Browers Blaine 4
4 · Cadre Holdings, Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Cadre (CDRE) CFO Blaine Browers Receives RSU Vesting; Shares Withheld
What Happened
- Blaine Browers, Cadre Holdings' Chief Financial Officer, had 3,282 restricted stock units (RSUs) vest on March 18, 2026. The RSUs converted into common shares (reported as a derivative conversion, code M). To satisfy tax withholding, the issuer withheld 1,292 shares at $32.22/share (code F), valued at $41,628. Net new shares issued to Mr. Browers from this vesting were approximately 1,990.
Key Details
- Transaction date: March 18, 2026; Form 4 filed March 20, 2026 (filed within the usual 2-business-day window).
- Vesting/conversion reported as code M (exercise/conversion of derivative): 3,282 shares.
- Tax withholding reported as code F: 1,292 shares withheld at $32.22 per share, total $41,628.
- Filing also shows a related M-coded disposition of 3,282 shares at $0.00, which reflects conversion/cancellation of the RSU derivative upon vesting (routine reporting treatment).
- Net increase from this vesting: ~1,990 shares issued to the insider. The filing excerpt provided does not state total shares owned by Mr. Browers after the transaction.
- Footnotes: The shares come from a 2024 RSU award covering 9,846 shares with staggered vesting (3,282 vested in 2025, 3,282 in 2026, and 3,282 scheduled for 2027). Footnote confirms the withheld shares satisfied tax obligations.
Context
- This was a routine RSU vesting and tax-withholding event, not an open-market buy or sale; such vesting events typically reflect compensation becoming non-forfeitable rather than a trading view by the insider.
- Transaction codes: M = conversion/exercise of derivative (RSU vesting here), F = shares withheld to satisfy tax withholding.
Insider Transaction Report
Form 4
Browers Blaine
CHIEF FINANCIAL OFFICER
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share ("Common Stock")
[F1]2026-03-18+3,282→ 70,945 total - Tax Payment
Common Stock
[F2]2026-03-18$32.22/sh−1,292$41,628→ 69,653 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-18−3,282→ 3,282 total→ Common Stock (3,282 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.
Signature
/s/ Blaine Browers|2026-03-20