KANDERS WARREN B 4
4 · Cadre Holdings, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Cadre (CDRE) 10% Owner Warren B. Kanders Receives RSU Vesting
What Happened
Warren B. Kanders, reported as a 10% owner of Cadre Holdings (CDRE), had restricted stock units (RSUs) vest and convert to common stock on March 13, 2026. A total of 24,011 shares vested (11,455 shares from a 2023 award and 12,556 shares from a 2025 award). The issuer withheld 9,449 shares to satisfy tax withholding obligations at $31.65 per share (total value withheld $299,061), resulting in a net issuance to Kanders of 14,562 shares. These transactions reflect compensation-related vesting/conversion of RSUs, not open-market buying or selling.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filed 4 days after the transaction).
- Vesting/conversions: 11,455 shares (2023 award) and 12,556 shares (2025 award) converted into common stock (total 24,011).
- Tax withholding (share surrender): 4,508 shares and 4,941 shares withheld (total 9,449) at $31.65/share = $299,061.
- Net shares issued to insider: 24,011 − 9,449 = 14,562 shares.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes: F1–F4 describe the 2023 and 2025 RSU awards and the withholding; F5–F7 note reporting relationships (Kanders is sole manager/member of Kanders SAF, LLC; spouse Allison Kanders; disclaims beneficial ownership except pecuniary interest).
- Timeliness: Filing appears late relative to the usual two-business-day Form 4 deadline (filed 4 days after the transactions).
Context
These entries are standard RSU vesting and issuer share-withholding to cover tax obligations (a cashless/stock-surrender withholding), not sales or market trades. For a 10% owner like Kanders, the filing reflects compensation and related tax mechanics rather than an expressed buy/sell market view.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.0001 per share ("Common Stock")
[F1]2026-03-13+11,455→ 13,001 total - Tax Payment
Common Stock
[F2]2026-03-13$31.65/sh−4,508$142,678→ 8,493 total - Exercise/Conversion
Common Stock
[F3]2026-03-13+12,556→ 21,049 total - Tax Payment
Common Stock
[F4]2026-03-13$31.65/sh−4,941$156,383→ 16,108 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-13−11,455→ 0 total→ Common Stock (11,455 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-03-13−12,556→ 25,110 total→ Common Stock (12,556 underlying)
- 10,117,039(indirect: By LLC)
Common Stock
[F5][F7] - 1,305,650(indirect: By IRA)
Common Stock
- 23,450(indirect: By IRA)
Common Stock
[F6][F7]
Footnotes (7)
- [F1]Comprised of a restricted stock units award (the "2023 Restricted Stock Award") granted on March 13, 2023, under the Issuer's 2021 Stock Incentive Plan (the "Plan") covering 34,363 shares of Common Stock. Of those shares, 11,453 shares vested and became non-forfeitable on March 13, 2024, and 11,455 shares vested and became non-forfeitable on each of March 13, 2025, and March 13, 2026.
- [F2]Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Kanders as a result of the vesting, on March 13, 2026, of a portion of the 2023 Restricted Stock Award.
- [F3]Comprised of a restricted stock units award granted on March 13, 2025 (the "2025 Restricted Stock Award"), under the Plan, covering 37,666 shares of Common Stock. Of those shares, 12,556 shares vested and became non-forfeitable on March 13, 2026, and 12,555 shares will vest and become non-forfeitable on each of March 13, 2027 and March 13, 2028.
- [F4]Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Kanders as a result of the vesting, on March 13, 2026, of a portion of the 2025 Restricted Stock Award.
- [F5]The Reporting Person is the sole manager and member of Kanders SAF, LLC.
- [F6]Allison Kanders is the Reporting Person's spouse.
- [F7]The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.