Form 4: Cadre Holdings Director Nicolas Sokolow Sells $700,000 in Common Stock

Director Nicolas Sokolow of Cadre Holdings, Inc. reports the sale of 20,000 shares of common stock at an average price of $35.1015.

Summary

• On August 20, 2024, Nicolas Sokolow, a director of Cadre Holdings, Inc., sold 20,000 shares of common stock.
• The sale was executed at a weighted average price of $35.1015 per share.
• The total value of the shares sold is approximately $702,030.
• Following the transaction, Sokolow directly owns 62,347 shares.
• Sokolow also indirectly owns 487,620 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 the indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard disclosure of a stock sale by a company director. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a publicly traded company buy or sell the company's securities. This filing provides transparency into the transactions of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a problem with the company.

Key Dates