Cadre Holdings, Inc.·4

Mar 17, 5:47 PM ET

Browers Blaine 4

4 · Cadre Holdings, Inc. · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Cadre (CDRE) CFO Blaine Browers Receives RSUs; Shares Withheld for Taxes

What Happened

  • Blaine Browers, Chief Financial Officer of Cadre Holdings (CDRE), had restricted stock units (RSUs) vest on March 13, 2026. Two sets of RSUs converted into 3,393 and 4,309 shares (total 7,702 shares). The company withheld 1,336 and 1,845 shares (total 3,181) to satisfy tax withholding obligations at $31.65 per share, generating $42,284 and $58,394 respectively (total $100,678). Net shares added to his holdings = 7,702 − 3,181 = 4,521 shares (approx. $143,090 using $31.65/share).
  • The conversion entries show $0.00 exercise price—this reflects RSU vesting (conversion of a derivative into shares), not a cash purchase.

Key Details

  • Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filed on the reporting date, not noted as late).
  • Price used for withholding: $31.65 per share; total tax-withheld proceeds: $100,678.
  • Shares reported as converted/issued: 3,393 (2023 RSU award) and 4,309 (2025 RSU award) per footnotes.
  • Shares withheld for taxes: 1,336 (from 2023 award) and 1,845 (from 2025 award).
  • Shares owned after transaction: Not disclosed in the provided data (see filed Form 4 for total holdings).
  • Footnotes: Vesting came from a March 13, 2023 RSU award (10,177 total awarded across vesting dates) and a March 13, 2025 RSU award (12,925 total awarded); withholding was to satisfy tax obligations on the vested portions.

Context

  • This was vesting of RSUs with a standard "sell-to-cover" (share withholding) for taxes — common and not a market directional trade. The RSU conversion is coded as derivative conversion (M); withholding is coded as F. These transactions increase Browers’ net equity stake (he received net 4,521 shares).

Insider Transaction Report

Form 4
Period: 2026-03-13
Browers Blaine
CHIEF FINANCIAL OFFICER
Transactions
  • Exercise/Conversion

    Common Stock, par value $0.0001 per share ("Common Stock")

    [F1]
    2026-03-13+3,39366,535 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-13$31.65/sh1,336$42,28465,199 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-03-13+4,30969,508 total
  • Tax Payment

    Common Stock

    [F4]
    2026-03-13$31.65/sh1,845$58,39467,663 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-03-133,3930 total
    Common Stock (3,393 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3]
    2026-03-134,3098,616 total
    Common Stock (4,309 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 10,177 shares of Common Stock. Of those shares, 3,391 shares vested and became non-forfeitable on March 13, 2024, and 3,393 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. Browers 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 12,925 shares of Common Stock. Of those shares, 4,309 shares vested and became non-forfeitable on March 13, 2026, and 4,308 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. Browers as a result of the vesting on March 13, 2026, of a portion of the 2025 Restricted Stock Units Award.
Signature
/s/ Blaine Browers|2026-03-17

Documents

1 file
  • 4
    tm268980-1_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT