Cadre (NYSE: CDRE) CFO nets more shares after RSU vesting, tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadre Holdings, Inc. Chief Financial Officer Blaine Browers reported compensation-related equity activity tied to restricted stock units that vested on March 13, 2026. He exercised awards covering 7,702 shares of Common Stock at a conversion price of $0.00 per share, reflecting RSU vesting rather than an open-market purchase.
To cover tax obligations from these vestings, the company withheld a total of 3,181 shares of Common Stock at $31.65 per share, reported as tax-withholding dispositions rather than sales into the market. Following these transactions, Browers directly owns 67,663 shares of Cadre Holdings Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,702 shares exercised/converted
Mixed
6 txns
Insider
Browers Blaine
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,393 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,309 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 per share ("Common Stock") | 3,393 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,336 | $31.65 | $42K |
| Exercise | Common Stock | 4,309 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,845 | $31.65 | $58K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.0001 per share ("Common Stock") — 66,535 shares (Direct);
Common Stock — 65,199 shares (Direct)
Footnotes (1)
- Comprised of a restricted stock units award granted on March 13, 2023 (the "2023 Restricted Stock Units Award"), under the Issuer's 2021 Stock Incentive Plan (the "Plan"), covering 10,177 shares of Common Stock. Of those shares, 3,391 shares vested and became non-forfeitable on March 13, 2024, and 3,393 shares vested and became non-forfeitable on each of March 13, 2025 and March 13, 2026. Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Browers as a result of the vesting on March 13, 2026, of a portion of the 2023 Restricted Stock Units Award. Comprised of a restricted stock units award granted on March 13, 2025 (the "2025 Restricted Stock Units Award") under the Plan, covering 12,925 shares of Common Stock. Of those shares, 4,309 shares vested and became non-forfeitable on March 13, 2026, and 4,308 shares will vest and become non-forfeitable on each of March 13, 2027 and March 13, 2028. Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Browers as a result of the vesting on March 13, 2026, of a portion of the 2025 Restricted Stock Units Award.