Form 4: Cadre Holdings President's RSU Vesting & Tax Withholding
Insider Transaction Report
Cadre Holdings President Brad Williams reported the vesting of 4,508 restricted stock units and the subsequent withholding of 1,098 shares for tax obligations.
Summary
- Brad Williams, President of Cadre Holdings, Inc. (CDRE), reported transactions related to his beneficial ownership.
- On March 18, 2026, 4,508 restricted stock units (RSUs) from a 2024 award vested and became non-forfeitable.
- The 2024 Restricted Stock Units Award, granted on March 18, 2024, covered 13,524 shares of Common Stock under the Issuer's 2021 Stock Incentive Plan.
- A total of 1,098 shares of Common Stock were disposed of (withheld by the Issuer) at a price of $32.22 per share to satisfy tax withholding obligations incurred due to the RSU vesting.
- Following these transactions, Mr. Williams beneficially owns 65,081 shares of Common Stock directly.
- Future vesting dates for the remaining 2024 RSU award include 4,508 shares on March 18, 2027.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, reflecting the routine execution of an existing executive compensation plan rather than a significant positive or negative development for the company's operations or financial health.
Positives
- The vesting of restricted stock units indicates the execution of a long-term incentive compensation plan for a key executive, aligning management interests with shareholder value over time.
Negatives
- The disposition of 1,098 shares for tax withholding purposes reduces the direct beneficial ownership of the executive, though this is a standard practice for RSU vesting.
Risks
- No specific company operational or strategic risks were mentioned in this Form 4 filing, as it primarily reports insider transactions.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding Cadre Holdings' future financial performance or strategic outlook. It solely reports an executive's insider transactions.
Industry Context
StockSavvy.ai notes that this Form 4 filing represents a routine insider transaction, specifically the vesting of restricted stock units and the associated tax withholding, which is a common practice in executive compensation across various industries. Such filings provide transparency into executive stock ownership but typically do not reflect broader industry trends or competitive shifts.
Stakeholder Impact
- Shareholders: Provides transparency into executive compensation and ownership, confirming the execution of a pre-existing incentive plan.
- Employees: No direct impact on general employees, but reinforces the company's executive compensation structure.
Next Steps
- The remaining 4,508 shares from the 2024 Restricted Stock Units Award are scheduled to vest and become non-forfeitable on March 18, 2027.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Grant date of the 2024 Restricted Stock Units Award. |
| 03/18/2025 | First vesting date for a portion (4,508 shares) of the 2024 Restricted Stock Units Award. |
| 03/18/2026 | Transaction date for the vesting of 4,508 RSUs and subsequent tax withholding. |
| 03/20/2026 | Signature date of the reporting person for the Form 4 filing. |
| 03/18/2027 | Future vesting date for the remaining portion (4,508 shares) of the 2024 Restricted Stock Units Award. |
Keywords
Cadre Holdings, CDRE, Brad Williams, Restricted Stock Units, RSU vesting, Insider transaction, Form 4, Executive compensation, Stock incentive plan
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