Form 4: Cadre CFO's RSU Vesting, Tax Withholding

Cadre Holdings CFO Blaine Browers saw 3,282 restricted stock units vest, with shares withheld for tax obligations.

Summary

• Blaine Browers, Chief Financial Officer of Cadre Holdings, Inc. (CDRE), reported a change in beneficial ownership.
• On March 18, 2026, 3,282 restricted stock units (RSUs) from the 2024 Restricted Stock Units Award vested and became non-forfeitable.
• The 2024 RSU Award originally covered 9,846 shares of Common Stock under the Issuer's 2021 Stock Incentive Plan.
• To satisfy tax withholding obligations incurred from the vesting, 1,292 shares of Common Stock were withheld by the Issuer at a price of $32.22 per share.
• Following these transactions, Blaine Browers beneficially owns 69,653 shares of Cadre Holdings, Inc. Common Stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting the planned execution of executive compensation and the executive's continued stake in the company, which generally indicates alignment of interests.

Positives

• The vesting of 3,282 restricted stock units represents a conversion of equity awards into actual shares for the CFO, aligning executive interests with shareholder value.

Negatives

• 1,292 shares were withheld by the Issuer to cover tax withholding obligations, resulting in a reduction of the net shares received by the CFO from the vesting event.

Future Outlook

The final tranche of 3,282 shares from the 2024 Restricted Stock Units Award is scheduled to vest and become non-forfeitable on March 18, 2027.

Industry Context

StockSavvy.ai notes that RSU vesting and subsequent tax withholding are routine events for executives in publicly traded companies, reflecting standard equity compensation practices designed to align management incentives with long-term shareholder value. This transaction is consistent with typical executive compensation structures in the industry.

Comparison to Industry Standards

• The vesting of restricted stock units and the withholding of shares for tax purposes are standard practices in executive compensation across various industries, including defense and security, where Cadre Holdings operates.
• This type of transaction is a common mechanism for delivering long-term incentive compensation, similar to practices observed at comparable companies such as Axon Enterprise (AXON) or Vista Outdoor (VSTO), which also utilize equity awards for their executives.

Stakeholder Impact

• Shareholders: The vesting and subsequent withholding of shares for tax purposes are part of a pre-approved equity compensation plan, which can lead to minor dilution but also reinforces executive alignment with company performance.
• Employees: This transaction demonstrates the execution of standard equity compensation practices, which can be a positive signal regarding the company's commitment to its incentive plans.

Next Steps

• The remaining 3,282 shares from the 2024 Restricted Stock Units Award are scheduled to vest on March 18, 2027.

Key Dates

Recommendation

This Form 4 filing details a routine vesting of restricted stock units and subsequent tax withholding for a key executive. Such transactions are standard components of executive compensation and do not typically indicate a change in the company's fundamental outlook or operational performance. Therefore, it provides no new information that would warrant a change in investment recommendation.

Keywords

Cadre Holdings, CDRE, Form 4, Insider Transaction, Restricted Stock Units, RSU, Stock Vesting, CFO, Blaine Browers, Equity Compensation