KANDERS WARREN B 4
4 · Cadre Holdings, Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Cadre Holdings (CDRE) 10% Owner Warren Kanders Sells 200,000 Shares
What Happened Warren B. Kanders, a reported 10% owner of Cadre Holdings, sold a total of 200,000 shares of Cadre common stock in two open-market/private-sale transactions. On 2026-03-20 he disposed of 100,000 shares at a reported weighted-average price of $31.40 (approx. $3.14M); on 2026-03-23 he disposed of 100,000 shares at a reported weighted-average price of $31.93 (approx. $3.19M). Total proceeds across both sales were about $6.33 million. These were sales (S), which are commonly routine dispositions rather than purchases that might signal bullishness.
Key Details
- Transaction dates: 2026-03-20 (100,000 shares) and 2026-03-23 (100,000 shares).
- Reported weighted-average prices: $31.40 (Mar 20) and $31.93 (Mar 23).
- Reported price ranges (per footnotes): Mar 20 sales occurred across $31.01–$31.79; Mar 23 sales across $31.56–$32.49.
- Total proceeds: approximately $6.33 million.
- Transaction type: S = Sale (open market or private sale as reported).
- Ownership/relationship notes: Reporting person is a 10% owner; he is the sole manager and member of Kanders SAF, LLC (F3). Allison Kanders is his spouse (F4). The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest (F5).
- Shares owned after transaction: not specified in the information you provided.
- Filing/timeliness: Form 4 was filed 2026-03-24 covering these transactions; based on the transaction dates the filing appears to be timely (no late filing flag provided).
Context These are outright sales by a large (10%) holder rather than purchases. Sales by insiders can be for many reasons (cash needs, diversification, estate planning, etc.) and do not by themselves indicate negative information about the company. Footnotes note the reported prices are weighted averages from multiple trades and that full per-trade breakdowns are available upon request to the issuer, shareholders, or the SEC staff.
Insider Transaction Report
- Sale
Common Stock, par value $0.0001 per share ("Common Stock")
[F1][F3][F5]2026-03-20$31.40/sh−100,000$3,140,000→ 10,017,039 total(indirect: By LLC) - Sale
Common Stock
[F2][F3][F5]2026-03-23$31.93/sh−100,000$3,193,000→ 9,917,039 total(indirect: By LLC)
- 22,888
Common Stock
- 1,305,650(indirect: By IRA)
Common Stock
- 23,450(indirect: By IRA)
Common Stock
[F4][F5]
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price per share. These shares of Common Stock were sold in multiple transactions at prices ranging from $31.01-$31.79 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price per share. These shares of Common Stock were sold in multiple transactions at prices ranging from $31.56-$32.49 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- [F3]The Reporting Person is the sole manager and member of Kanders SAF, LLC.
- [F4]Allison Kanders is the Reporting Person's spouse.
- [F5]The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.