Form 4: Cadre Holdings CFO Sells 30,000 Shares in Open Market Transaction
SEC Form 4 Filing
Cadre Holdings' Chief Financial Officer, Blaine Browers, sold 30,000 shares of common stock at an average price of $34.0568 per share.
Summary
- Blaine Browers, the Chief Financial Officer of Cadre Holdings, Inc., sold 30,000 shares of the company's common stock on November 12, 2024.
- The shares were sold at a weighted average price of $34.0568 per share.
- The sale was executed in multiple transactions with prices ranging from $33.69 to $35.00.
- Following the transaction, Mr. Browers directly owns 77,876 shares of Cadre Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of an insider stock sale, which is a routine event. There is no indication of positive or negative sentiment.
Risks
- Insider selling can sometimes be perceived negatively by the market, potentially impacting the stock price.
Industry Context
Insider trading activity is a common occurrence in publicly traded companies, and this transaction is a routine disclosure of such activity. It is important to monitor insider transactions as they can provide insights into management's perspective on the company's value.
Comparison to Industry Standards
- Insider sales are a normal part of executive compensation and portfolio management.
- The sale by Blaine Browers is similar to other executive stock sales in comparable companies.
- It is common for executives to sell shares for personal financial planning reasons.
Stakeholder Impact
- The sale may have a minor impact on shareholder sentiment, but it is a routine transaction.
- The sale does not directly impact employees, customers, or suppliers.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | Date of the stock sale transaction. |
| 11/13/2024 | Date of the SEC Form 4 filing. |
Keywords
Cadre Holdings, insider trading, stock sale, Blaine Browers, CFO, common stock, SEC Form 4
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