AE RED Holdings LLC sells 15,247,586 RDW shares across 2 transactions for $209,584,304.60 (~$13.75 blended avg) amid stock's +71.9% 90-day surge
AE RED Holdings, LLC (Director) executed 2 separate sales totaling 15,247,586 shares for $209,584,304.60 at a blended average price of $13.75 — representing a -99.2% reduction in pre-transaction non-derivative holdings of 15,376,026 shares, leaving 128,440 shares in Table I post-transaction. Importantly, this filing carries a derivative-conversion flag, meaning the insider's real position resides in derivative securities (Table II) not yet populated in the database, so this should not be read as a disposal of the insider's full stake. The sales occurred against a backdrop of sharp recent price appreciation — RDW shares are up +44.8% over 30 days and +71.9% over 90 days — with the stock currently at $14.78, though the two transactions were executed at $14.50 and $13.30 respectively. AE RED Holdings' cross-ticker sell track record shows a 90d well-timed rate of 15.00% across 20 prior sells, and all 5 prior RDW-specific sells were followed by positive 90-day returns, a pattern investors may wish to monitor in context of the company's $-76,502,000.00 net income in its latest quarter.