4/A: Cadre Holdings Executive Brad Williams Corrects Stock Option and RSU Grant Details in Amended SEC Filing
SEC Filing (Form 4/A)
Brad Williams, President of Cadre Holdings, files an amendment to a previous SEC Form 4 to correct the number of stock options and restricted stock units (RSUs) granted on March 13, 2025.
Summary
- Brad Williams, President of Cadre Holdings, filed an amended SEC Form 4 on April 24, 2025, to correct information regarding stock options and restricted stock units (RSUs) granted on March 13, 2025.
- The amendment corrects the number of options and restricted stock units granted, which were initially reported in the original Form 4 filed on March 17, 2025.
- The corrected filing shows that Williams was granted options to purchase 48,365 shares of Cadre Holdings' common stock at an exercise price of $33.85.
- These options will vest in three tranches: 16,121 shares on March 13, 2026, 16,122 shares on March 13, 2027, and 16,122 shares on March 13, 2028.
- Williams also received 15,510 restricted stock units (RSUs), which will vest in three equal installments of 5,170 shares on March 13, 2026, March 13, 2027, and March 13, 2028.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it is a correction of a previous filing. It doesn't indicate positive or negative performance, just an adjustment to previously reported information.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation of key executives.
Stakeholder Impact
- The correction of the stock option and RSU grants provides more accurate information to shareholders regarding executive compensation.
- This filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of the corrected stock option and RSU grant. |
| 03/17/2025 | Date of the original Form 4 filing that contained incorrect information. |
| 03/13/2026 | First vesting date for a portion of the stock options (16,121 shares) and RSUs (5,170 shares). |
| 03/13/2027 | Second vesting date for a portion of the stock options (16,122 shares) and RSUs (5,170 shares). |
| 03/13/2028 | Third vesting date for a portion of the stock options (16,122 shares) and RSUs (5,170 shares). |
| 04/24/2025 | Date of the amended SEC Form 4/A filing. |
Keywords
SEC Form 4, Cadre Holdings, Stock Options, Restricted Stock Units, Beneficial Ownership, Amendment, Brad Williams, CDRE
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