Form 4: Cadre Holdings Director Nicolas Sokolow Sells 10,000 Shares

Director Nicolas Sokolow of Cadre Holdings, Inc. sold 10,000 shares of common stock at an average price of $32.2912 on June 3, 2024.

Summary

• On June 3, 2024, Nicolas Sokolow, a director of Cadre Holdings, Inc. (CDRE), sold 10,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $32.2912 per share, with individual transaction prices ranging from $32.00 to $32.72.
• Following the transaction, Sokolow directly owns 62,347 shares of Cadre Holdings, Inc.
• Sokolow also indirectly owns 577,620 shares through ST Investors Fund, LLC, 252,701 shares through Korsak Holdings, LLC, and 84,231 shares through Madetys Investments, LLC.
• Sokolow disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a director's stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although this is not guaranteed.

Key Dates