CDRE (NYSE: CDRE) insider files to sell 200,000 shares via Merrill Lynch

Rhea-AI Filing Summary

CDRE reports a Form 144 notice to sell 200,000 shares of Common Stock. The sale is listed with Merrill Lynch on the NYSE and shows an execution date of 03/20/2026. The filing also references a liquidating distribution tied to Kanders SAF LLC's pro rata membership interest in Maui Holdings LLC dated 12/07/2021.

Insights

Securities Compliance Analyst

Routine Rule 144 notice for an insider sale; no proceeds treatment stated.

The filing lists a proposed sale of 200,000 common shares through Merrill Lynch on the NYSE with a date of 03/20/2026. This is a regulatory notice of intent to sell under Rule 144 rather than a completed market transaction.

The excerpt also records a liquidating distribution associated with Kanders SAF LLC and Maui Holdings LLC dated 12/07/2021; the relationship between that distribution and the 200,000-share sale is not specified in the provided text. Cash‑flow treatment and actual sale execution details are not included.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 225 Liberty St 39th Floor New York NY 10281	200000	6280000	42726564	03/20/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/07/2021	Liquidating distribution based upon Kanders SAF LLC's pro rata membership interest in Maui Holdings LLC	Maui Holdings LLC			15866703	12/07/2021	Stock

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does CDRE's Form 144 disclose?

The filing discloses a proposed sale of 200,000 common shares via Merrill Lynch on the NYSE. It also references a liquidating distribution tied to Kanders SAF LLC and Maui Holdings LLC dated 12/07/2021.

Does the filing show the sale was completed?

No; the Form 144 shows an intent to sell 200,000 shares with an execution date of 03/20/2026. The excerpt does not state whether the shares were actually sold or the proceeds received.

Who is the broker handling the proposed sale?

The proposed transaction is listed with Merrill Lynch at 225 Liberty St, New York, and the sale venue is indicated as the NYSE. The excerpt gives no further execution instructions or pricing details.

What is the significance of the liquidating distribution note?

The filing records a liquidating distribution dated 12/07/2021 related to Kanders SAF LLC's membership interest in Maui Holdings LLC. The excerpt does not tie that distribution amount directly to the 200,000-share notice.

Does the Form 144 indicate proceeds go to the issuer?

The Form 144 excerpt does not state how proceeds will be treated. It lists a proposed sale by the reporting holder; the filing does not indicate that the issuer will receive sale proceeds.