Redwire Corp 8-K

What Happened

• Redwire Corporation (RDW) held its 2026 Annual Meeting of Shareholders on May 20, 2026 (record date March 27, 2026) and filed an 8-K reporting the voting results. Shareholders elected three Class II directors (Reggie Brothers, Michael Greene, Dorothy D. Hayes), ratified KPMG LLP as the independent auditor for 2026, approved executive compensation in a non-binding vote, and voted to hold future advisory votes on executive pay annually.
• Separately, on May 18, 2026 AE Industrial Partners (AEI) notified the company it would voluntarily convert all remaining 46,505.13 shares of Series A Convertible Preferred Stock into common stock. Those preferred shares converted into 15,247,586 shares of Redwire common stock; the company paid a cash dividend for accrued and unpaid dividends and, after conversion, no Series A Convertible Preferred Stock remains outstanding.

Key Details

• Record date common shares outstanding (Mar 27, 2026): 198,918,728 common shares; 46,505.13 Series A preferred shares outstanding (as-converted voting power: 16,067,291 votes).
• Shareholders present (in person or by proxy): holders of 133,710,048 shares (common + preferred on an as-converted basis), constituting a quorum.
• Director election vote totals (For / Withheld / Broker non-votes):
  • Reggie Brothers: 63,464,299 For, 29,398,692 Withheld, 40,847,057 Broker non-votes.
  • Michael Greene: 92,212,542 For, 650,449 Withheld, 40,847,057 Broker non-votes.
  • Dorothy D. Hayes: 89,744,518 For, 3,118,473 Withheld, 40,847,057 Broker non-votes.
• Auditor ratification: KPMG LLP ratified (133,188,519 For; 325,880 Against; 195,649 Abstentions).
• Advisory votes:
  • Named executive officer compensation: 87,463,323 For; 5,166,740 Against; 232,928 Abstentions.
  • Frequency of advisory vote on pay: shareholders chose every year (92,046,434 votes for 1 year).
• AEI conversion: 46,505.13 Series A shares → 15,247,586 common shares; preferred class now fully converted and eliminated; conversion was based on accrued value (initial conversion price was $3.05 at issuance in Q4 2022).

Why It Matters

• Governance: The election results and ratification of KPMG confirm the board composition and auditor for 2026; advisory approval of executive pay and an annual frequency gives the board clear shareholder direction on compensation matters (non-binding, but considered by the board).
• Capital structure: AEI’s conversion adds 15,247,586 common shares to the outstanding base (bringing common shares from 198,918,728 to approximately 214,166,314 post-conversion), eliminates the Series A preferred class, and simplifies the cap table. That increase in common shares can affect ownership percentages and per-share metrics for investors.
• Financial/ cash impact: Redwire paid accrued dividends in cash related to the converted preferred shares; investors should monitor future filings for any related disclosures to dilution, share counts, and impacts on EPS or other per-share measures.