Williams Brad 4
4 · Cadre Holdings, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Cadre (CDRE) President Brad Williams Receives RSU Vesting
What Happened
Brad Williams, President of Cadre Holdings (CDRE), had restricted stock units (RSUs) vest on March 13, 2026. A total of 9,361 RSUs converted into common shares (4,191 shares from a 2023 award and 5,170 shares from a 2025 award). To satisfy tax-withholding obligations, the issuer withheld 2,409 shares at $31.65 per share, generating $76,245 in cash remitted for taxes. The RSU conversions carried no exercise price ($0.00).
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely).
- Vesting/conversion: 9,361 shares converted into common stock (4,191 + 5,170).
- Tax withholding: 2,409 shares withheld (1,021 + 1,388) at $31.65/share = $76,245.
- Net shares delivered to Williams: 9,361 − 2,409 = 6,952 shares.
- Exercise/Conversion code: M (derivative exercise/conversion); Withholding code: F (shares withheld to satisfy tax).
- Footnotes: Vesting stems from RSU awards granted March 13, 2023 and March 13, 2025; withholding entries noted in filing footnotes F2 and F4.
- Shares owned after the transaction: not specified in the Form 4.
Context
This was a compensation-related vesting event (RSUs converting to common stock) rather than an open-market buy or proactive sale. The withholding of shares to cover taxes is a routine "sell-to-cover" mechanism and does not necessarily indicate a change in insider sentiment. M denotes conversion/exercise of derivative awards (RSUs converting to shares); F denotes shares withheld for tax obligations.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.0001 per share ("Common Stock")
[F1]2026-03-13+4,191→ 58,910 total - Tax Payment
Common Stock
[F2]2026-03-13$31.65/sh−1,021$32,315→ 57,889 total - Exercise/Conversion
Common Stock
[F3]2026-03-13+5,170→ 63,059 total - Tax Payment
Common Stock
[F4]2026-03-13$31.65/sh−1,388$43,930→ 61,671 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-13−4,191→ 0 total→ Common Stock (4,191 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-03-13−5,170→ 10,340 total→ Common Stock (5,170 underlying)
Footnotes (4)
- [F1]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 12,572 shares of Common Stock. Of those shares, 4,190 shares vested and became non-forfeitable on March 13, 2024, and 4,191 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. Williams as a result of the vesting on March 13, 2026, of a portion of the 2023 Restricted Stock Units Award.
- [F3]Comprised of a restricted stock units award granted on March 13, 2025 (the "2025 Restricted Stock Units Award"), under the Plan, covering 15,510 shares of Common Stock. Of those shares, 5,170 shares vested and became non-forfeitable on March 13, 2026, and 5,170 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. Williams as a result of the vesting on March 13, 2026, of a portion of the 2025 Restricted Stock Award.