Redwire CEO Peter Cannito Withholds 25,369 Shares for Taxes

What Happened
Peter Anthony Cannito Jr., Redwire Corporation’s Chairman & CEO (also a director), had 25,369 shares withheld on July 11, 2026 to cover taxes related to the vesting of restricted stock units (RSUs). The withholding was reported as a disposition at an implied price of $10.18 per share, totaling approximately $258,256. This was a tax-withholding event (routine) rather than an open-market sale or a purchase.

Key Details

• Transaction date (Period of Report): July 11, 2026; Form 4 filed July 14, 2026 (filed within the two business-day window).
• Type/code: F — shares mandatorily withheld to satisfy tax withholding on RSU vesting (disposition).
• Shares withheld/disposed: 25,369 at $10.18 per share; total value ≈ $258,256.
• Price reference: $10.18 represents the closing price on July 10, 2026 (last trading day prior to vesting).
• Shares owned after transaction: not specified in the summary provided; filing notes include 9,678 shares acquired through the company’s employee stock purchase plan (ESPP).
• Footnotes: F1 indicates mandatory withholding for taxes on RSU vesting; F2 cites the closing price used; F3 notes inclusion of 9,678 ESPP shares in reported holdings.

Context
This was a routine tax-withholding disposition tied to RSU vesting, not an active sale in the market. Such withholdings are common and do not necessarily indicate a change in the insider’s view of the company. Purchases or open-market sales generally carry more informational weight for investors than withholding transactions.