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Cadre Holdings, Inc.·4

Jun 17, 5:27 PM ET

KANDERS WARREN B 4

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Cadre Holdings (CDRE) 10% Owner Warren B. Kanders Sells Shares

What Happened Warren B. Kanders, reported as a 10% owner of Cadre Holdings, sold a total of 225,000 shares of Cadre common stock across three days (June 15–17, 2026), generating about $6,539,000 in proceeds. The transactions reported were sales: 100,000 shares on 2026-06-15 at a weighted average price of $30.03 (F1), 100,000 shares on 2026-06-16 at $28.19 (F2), and 25,000 shares on 2026-06-17 at $28.68 (F3). Each reported price is a weighted average; the filing discloses that individual trades within each day occurred at prices across the ranges noted in the footnotes.

Key Details

  • Transaction dates and reported weighted-average prices:
    • 2026-06-15: 100,000 shares at $30.03 (range reported $29.07–$31.03) (F1)
    • 2026-06-16: 100,000 shares at $28.19 (range reported $26.905–$28.995) (F2)
    • 2026-06-17: 25,000 shares at $28.68 (range reported $28.12–$29.09) (F3)
  • Total shares sold: 225,000; total proceeds ≈ $6,539,000.
  • Shares owned after the transactions: not specified in the excerpt provided (see the full Form 4 for post-transaction holdings).
  • Filing date: Form 4 filed 2026-06-17; the filing does not indicate it was late.
  • Additional filing notes: Kanders is sole manager/member of Kanders SAF, LLC (F4); Allison Kanders is his spouse (F5); Kanders disclaims beneficial ownership except to extent of pecuniary interest (F6).
  • Sales were reported as open market or private sales (transaction code "S").

Context

  • These were outright sales by a large (10%) shareholder, not an option exercise or a stock award—sales are often routine portfolio transactions and do not necessarily indicate company outlook.
  • Footnotes note weighted-average reporting and provide price ranges; the filer offers to supply breakdowns of individual trade prices on request.
  • For retail investors, purchases generally signal more direct insider confidence; sales by large shareholders can reflect diversification or liquidity needs rather than a view on fundamentals. Always check the full Form 4 for post-transaction ownership and any related agreements.