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Large RDW holder plans 899,425-share Rule 144 sale filing details

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder has filed a Rule 144 notice to sell 899,425 shares of common stock through Merrill Lynch on the NYSE, with an approximate sale date of 01/14/2026. The filing cites an aggregate market value of $9,120,169.50 for these shares and notes that 165,150,783 shares of this class were outstanding.

The shares to be sold were acquired from the issuer in a private placement on 12/29/2021 and paid for in cash. The notice also lists multiple sales of common stock during early January 2026 by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, including share amounts and gross proceeds for each trade. The signing shareholder represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

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Negative

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Insights

Routine Rule 144 notice for a sizable, but not thesis-changing, planned share sale.

This filing discloses a planned sale of $9,120,169.50 in value, covering 899,425 common shares to be sold through Merrill Lynch on the NYSE. The shares were originally acquired directly from the issuer via a private placement on 12/29/2021 and fully paid in cash, which is consistent with typical Rule 144 resale mechanics for restricted securities.

The document also itemizes several recent sales in early January 2026 by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, each with stated share amounts and gross proceeds. Such disclosure helps quantify recent selling activity by these holders but does not, by itself, indicate any change in the issuer’s business fundamentals. Overall, this appears to be an administrative step to comply with resale requirements rather than a transformative event.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the RDW Rule 144 filing disclose about planned share sales?

The filing discloses a planned sale of 899,425 shares of common stock under Rule 144, with an aggregate market value of $9,120,169.50, to be executed through Merrill Lynch on the NYSE around 01/14/2026.

How and when were the RDW shares being sold under Rule 144 originally acquired?

The 899,425 common shares to be sold were acquired from the issuer in a private placement on 12/29/2021, with the purchase price paid entirely in cash on the same date.

How many RDW shares of this class are outstanding according to the filing?

The filing states that 165,150,783 shares of the relevant class of common stock were outstanding at the time referenced, providing context for the 899,425 shares covered by the notice.

What recent RDW share sales are listed for the past three months?

The document lists multiple common stock sales during early January 2026 by AE Red Holdings, LLC and Edge Autonomy Ultimate Holdings, LP, each entry specifying the trade date, number of shares sold, and gross proceeds.

What representation does the RDW selling shareholder make in the Rule 144 notice?

By signing, the shareholder represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, and acknowledges that intentional misstatements can constitute federal criminal violations.

Is the RDW Rule 144 filing linked to a trading plan under Rule 10b5-1?

The form explains that if the selling person has adopted a written trading plan or given trading instructions under Rule 10b5-1, then by signing they make their representation as of the plan adoption or instruction date, though specific plan details are not provided in the excerpt.