Cadre Holdings (CDRE) CEO-associated LLC sells 225,000 shares, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadre Holdings, Inc. director, CEO and chairman Warren B. Kanders reported that Kanders SAF, LLC, an entity he manages, sold a total of 225,000 shares of Cadre common stock in open-market transactions on June 15–17, 2026.
The LLC sold 100,000 shares at a weighted average price of $30.03 on June 15, 100,000 shares at $28.19 on June 16, and 25,000 shares at $28.68 on June 17, across multiple trades each day. After these sales, Kanders SAF, LLC held 9,692,039 shares of Cadre common stock.
The filing also lists other indirect holdings, including 1,305,650 shares held by a Roth IRA for Warren B. Kanders and 23,450 shares held by a Roth IRA for his spouse, plus 22,888 shares held directly. Kanders disclaims beneficial ownership of certain securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 225,000 shares ($6,539,000)
Net Sell
6 txns
Insider
KANDERS WARREN B
Role
CEO AND CHAIRMAN
Sold
225,000 shs ($6.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $28.68 | $717K |
| Sale | Common Stock | 100,000 | $28.19 | $2.82M |
| Sale | Common Stock, par value $0.0001 per share ("Common Stock") | 100,000 | $30.03 | $3.00M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,692,039 shares (Indirect, By Kanders SAF, LLC);
Common Stock, par value $0.0001 per share ("Common Stock") — 9,817,039 shares (Indirect, By Kanders SAF, LLC);
Common Stock — 22,888 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price per share. These shares of Common Stock were sold in multiple transactions at prices ranging from $29.07-$31.03 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price per share. These shares of Common Stock were sold in multiple transactions at prices ranging from $26.905-$28.995 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (2) to this Form 4. The price reported in Column 4 is a weighted average price per share. These shares of Common Stock were sold in multiple transactions at prices ranging from $28.12-$29.09 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (3) to this Form 4. 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.
Key Figures
Total shares sold: 225,000 shares
June 15 sale size: 100,000 shares
June 16 sale size: 100,000 shares
+5 more
8 metrics
Total shares sold
225,000 shares
Open-market sales on June 15–17, 2026
June 15 sale size
100,000 shares
Open-market sale at weighted average $30.03/share
June 16 sale size
100,000 shares
Open-market sale at weighted average $28.19/share
June 17 sale size
25,000 shares
Open-market sale at weighted average $28.68/share
Kanders SAF, LLC holdings
9,692,039 shares
Indirect Cadre common stock after reported sales
Warren B. Kanders Roth IRA
1,305,650 shares
Indirect Cadre common stock holding as of June 15, 2026
Spouse Roth IRA holding
23,450 shares
Indirect Cadre common stock held by spouse’s Roth IRA
Direct holding
22,888 shares
Cadre common stock held directly by Warren B. Kanders
Key Terms
open-market sale, weighted average price per share, indirect ownership, Roth IRA, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for each non-derivative transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "By Kanders SAF, LLC""
Roth IRA financial
"nature_of_ownership: "By Warren B. Kanders Roth IRA" and "By Allison Kanders Roth IRA""
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities described in this statement"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Cadre Holdings (CDRE) report for Warren B. Kanders?
Cadre Holdings reported that an entity managed by Warren B. Kanders, Kanders SAF, LLC, sold 225,000 shares of common stock in open-market transactions on June 15–17, 2026. These were routine market sales disclosed in a Form 4 filing.
Were the Cadre Holdings (CDRE) sale prices single trades or averages?
The reported prices are weighted average prices per share for multiple trades each day. Footnotes explain the June 15–17, 2026 sales occurred across price ranges and that detailed per-trade information is available on request to Cadre or regulators.