Williams Brad 4

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.