as reported on Issuer's most recent Form 10-Q. |
| 2025-11-03 | Company issued 3,311.52 shares of Series A Preferred Stock as PIK Dividends to Reporting Persons. |
| 2025-11-06 | Date of event requiring filing of this statement; Issuer's most recent Form 10-Q filed. |
| 2025-11-10 | Date of filing of Amendment No. 9 to Schedule 13D. |
Recommendation
holdThis Schedule 13D amendment is a routine disclosure of changes in beneficial ownership, primarily driven by paid-in-kind dividends on Series A Convertible Preferred Stock. It does not contain new operational or financial information that would warrant a change in investment thesis. The increased beneficial ownership by existing major holders, while increasing potential future dilution, does not fundamentally alter the company's prospects based on this filing alone. Therefore, a 'hold' recommendation is appropriate as investors should await more substantive operational or financial updates.
Keywords
Redwire Corp, Schedule 13D, Beneficial Ownership, Common Stock, Series A Convertible Preferred Stock, PIK Dividend, AE Industrial Partners, SEC Filing
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