4/A: Cadre Holdings CFO Blaine Browers Corrects Stock Option and RSU Grant Details in Amended SEC Filing
SEC Form 4/A
Blaine Browers, CFO of Cadre Holdings, files an amended SEC Form 4 to correct the number of stock options and restricted stock units (RSUs) granted on March 13, 2025.
Summary
- Blaine Browers, the CFO of Cadre Holdings, filed an amended Form 4 with the SEC on April 24, 2025.
- The amendment corrects the number of stock options and restricted stock units (RSUs) granted on March 13, 2025, which were initially reported in a previous filing on March 17, 2025.
- The corrected filing shows that Browers was granted options to purchase 40,304 shares of Cadre Holdings' common stock at an exercise price of $33.85.
- These options vest in three tranches: 13,434 shares on March 13, 2026, 13,435 shares on March 13, 2027, and 13,435 shares on March 13, 2028.
- Browers also received 12,925 restricted stock units (RSUs), which will vest in three tranches: 4,309 shares on March 13, 2026, 4,308 shares on March 13, 2027, and 4,308 shares on March 13, 2028.
Sentiment
Score: 7
Explanation: The sentiment is neutral. It's a routine correction of a filing, indicating standard corporate governance procedures are being followed.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as officers and directors. Amendments are sometimes necessary to correct errors in previous filings.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of the original transaction (grant of stock options and RSUs). |
| 03/17/2025 | Date of the original Form 4 filing. |
| 03/13/2026 | First vesting date for a portion of the stock options (13,434 shares) and RSUs (4,309 shares). |
| 03/13/2027 | Second vesting date for a portion of the stock options (13,435 shares) and RSUs (4,308 shares). |
| 03/13/2028 | Third vesting date for a portion of the stock options (13,435 shares) and RSUs (4,308 shares). |
| 03/13/2035 | Expiration date for the stock options. |
| 04/24/2025 | Date of the amended Form 4/A filing. |
Keywords
Form 4, Cadre Holdings, Blaine Browers, CFO, Stock Options, Restricted Stock Units, RSUs, SEC Filing, Amendment, Vesting
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