secwatch.observer — SEC 8-K summary
======================================

Issuer:     Redwire Corp (RDW)
CIK:        0001819810
Form:       8-K/A
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001819810-22-000163
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Redwire President Andrew Rush to depart Dec 9; CEO Peter Cannito assumes role
-----------------------------------------------------------------------------

- Andrew Rush, President and COO, to leave Redwire effective Dec 9, 2022; role absorbed by Chairman/CEO Peter Cannito.
- Separation agreement provides $381,750 severance paid over 12 months plus pro-rated 2022 bonus.
- Unvested RSUs (76,350 from 2021, 38,175 from 2022) and options (152,700 from 2021, 76,350 from 2022) continue to vest through severance period.
- 297,000 Tranche II Class P Units in AE Red Holdings will also continue vesting without employment requirement.
- Reaffirms restrictive covenants; Rush will provide consulting as needed for no extra consideration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819810/000181981022000163/0001819810-22-000163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819810/000181981022000163/rdw-20221120.htm
  HTML page:      https://secwatch.observer/filing/0001819810-22-000163

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer