Form 4: Warren Kanders, CEO of Cadre Holdings, Gifts Shares to Charity

Warren Kanders, CEO and Chairman of Cadre Holdings, reports gifting shares of common stock to qualified charitable organizations.

Summary

• Warren Kanders, the CEO and Chairman of Cadre Holdings, Inc., filed a Form 4 on September 26, 2024.
• The filing reports a transaction on September 24, 2024, involving a gift of 12,522 shares of Cadre Holdings common stock to two qualified charitable organizations.
• Following the transaction, Kanders directly owns no shares and indirectly owns 11,957,211 shares through Kanders SAF, LLC, 1,305,650 shares through Warren B. Kanders Roth IRA and 23,450 shares through Allison Kanders Roth IRA.
• Kanders disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing about a gift of shares, which doesn't inherently indicate positive or negative financial performance.

Positives

• The gifting of shares to charitable organizations can be viewed positively from a corporate social responsibility perspective.

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The donation of shares to charity may have a positive impact on the company's reputation.

Key Dates