Form 4: Cadre Holdings CEO Warren Kanders Sells 100,000 Shares
SEC Form 4 Filing
Warren Kanders, CEO and Chairman of Cadre Holdings, sold 100,000 shares of common stock at an average price of $34.86 on May 20, 2025.
Summary
- On May 20, 2025, Warren Kanders, the CEO and Chairman of Cadre Holdings, sold 100,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $34.86 per share, with individual transactions ranging from $34.52 to $35.36.
- Following the transaction, Kanders directly owns 45,584 shares and indirectly owns 10,716,192 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 the indirectly held securities except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sale. The impact depends on the market's interpretation of the insider's action.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives and major shareholders of publicly traded companies. The sale could be for personal financial planning reasons and may not necessarily reflect a negative outlook on the company's future.
Stakeholder Impact
- The stock sale could potentially influence shareholder sentiment, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of the stock sale transaction. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Cadre Holdings, Warren Kanders, stock sale, Form 4, insider trading, CDRE
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