Cannito Peter Anthony Jr 4
4 · Redwire Corp · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Redwire (RDW) CEO Peter Cannito Withholds 19,168 Shares for Taxes
What Happened
Peter Anthony Cannito Jr., Chairman & CEO of Redwire Corporation, had 19,168 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The shares were valued at $11.31 each, for a total of approximately $216,790, with the withholding recorded on July 3, 2026.
Key Details
- Transaction date: 2026-07-03; Filing date: 2026-07-07.
- Transaction type/code: Tax withholding on vesting (code F).
- Shares withheld/disposed: 19,168 at $11.31 each = $216,790. Footnote indicates $11.31 is the closing price on July 2, 2026.
- Shares owned after transaction: Not stated in this Form 4 (see the filing for full beneficial-ownership detail).
- Notable footnotes: F1 = shares mandatorily withheld for taxes on RSU vesting; F2 = closing price on 7/2/2026 used; F3 = filing notes 9,678 shares were acquired via the company ESPP (2,134 of those acquired since the last Section 16 filing).
- This was a withholding to cover taxes (not an open‑market sale or a new purchase).
Context
Tax-withholding dispositions like this are routine when RSUs vest and do not by themselves signal buying or selling intent in the market. For investors tracking insider activity, outright purchases are generally considered more informative than tax withholdings. Check the full Form 4 for Cannito’s total holdings and any other concurrent transactions.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.0001 per share
[F1][F2][F3]2026-07-03$11.31/sh−19,168$216,790→ 657,359 total
Footnotes (3)
- [F1]Represents shares mandatorily withheld for taxes due in connection with the vesting of restricted stock units.
- [F2]Represents the closing price on Thursday, July 2, 2026, the last trading day prior to the vesting date.
- [F3]Includes 9,678 shares acquired through Redwire Corporation's employee stock purchase plan, including 2,134 shares acquired subsequent to the date of the reporting person's last Section 16 filing.