Cadre Holdings (NYSE: CDRE) CFO gets RSU shares; company withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadre Holdings, Inc. chief financial officer Blaine Browers reported routine equity compensation activity. On March 18, 2026, 3,282 restricted stock units from a March 18, 2024 award vested into an equal number of shares of common stock. To cover tax withholding on this vesting, 1,292 shares of common stock were withheld by the company at a price of $32.22 per share rather than sold on the open market. After these transactions, Browers directly holds 69,653 shares of Cadre common stock. The underlying restricted stock unit award originally covered 9,846 shares and continues to vest in annual installments through March 18, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,282 shares exercised/converted
Mixed
3 txns
Insider
Browers Blaine
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,282 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 per share ("Common Stock") | 3,282 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,292 | $32.22 | $42K |
Holdings After Transaction:
Restricted Stock Units — 3,282 shares (Direct);
Common Stock, par value $0.0001 per share ("Common Stock") — 70,945 shares (Direct);
Common Stock — 69,653 shares (Direct)
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 9,846 shares of Common Stock. Of those shares, 3,282 shares vested and became non-forfeitable on each of March 18, 2025, and March 18, 2026, and 3,282 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. Browers as a result of the vesting on March 18, 2026, of a portion of the 2024 Restricted Stock Units Award.
FAQ
What insider transactions did Cadre Holdings (CDRE) report for its CFO?
Cadre Holdings reported its CFO Blaine Browers had 3,282 restricted stock units vest into common shares. The company then withheld 1,292 shares to satisfy tax obligations, leaving him with 69,653 directly held shares after the transactions.
How large is the Cadre Holdings (CDRE) 2024 restricted stock unit award to the CFO?
The 2024 restricted stock unit award to the Cadre Holdings CFO covers 9,846 shares of common stock. It vests in three equal installments of 3,282 shares on March 18, 2025, March 18, 2026, and March 18, 2027 under the company’s 2021 Stock Incentive Plan.