Cadre Holdings (NYSE: CDRE) CEO updates stake after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadre Holdings CEO Warren B. Kanders reported routine equity compensation activity. On March 18, 2026, 11,180 restricted stock units granted in 2024 converted into an equal number of Cadre Holdings common shares. To cover tax obligations from this vesting, 4,400 common shares were withheld by the company at a price of $32.22 per share.
Following these transactions, Kanders holds 22,888 shares of common stock directly. He also reports additional indirect holdings, including shares held by Kanders SAF, LLC and by Roth IRAs for himself and his spouse, while disclaiming beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,180 shares exercised/converted
Mixed
6 txns
Insider
KANDERS WARREN B
Role
CEO AND CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,180 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 per share ("Common Stock") | 11,180 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,400 | $32.22 | $142K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 11,180 shares (Direct);
Common Stock, par value $0.0001 per share ("Common Stock") — 27,288 shares (Direct);
Common Stock — 22,888 shares (Direct);
Common Stock — 10,117,039 shares (Indirect, By Kanders SAF, LLC)
Footnotes (1)
- Comprised of a restricted stock units award granted on March 18, 2024 (the "2024 Restricted Stock Units Award"), under the Issuer's 2021 Stock Incentive Plan (the "Plan"), covering 33,540 shares of Common Stock. Of those shares, 11,180 shares vested and became non-forfeitable on each of March 18, 2025 and March 18, 2026, and 11,180 shares will vest and become non-forfeitable on March 18, 2027. Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Kanders as a result of the vesting, on March 18, 2026, of a portion of the 2024 Restricted Stock Award. The Reporting Person is the sole manager and member of Kanders SAF, LLC. Allison Kanders is the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.
FAQ
What did Cadre Holdings (CDRE) CEO Warren B. Kanders report in this Form 4?
Warren B. Kanders reported vesting of 11,180 restricted stock units that converted into Cadre Holdings common shares. The filing also shows shares withheld to pay taxes and updates his direct and indirect ownership positions.
What is Warren B. Kanders’ direct Cadre Holdings (CDRE) ownership after these transactions?
After the RSU vesting and tax withholding, Kanders directly holds 22,888 Cadre Holdings common shares. This figure reflects his updated personal position, separate from the larger indirect holdings reported through entities and retirement accounts.
What indirect holdings in Cadre Holdings (CDRE) are associated with Warren B. Kanders?
Indirect holdings include 10,117,039 Cadre Holdings common shares held by Kanders SAF, LLC, 1,305,650 shares in his Roth IRA, and 23,450 shares in his spouse’s Roth IRA. He disclaims beneficial ownership except to the extent of his pecuniary interest.
Is this Cadre Holdings (CDRE) Form 4 a routine equity compensation event?
Yes. The transactions reflect scheduled vesting of a 2024 restricted stock unit award and related tax-withholding shares. No open-market purchases or sales are reported, making this a routine compensation and ownership update for the CEO and chairman.