Williams Brad 4

What Happened
Brad Williams, President of Cadre Holdings, Inc. (CDRE), received grants on June 16, 2026 totaling 385,000 derivative awards: 57,500 RSUs, 82,000 RSUs, 109,500 stock options, and 136,000 stock options. All grants show $0 cash paid (derivative awards). These are awards/grants rather than purchases or sales — they do not result in immediate proceeds or transfers of shares to Williams unless and until vesting/exercise conditions are met.

Key Details

• Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (timely filing).
• Consideration: $0.00 reported for each grant (awarded, not purchased).
• Award totals: 57,500 RSUs (F1), 82,000 RSUs (F2), 109,500 options (F3), 136,000 options (F4) — 385,000 total.
• Vesting/performance conditions:
  • F1/F3 (57,500 RSUs / 109,500 options): vest/exercise only if common stock achieves a VWAP ≥ $60.00 for a 20-consecutive-trading-day period on or before June 16, 2033; vesting/exercisability occurs on the later of the date the VWAP condition is met and the third anniversary of grant.
  • F2/F4 (82,000 RSUs / 136,000 options): similar terms but with a $80.00 VWAP hurdle.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• No 10b5-1 plan, tax-withholding, or late-filing notes disclosed in the provided excerpt.

Context

• RSUs are rights to receive shares if/when vesting conditions are met; options give the right to buy shares if they vest and are exercised. Neither results in immediate new public float unless/when awards vest and are settled/exercised.
• These are performance- and time-conditioned, long-term retention incentives (targets run through 2033), not routine open-market buys or sales — they signal potential future alignment with stock-price performance rather than an immediate insider market view.