Director AE RED Holdings divests 15,247,586 shares (-99.2%) in 2 sales for $209,584,304.60; post-transaction holdings shrink to 128,440 shares
AE RED Holdings, LLC (Director) executed two separate sales on 2026-05-18 totaling 15,247,586 shares for $209,584,304.60 at a blended average price of $13.75, reducing holdings from 15.38M shares to 128.4K shares (a -99.2% reduction in position size). The near-complete liquidation is structurally significant: the filer retains minimal equity ownership post-transaction. In the same-ticker context, the prior 5 sales at RDW occurred consecutively over 2026-04-13 to 2026-04-17, showing a pattern of recent recurring dispositions. At the macro level, the company generated quarterly revenue of $97.0M but reported net income of $-76.5M (unprofitable), despite 10.3% annual revenue growth. The current stock price of $14.78 is -33.6% from its 52-week high of $22.25, though it has recovered +44.8% over the past 30 days and +71.9% over 90 days; the transaction prices of $14.50 and $13.30 sit within the recent recovery trajectory but well below the 52-week peak.