Calvelli Frank 4
Research Summary
AI-generated summary
Redwire (RDW) Director Frank Calvelli Receives 9,772 RSUs
What Happened Frank Calvelli, a director of Redwire Corp (RDW), received an award of 9,772 restricted stock units (RSUs) on May 21, 2026. The grant is reported at $0.00 per share (standard for RSU awards) — the RSUs have no immediate cash cost to the reporting person and are not an open-market purchase or sale.
Key Details
- Transaction date: May 21, 2026; filing date: May 26, 2026 (file appears to be one business day late of the typical two-business-day Form 4 deadline).
- Award: 9,772 RSUs reported as acquired at $0.00 per share (total reported value $0 at grant).
- Vesting/footnote: The RSUs vest in full on May 21, 2027, subject to Calvelli’s continued service through the vesting date (footnote F1).
- Shares owned after transaction: Not specified in the reported Form 4.
Context This was an award grant (A) of RSUs, not a market purchase or sale. RSUs represent a promise to deliver shares in the future if vesting conditions are met; they do not indicate an immediate buy or sell of stock. Grants to directors are common as compensation and should be viewed as part of pay, not necessarily as a direct signal of near-term insider buying or selling.