Form 4: Cadre Holdings CEO Kanders Reports RSU Vesting, Tax Withholding

Cadre Holdings CEO Warren B. Kanders reported the vesting of restricted stock units and subsequent share withholding for tax obligations on March 18, 2026.

Summary

• Warren B. Kanders, CEO and Chairman of Cadre Holdings, Inc., reported transactions related to his beneficial ownership of common stock.
• On March 18, 2026, 11,180 restricted stock units (RSUs) from a 2024 award vested and became non-forfeitable.
• Following the vesting, 11,180 shares of common stock were acquired through the conversion of these RSUs.
• Concurrently, 4,400 shares of common stock were disposed of at a price of $32.22 per share to satisfy tax withholding obligations incurred from the RSU vesting.
• After these transactions, Mr. Kanders directly holds 22,888 shares of common stock and 11,180 restricted stock units.
• Indirect beneficial ownership includes 10,117,039 shares via Kanders SAF, LLC, 1,305,650 shares via Warren B. Kanders Roth IRA, and 23,450 shares via Allison Kanders Roth IRA.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It represents a routine, pre-scheduled compensation event for an insider and does not provide new information to alter the investment thesis for Cadre Holdings.

Positives

• The vesting of restricted stock units indicates the executive's continued compensation realization and alignment with shareholder interests.
• Mr. Kanders maintains a substantial beneficial ownership in Cadre Holdings, Inc., both directly and indirectly, demonstrating significant insider commitment.

Negatives

• A portion of shares (4,400) was sold to cover tax liabilities, which is a standard practice but results in a reduction of direct holdings.

Future Outlook

The remaining 11,180 shares from the 2024 Restricted Stock Units Award are scheduled to vest and become non-forfeitable on March 18, 2027.

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine insider transaction involving the vesting of restricted stock units and the subsequent sale of shares to cover tax obligations. Such transactions are common for executives receiving equity compensation and typically do not signal a change in company fundamentals or strategic direction.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine insider compensation event and does not reflect a change in company performance or strategy.
• Management: Realization of equity compensation as per the 2021 Stock Incentive Plan.

Next Steps

• The final tranche of 11,180 shares from the 2024 Restricted Stock Units Award is expected to vest on March 18, 2027.

Key Dates

Recommendation

This Form 4 filing details a standard, pre-scheduled insider transaction related to equity compensation. It does not introduce new material information regarding the company's operational performance, financial health, or strategic outlook that would warrant a change in investment recommendation. The transaction is routine and expected, thus a 'hold' recommendation is appropriate as it provides no new catalyst for a 'buy' or 'sell' decision.

Keywords

Cadre Holdings, CDRE, Warren B. Kanders, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Stock Ownership, Tax Withholding