Form 4: Cadre Holdings CEO Warren Kanders Sells Shares in Multiple Transactions

Cadre Holdings CEO Warren Kanders sold 50,000 shares of common stock in two separate transactions on December 9th and 10th, 2024.

Summary

• Warren Kanders, CEO and Chairman of Cadre Holdings, sold 25,000 shares of common stock on December 9, 2024, at a weighted average price of $35.49 per share.
• He sold an additional 25,000 shares on December 10, 2024, at a weighted average price of $35.05 per share.
• The shares were sold in multiple transactions within price ranges of $35.26-$35.90 on December 9th and $35.00-$35.35 on December 10th.
• Following these transactions, Kanders indirectly owns 11,457,211 shares through Kanders SAF, LLC.
• He also indirectly owns 1,305,650 shares through his Roth IRA and 23,450 shares through his spouse's 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 insider trading activity, with no indication of positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common when company insiders sell shares. It does not indicate any specific industry trend but is a standard disclosure.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for publicly traded companies when insiders trade shares.
• The transactions are similar to those of other executives who sell shares for personal financial management.
• The price ranges are within normal market fluctuations for the stock.

Stakeholder Impact

• The share sales by the CEO could have a minor impact on the stock price, but this is a common occurrence.
• The sales do not indicate any change in the company's operations or strategy.

Key Dates

Keywords

Cadre Holdings, Warren Kanders, stock sale, insider trading, common stock, SEC Form 4, Kanders SAF, LLC