AE INDUSTRIAL PARTNERS FUND II, LP 4
4 · Redwire Corp · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Redwire (RDW) AE Red Holdings Director Exercises Warrants, Sells Shares
What Happened
- AE Red Holdings, LLC (reported as a director) exercised warrants to purchase 2,000,000 shares of Redwire (RDW) common stock on June 11, 2026 at an $11.50 exercise price (aggregate $23,000,000). The exercise was done on a cashless basis: the company withheld 1,070,565 of the warrant shares to cover the exercise cost and issued the reporting person the remaining 929,435 shares.
- On the same day, 1,070,565 shares were sold at $21.48 per share for proceeds of $23,000,018. The filing also lists the derivative instrument (the warrants) as disposed in connection with the exercise.
Key Details
- Transaction date: June 11, 2026; Form 4 filed June 12, 2026 (timely filing).
- Exercise price: $11.50 per share for 2,000,000 shares (total exercise value $23,000,000).
- Sale: 1,070,565 shares sold at $21.48 each (proceeds $23,000,018).
- Net shares issued to AE Red after cashless exercise: 929,435 shares.
- Footnotes: cashless withholding used to pay exercise price (issuer withheld shares); voting/dispositive power over AE Red securities is exercised by Michael Greene and David H. Rowe via affiliated AE Industrial Partners entities; standard disclaimer of beneficial ownership included.
- Warrants expiration: five years after the issuer's business combination (subject to warrant agreement exceptions).
Context
- This was an exercise of in-the-money warrants followed by a share sale to cover the exercise cost — a common cashless-exercise mechanic rather than an outright market purchase or opportunistic sale of existing holdings.
- The reporting entity is an institutional/partnership-controlled holder (AE Red / AE Funds), not an individual CEO; the filing notes which AE Industrial Partners principals control voting/dispositive power.
Insider Transaction Report
Form 4
Redwire CorpRDW
AE RED HOLDINGS, LLC
Director
Transactions
- Exercise of In-Money
Common Stock, par value $0.0001 per share
[F2][F3]2026-06-11$11.50/sh+2,000,000$23,000,000→ 2,147,984 total(indirect: See footnotes) - Sale
Common Stock, par value $0.0001 per share
[F1][F2][F3]2026-06-11$21.48/sh−1,070,565$23,000,018→ 1,077,419 total(indirect: See footnotes) - Exercise of In-Money
Warrants
[F4][F2][F3]2026-06-11−2,000,000→ 0 total(indirect: See footnotes)Exercise: $11.50→ Common Stock, par value $0.0001 per share (2,000,000 underlying)
Footnotes (4)
- [F1]On June 11, 2026, the reporting person exercised warrants to purchase 2,000,000 shares of the Issuer's common stock for $11.50 a share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer withholding 1,070,565 of the warrant shares to pay the exercise price and issuing the reporting person the remaining 929,435 shares.
- [F2]Voting and dispositive power with respect to the securities held by AE Red Holdings, LLC ("AE Red") and the AE Funds (as defined below) is exercised by Michael Greene and David H. Rowe, the managing members of AeroEquity GP, LLC, which is the general partner of AE Industrial Partners Fund II GP, LP ("AE Fund II GP"). AE Fund II GP is the general partner of the AE Funds (as defined below). AE Industrial Partners Fund II-B, LP ("AE Fund II-B"), AE Industrial Partners Fund II, LP ("AE Fund II LP") and AE Industrial Partners Fund II-A, LP ("AE Fund II-A" and together with AE Fund II-B and AE Fund II LP, the "AE Funds") are the controlling equityholders of AE Red.
- [F3]Each of the foregoing entities and individuals disclaims beneficial ownership of the shares reported hereby, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]The warrants will expire five years after the date of the Issuer's business combination (subject to certain exceptions provided by the governing warrant agreement).
Signature
/s/ Alexander M. Schwartz by Power of Attorney|2026-06-12