4Accepted Mar 17, 5:48 PM ET
Cadre (CDRE) President Brad Williams Receives RSU Vesting
Accepted (ET)
5:48 PM
Mar 17, 2026
Filed
Mar 17, 2026
Documents
1
Size
14.8 KB
Summary
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.