CDRE.NYSECadre Holdings, INC

Form 4: Cadre Holdings CEO Warren Kanders Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Warren Kanders, CEO and Chairman of Cadre Holdings, reports the vesting of restricted stock units and related tax withholding.

Summary

  • On March 13, 2024, Warren Kanders, CEO and Chairman of Cadre Holdings, had 11,453 restricted stock units vest.
  • The company withheld 3,219 shares to cover tax obligations at a price of $39.49 per share.
  • Following these transactions, Kanders directly owns 23,993 shares.
  • Kanders also indirectly owns 13,623,045 shares through Kanders SAF, LLC, 1,305,650 shares through Warren B. Kanders Roth IRA, and 23,450 shares through Allison Kanders Roth IRA.
  • Remaining restricted shares will vest on March 13, 2025 and March 13, 2026.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Future Outlook

The document outlines future vesting dates for remaining restricted stock units in 2025 and 2026.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for publicly traded companies. It provides transparency into the stock ownership of key executives.

Stakeholder Impact

  • The vesting of restricted stock units could have a minor dilutive effect on existing shareholders.

Key Dates

DateDescription
03/13/2023Date of original restricted stock units award grant.
03/13/2024Vesting date of 11,453 restricted stock units and tax withholding.
03/13/2025Next vesting date of 11,455 restricted stock units.
03/13/2026Final vesting date of 11,455 restricted stock units.
03/15/2024Date of Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.