Form 4: Cadre CFO Blaine Browers Reports RSU Vesting
Insider Transaction Report
Cadre Holdings, Inc.'s Chief Financial Officer, Blaine Browers, reported the vesting of restricted stock units and associated tax withholdings on March 13, 2026.
Summary
- Blaine Browers, Chief Financial Officer of Cadre Holdings, Inc., reported transactions related to the vesting of Restricted Stock Units (RSUs).
- On March 13, 2026, 3,393 shares of Common Stock vested from a 2023 RSU award under the Issuer's 2021 Stock Incentive Plan.
- Concurrently, 1,336 shares of Common Stock were disposed of at $31.65 per share to cover tax withholding obligations for the 2023 RSU vesting.
- Also on March 13, 2026, 4,309 shares of Common Stock vested from a 2025 RSU award under the same plan.
- An additional 1,845 shares of Common Stock were disposed of at $31.65 per share to satisfy tax withholding obligations for the 2025 RSU vesting.
- Following these transactions, Mr. Browers directly beneficially owns 67,663 shares of Common Stock.
- The 2023 RSU award originally covered 10,177 shares, with portions vesting on March 13, 2024, March 13, 2025, and March 13, 2026.
- The 2025 RSU award originally covered 12,925 shares, with 4,309 shares vesting on March 13, 2026, and future vestings scheduled for March 13, 2027, and March 13, 2028.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the routine execution of executive compensation plans and the CFO's continued accumulation of shares, albeit with some tax-related disposals. It signals stability in compensation structure.
Positives
- The vesting of Restricted Stock Units represents a scheduled compensation event for the Chief Financial Officer, indicating continued alignment of management incentives with shareholder interests.
- The acquisition of 7,702 shares (3,393 from 2023 RSU + 4,309 from 2025 RSU) through RSU vesting increases the CFO's direct beneficial ownership, demonstrating ongoing commitment to the company.
Negatives
- A total of 3,181 shares (1,336 + 1,845) were disposed of to cover tax withholding obligations, which is a routine event but reduces the direct share count.
Future Outlook
The filing indicates future vesting events for the 2025 Restricted Stock Units Award, with 4,308 shares scheduled to vest on March 13, 2027, and another 4,308 shares on March 13, 2028, reflecting a pre-determined compensation schedule.
Industry Context
StockSavvy.ai notes that the vesting of restricted stock units and subsequent tax-related share disposals are standard practices in executive compensation across various industries. This filing reflects a routine, pre-scheduled event under Cadre Holdings' 2021 Stock Incentive Plan, aligning with common corporate governance practices for incentivizing key personnel.
Related Party Transactions
- The vesting of Restricted Stock Units and subsequent share disposals for tax purposes by the Chief Financial Officer are considered related party transactions as they involve an insider and the company's equity.
Stakeholder Impact
- Shareholders: The vesting and retention of shares by the CFO can be seen as a positive signal of management's alignment with shareholder interests. The slight dilution from new shares is offset by the incentive structure.
- Employees: This filing demonstrates the company's commitment to its executive compensation plans, which can positively influence employee morale and retention, particularly for those participating in similar equity incentive programs.
Next Steps
- Scheduled vesting of 4,308 shares from the 2025 Restricted Stock Units Award on March 13, 2027.
- Scheduled vesting of 4,308 shares from the 2025 Restricted Stock Units Award on March 13, 2028.
Key Dates
| Date | Description |
|---|---|
| 03/13/2023 | Grant date of the 2023 Restricted Stock Units Award. |
| 03/13/2024 | Vesting date for 3,391 shares from the 2023 Restricted Stock Units Award. |
| 03/13/2025 | Grant date of the 2025 Restricted Stock Units Award and vesting date for 3,393 shares from the 2023 Restricted Stock Units Award. |
| 03/13/2026 | Vesting date for 3,393 shares from the 2023 Restricted Stock Units Award and 4,309 shares from the 2025 Restricted Stock Units Award. Also, the date of associated tax withholding share disposals. |
| 03/17/2026 | Date the Form 4 was signed by Blaine Browers. |
| 03/13/2027 | Scheduled vesting date for 4,308 shares from the 2025 Restricted Stock Units Award. |
| 03/13/2028 | Scheduled vesting date for 4,308 shares from the 2025 Restricted Stock Units Award. |
Keywords
Cadre Holdings, CDRE, Blaine Browers, Chief Financial Officer, Form 4, SEC Filing, Insider Transaction, Restricted Stock Units, RSU Vesting, Stock Compensation, Tax Withholding
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