🧾 What This Document Is

This is a definitive proxy statement (DEF 14A) for Redwire Corporation. It's an invitation and information packet for the company's 2026 Annual Meeting of Shareholders, which will be held virtually on May 20, 2026. The purpose is to give shareholders the info they need to vote on key company decisions.

👉 Why it matters: This document is your window into how the company is governed, who leads it, and how much they are paid. Your vote as a shareholder helps shape its future.

🏢 What The Company Does

In simple terms, Redwire is a space infrastructure company. They build critical technology and components for satellites, spacecraft, and other space-based systems, serving both government (like NASA and the Department of Defense) and commercial customers.

👉 Why it matters: As space becomes more commercialized, companies like Redwire are the "construction crews" and "engineers" building the essential hardware. Their performance is closely tied to government spending and the growth of the space economy.

🗳️ What You're Voting On

Shareholders will vote on five items at the virtual meeting. Here’s the breakdown:

Elect Directors: Choose three people to join the Board. The Board recommends voting FOR Reggie Brothers, Michael Greene, and Dorothy D. Hayes.
Ratify the Auditor: Approve KPMG LLP as the company's accountant for 2026. The Board recommends voting FOR this.
Approve Pay (Advisory): Give a non-binding "yes" or "no" on the compensation of top executives. The Board recommends voting FOR.
Set Pay Vote Frequency: Decide how often you want to vote on executive pay (every 1, 2, or 3 years). The Board recommends voting for "Every Year."
Other Business: Handle any other proper business that comes up.

👥 Meet the Leader & Board Nominees

Peter Cannito is the Chairman and CEO. He leads the company and is up for re-election in 2028.

The three Class II directors up for election this year are:

Reggie Brothers (Age 66): A veteran with 30 years in defense tech, former CEO of BigBear.ai, and ex-Under Secretary at Homeland Security.
Michael Greene (Age 64): Co-CEO of AE Industrial Partners, Redwire's major investor, focused on portfolio management.
Dorothy D. Hayes (Age 75): A financial expert with deep audit committee experience at companies like BigBear.ai and Intuit. The Board designated her as an "audit committee financial expert."

👉 Why it matters: The board provides oversight. These nominees bring expertise in space, defense, finance, and private equity—critical for steering a company in this industry.

💰 Executive Compensation Details

The filing details the 2025 pay for top executives. Most of their compensation is performance-based and tied to company stock, not just salary.

For example, CEO Peter Cannito's 2025 compensation totaled about $8.2 million, with the vast majority coming from stock awards that only pay out if certain performance goals are met. This aligns his interests with shareholders—his payoff depends on the stock doing well.

👉 Why it matters: This structure is meant to incentivize long-term growth. However, shareholders get a non-binding vote to signal if they think the pay packages are fair and effective.

⚖️ Big Picture: Strengths & Risks

👍 Strengths:

Strategic Position: Operates in the growing space infrastructure market with key government and commercial contracts.
Experienced Leadership: The board and management team have deep roots in aerospace, defense, and finance.
Governance: The company has independent board committees and has moved past its "controlled company" status, adhering to stricter NYSE governance rules.

⚠️ Risks:

Government Dependence: A significant portion of business relies on U.S. government contracts, which can be affected by policy and budget changes.
Financial Health: Like many growth companies, it has incurred significant losses and has debt. Its ability to manage this is crucial.
Integration & Execution: The company has grown through acquisitions (like Edge Autonomy). Successfully integrating these businesses is a key challenge.

🧠 The Analogy

Think of Redwire as a specialized construction company building the critical infrastructure for a new frontier (space). This proxy is like the annual meeting for the construction firm's owners (shareholders). You're reviewing the blueprints (board nominees), checking the lead engineer's (CEO's) pay structure to make sure it incentivizes building a sturdy skyscraper, and hiring the inspector (auditor) to ensure the books are clean. Your vote helps decide who holds the tools and how they get paid for the job.

🧩 Final Takeaway

Redwire is holding its annual shareholder meeting to elect directors and vote on pay and auditors. As a shareholder, you are deciding on the oversight and leadership incentives for a company building hardware in the high-stakes, high-potential space industry. The board is recommending votes that support the current management and governance strategy.

Redwire Corp — DEF 14A Filing