[Form 4] Cadre Holdings, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Cadre Holdings, Inc. director, CEO and chairman Warren B. Kanders reported open-market sales of Common Stock through an affiliated entity. Kanders SAF, LLC sold 100,000 shares on March 20 at a weighted average price of $31.40 per share and another 100,000 shares on March 23 at a weighted average price of $31.93 per share, each executed across multiple trades within stated price ranges. After these sales, Kanders SAF, LLC held 9,917,039 shares, while Warren B. Kanders also reported 22,888 shares held directly, 1,305,650 shares held through his Roth IRA and 23,450 shares held through his spouse’s Roth IRA, and he disclaimed beneficial ownership beyond his pecuniary interest in these securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 200,000 shares
Net Sell
5 txns
Insider
KANDERS WARREN B
Role
CEO AND CHAIRMAN
Sold
200,000 shs ($6.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100,000 | $31.93 | $3.19M |
| Sale | Common Stock, par value $0.0001 per share ("Common Stock") | 100,000 | $31.40 | $3.14M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share ("Common Stock") — 10,017,039 shares (Indirect, By Kanders SAF, LLC);
Common Stock — 9,917,039 shares (Indirect, By Kanders SAF, LLC);
Common Stock — 22,888 shares (Direct);
Common Stock — 1,305,650 shares (Indirect, By Warren B. Kanders Roth IRA);
Common Stock — 23,450 shares (Indirect, By Allison Kanders Roth IRA)
Footnotes (5)
- F1. 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 $31.01-$31.79 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.
- F2. 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 $31.56-$32.49 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.
- F3. The Reporting Person is the sole manager and member of Kanders SAF, LLC.
- F4. Allison Kanders is the Reporting Person's spouse.
- F5. 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) disclose in this Form 4 filing?
Cadre Holdings reported that an entity associated with CEO Warren B. Kanders, Kanders SAF, LLC, sold Common Stock in open-market transactions. The filing details share amounts, weighted average prices, remaining holdings, and a disclaimer of beneficial ownership beyond his pecuniary interest.
What Cadre Holdings (CDRE) stake remains after these reported sales?
After the sales, Kanders SAF, LLC held 9,917,039 shares of Common Stock. Warren B. Kanders also reported 22,888 shares directly, 1,305,650 shares via his Roth IRA and 23,450 shares via his spouse’s Roth IRA, while disclaiming beneficial ownership beyond pecuniary interest.
Were the Cadre Holdings (CDRE) insider transactions open-market trades?
Yes. Both transactions are coded S as non-derivative open-market sales of Common Stock. Footnotes state the reported prices are weighted averages for multiple trades executed within specified price ranges, typical of open-market transaction reporting.
Do the Cadre Holdings (CDRE) footnotes mention a trading plan or special conditions?
The footnotes describe weighted average prices, price ranges for the multiple trades, Kanders’s role at Kanders SAF, LLC, his spouse’s relationship, and a beneficial ownership disclaimer. They do not reference any Rule 10b5-1 trading plan in the provided excerpt.
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