KANDERS WARREN B 4
Research Summary
AI-generated summary
Cadre Holdings (CDRE) 10% Owner Warren B. Kanders Receives Awards
What Happened
Warren B. Kanders, reported as a 10% owner of Cadre Holdings, Inc. (CDRE), received two grant-type derivative awards on March 30, 2026: 44,684 restricted stock units (RSUs) and 144,735 stock options. Both grants were reported at $0.00 per share (typical for equity awards) and therefore have no immediate cash purchase or sale value on the Form 4. These awards are compensation/retention-style grants rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-03-30; Filing date: 2026-04-01 (timely filing).
- Grants: 44,684 RSUs and 144,735 options (total 189,419 derivative awards) at $0.00 per share.
- Vesting (RSUs): 14,896 shares vest on 2027-03-30; 14,894 shares vest on 2028-03-30; 14,894 shares vest on 2029-03-30.
- Vesting (Options): Options to purchase 48,245 shares vest and become exercisable on each of 2027-03-30, 2028-03-30, and 2029-03-30 (total 144,735).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes: F1 describes the RSU award and vesting schedule; F2 describes the option grant and vesting schedule. No 10b5-1 plan, tax-withholding sale, or immediate exercise/sale was reported.
Context
These are derivative awards (RSUs and options) that vest over three years; RSUs convert into shares when vested, and options become exercisable when vested (the filing does not indicate any immediate exercise or sale). As a reported 10% owner, Kanders’ receipt of equity is a disclosure of insider compensation/ownership change rather than an open-market buy or sell; such grants are common for alignment/retention and do not by themselves indicate near-term buying or selling intent.