Form 4: Cadre Holdings Executive Brad Williams Reports Stock Transactions
SEC Form 4 Filing
Brad Williams, President of Cadre Holdings, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 13, 2024, Brad Williams, President of Cadre Holdings, Inc., had 4,190 restricted stock units vest, converting into common stock.
- The company withheld 1,649 shares of common stock at a price of $39.49 to cover tax obligations related to the vesting.
- Following these transactions, Williams directly owns 83,153 shares of Cadre Holdings common stock and 8,382 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| March 13, 2023 | Date of original restricted stock unit award. |
| March 13, 2024 | Vesting date of 4,190 restricted stock units. |
| March 13, 2025 | Next vesting date of 4,191 restricted stock units. |
| March 13, 2026 | Final vesting date of 4,191 restricted stock units. |
| March 15, 2024 | Date of Form 4 filing. |
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