AE Industrial Affiliates Offload Over 2.8 Million Redwire Shares

The selling entities retain a controlling stake, highlighting a recalibration rather than a withdrawal.

February 04, 2026

Two Transaction Dates, One Clear Adjustment

AE Industrial Partners recently sold a portion of its Redwire position, shedding more than 2.8 million shares across two transactions. While that’s a notable move, AE Industrial continues to hold a controlling stake and remains actively involved at the board level.

The sales took place on January 30 and February 2, 2026. AE Red Holdings—the investment vehicle involved—sold 1,550,179 shares in the first transaction, followed by another 1,312,126 shares just a few days later. Average prices came in at $12.65 and $11.12 , respectively. In both cases, the trades were spread across multiple executions within those price ranges.

After the dust settled, AE Red Holdings still owned roughly 49.9 million Redwire shares. That makes this a rebalancing, not an exit. The position remains significant and points to an ongoing investment in Redwire’s long-term strategy.

A Network of Funds Behind the Move

The entities involved don’t operate in isolation. AE Red Holdings and Edge Autonomy Ultimate Holdings, both linked to AE Industrial, sit within a broader fund structure. The firms exercising voting and investment discretion—AE Industrial Partners Fund II-A, II-B, and II LP—work through a general partner structure that ultimately flows up to AeroEquity GP, LLC. At the helm are managing members Michael Greene and David Rowe.

These relationships clarify who’s steering the ship and how decisions are made across the various entities. Each person and entity named in the filing noted that they only claim beneficial ownership to the extent of their direct financial interest.

Board Involvement Continues

Even after the share reduction, AE Industrial’s presence on Redwire’s board isn’t changing. Michael Greene and David Rowe are both listed as directors, and their positions remain tied to their roles within AE Industrial. The filing also mentions that Kirk Michael Konert and Michael Robert Greene—both managing partners at AE Industrial—may be considered directors through deputization.

What This Signals

Selling shares doesn’t always mean stepping away. In this case, AE Industrial adjusted its stake while keeping its seat at the table. With nearly 50 million shares still in hand, the firm continues to shape Redwire’s direction and governance. It’s a move that reflects active portfolio management, not a loss of conviction.