Form 4: Cadre Holdings CFO Blaine Browers Reports Stock Transactions
SEC Form 4 Filing
Blaine Browers, CFO of Cadre Holdings, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 9, 2025, Blaine Browers, the CFO of Cadre Holdings, Inc., had 2,918 restricted stock units vest.
- The vesting occurred under the company's 2021 Stock Incentive Plan.
- Following the transaction, Browers directly owns 80,794 shares of common stock.
- 1,265 shares were withheld by the issuer to satisfy tax obligations at a price of $34.02 per share, resulting in a final direct ownership of 79,529 shares.
- The restricted stock units were part of an award granted on March 9, 2022, consisting of 8,755 restricted shares of common stock, vesting in three tranches.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock vesting and tax withholding, with no particularly positive or negative implications.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and are required by the SEC to provide transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| March 9, 2022 | Date of the restricted stock units award grant. |
| March 9, 2023 | First tranche of restricted shares vested (2,919 shares). |
| March 9, 2024 | Second tranche of restricted shares vested (2,918 shares). |
| March 9, 2025 | Third tranche of restricted shares vested (2,918 shares); tax withholding occurred. |
| March 11, 2025 | Date of the Form 4 filing. |
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