Bain Capital Credit Member, Llc - Sep 15, 2025 Form 4 Insider Report for Redwire Corp (RDW)

Role: 10%+ Owner
Signature: By: Bain Capital Credit Member, LLC, /s/ Adriana Rojas Garzon, Associate General Counsel, Capital Markets
Stock symbol: RDW
Transactions as of: Sep 15, 2025
Transactions value $: -$52,580,000
Form type: 4
Date filed: 9/17/2025, 04:19 PM
Previous filing: Jul 21, 2025
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
BAIN CAPITAL CREDIT MEMBER, LLC	10%+ Owner	200 CLARENDON STREET, BOSTON	By: Bain Capital Credit Member, LLC, /s/ Adriana Rojas Garzon, Associate General Counsel, Capital Markets	2025-09-17	0001309111
BCC Redwire Aggregator, L.P.	10%+ Owner	C/O BAIN CAPITAL CREDIT MEMBER, LLC, 200 CLARENDON STREET, BOSTON	By: BCC Redwire Aggregator, L.P., by Bain Capital Credit Member, LLC, its general partner, /s/ Adriana Rojas Garzon, Associate General Counsel, Capital Markets	2025-09-17	0001953825

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RDW	Common Stock	Conversion of derivative security	$33.6M	+11M		$3.05	11M	Sep 15, 2025	See footnote	F4
transaction	RDW	Common Stock	Sale	-$86.1M	-11M	-100%	$7.83	0	Sep 17, 2025	See footnote	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RDW	Series A Convertible Preferred Stock	Conversion of derivative security	$0	-31.7K	-52.66%	$0.00	28.5K	Sep 15, 2025	Common Stock	11M	$3.05	See footnote	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The number of shares of Series A Convertible Preferred Stock includes 1,830.57 shares received as paid-in-kind dividends since the Reporting Person's most recent filing in transactions exempt under Rule 16a9(a). The Series A Convertible Preferred Stock accrues dividends, payable in cash or, at the option of the Issuer, paid in kind, at a rate of 13% per annum if paid in cash or 15% per annum if paid in kind, subject to certain adjustments. The number of shares of Series A Convertible Preferred Stock held by the Reporting Person and the shares of Common Stock underlying such Series A Convertible Preferred Stock will increase for each dividend period in which the Issuer elects to pay dividends payable with respect to the Series A Convertible Preferred Stock as dividends paid in kind.
F2	The Series A Convertible Preferred Stock is convertible at any time, at the holder's election. The Series A Convertible Preferred Stock has no expiration date; however, the Issuer must offer to repurchase each outstanding share of Series A Convertible Preferred Stock in the event of a fundamental change and each share of Series A Convertible Preferred Stock will mandatorily convert into shares of Common Stock upon the satisfaction of certain conditions.
F3	The conversion price is subject to customary anti-dilution adjustments, including in the event of any stock split, stock dividend, recapitalization or similar events.
F4	The shares of Series A Convertible Preferred Stock are held directly by BCC Redwire Aggregator, L.P., a Delaware limited partnership ("BCCR"). Bain Capital Credit, Member, LLC, a Delaware limited liability company ("BCCM"), is the general partner of BCCR. As a result of the relationships described in this statement, BCCM may be deemed to possess indirect beneficial ownership of the shares of Common Stock held by BCCR. BCCM disclaims indirect beneficial ownership of the securities reported herein except to the extent of its pecuniary interest in such shares.