Cadre Holdings (CDRE) president receives performance-based options and RSU grants
Rhea-AI Filing Summary
Cadre Holdings, Inc. reported that President Brad Williams received new equity awards tied to future stock performance. On June 16, 2026, he was granted stock options for 136,000 and 109,500 shares of common stock at an exercise price of $28.75 per share, expiring on June 16, 2033. He also received 82,000 and 57,500 restricted stock units. All four awards vest only if, on or before June 16, 2033, Cadre’s stock reaches a volume-weighted average price of at least $60 or $80 per share over 20 consecutive trading days, and then only after at least three years have passed from the grant date.
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Insights
Large, performance-based equity grant to Cadre’s president with long-dated hurdles.
The filing shows Brad Williams, President of Cadre Holdings, receiving substantial stock options and restricted stock units as compensation. The options cover 136,000 and 109,500 shares at an exercise price of $28.75, while RSUs cover 82,000 and 57,500 shares.
These awards vest only if the stock’s volume-weighted average price reaches at least $60.00 or $80.00 for 20 consecutive trading days on or before June 16, 2033, and at least three years have elapsed since grant. This structure links potential value to long-term share performance rather than immediate tenure.
Because the transactions are grants (Form 4 code A) and not open-market purchases or sales, they mainly update the president’s incentive mix. There is no direct cash flow in this filing, and the investment significance depends on how these performance conditions align with future company results.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 57,500 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 82,000 | $0.00 | -- |
| Grant/Award | Stock Option (right to purchase) | 109,500 | $0.00 | -- |
| Grant/Award | Stock Option (right to purchase) | 136,000 | $0.00 | -- |
Footnotes (1)
- Represents an award of restricted stock units granted under Cadre Holdings, Inc.'s (the "Issuer") 2021 Stock Incentive Plan (the "Plan"), consisting of 57,500 restricted stock units relating to shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). The restricted stock units will vest only if, on or before June 16, 2033, the Common Stock achieves a volume-weighted average trading price ("VWAP") of at least $60.00 per share over a 20 consecutive trading day measurement period, with any such vesting to occur upon the later to occur of the date such VWAP condition is achieved and the third anniversary of the date of grant. Represents an award of restricted stock units granted under the Plan, consisting of 82,000 restricted stock units relating to shares of the Issuer's Common Stock. The restricted stock units will vest only if, on or before June 16, 2033, the Common Stock achieves a VWAP of at least $80.00 per share over a 20 consecutive trading day measurement period, with any such vesting to occur upon the later to occur of the date such VWAP condition is achieved and the third anniversary of the date of grant. The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 109,500 shares of the Issuer's Common Stock will vest and become exercisable only if, on or before June 16, 2033, the Common Stock achieves a VWAP of at least $60.00 per share over a 20 consecutive trading day measurement period, with any such vesting and exercisability to occur upon the later to occur of the date such VWAP condition is achieved and the third anniversary of the date of grant. The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 136,000 shares of the Issuer's Common Stock will vest and become exercisable only if, on or before June 16, 2033, the Common Stock achieves a VWAP of at least $80.00 per share over a 20 consecutive trading day measurement period, with any such vesting and exercisability to occur upon the later to occur of the date such VWAP condition is achieved and the third anniversary of the date of grant.