Form 4: Cadre Holdings CEO Warren Kanders Sells 100,000 Shares

Warren Kanders, CEO and Chairman of Cadre Holdings, sold 100,000 shares of common stock in two transactions on March 20 and 21, 2025.

Summary

• Warren Kanders, the CEO and Chairman of Cadre Holdings, sold 50,000 shares of common stock on March 20, 2025, at a weighted average price of $31.88 per share.
• He then sold another 50,000 shares on March 21, 2025, at a weighted average price of $30.98 per share.
• Following these transactions, Kanders directly owns 45,584 shares and indirectly owns 10,816,192 shares through Kanders SAF, LLC, 1,305,650 shares through Warren B. Kanders Roth IRA and 23,450 shares through Allison Kanders Roth IRA.
• Kanders disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The stock sale could potentially create short-term selling pressure on the stock price, impacting shareholders.
• The CEO's actions are always scrutinized by investors as a signal of confidence (or lack thereof) in the company's future prospects.

Key Dates

Keywords

Cadre Holdings, Warren Kanders, stock sale, Form 4, insider trading, CDRE, Kanders SAF, LLC, Allison Kanders Roth IRA, Warren B. Kanders Roth IRA