Browers Blaine 4
4 · Cadre Holdings, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Cadre Holdings (CDRE) CFO Blaine Browers Receives Awards
What Happened
Blaine Browers, Chief Financial Officer of Cadre Holdings (CDRE), was granted a total of 325,500 derivative awards on June 16, 2026, reported on a Form 4 filed June 18, 2026. The awards consist of 48,500 RSUs, 69,500 RSUs, 92,500 stock options, and 115,000 stock options — all recorded at $0.00 (no immediate cash value). These are grants (transaction code A), not sales or exercises.
Key Details
- Transaction date: 2026-06-16; Form 4 filed: 2026-06-18.
- Grants: 48,500 RSUs (F1) and 69,500 RSUs (F2); 92,500 options (F3) and 115,000 options (F4). Total = 325,500 awards. All reported at $0.00 (derivative awards).
- Vesting/conditions: Each award vests or becomes exercisable only if the company's common stock achieves specified VWAP hurdles over a 20‑day consecutive trading period on or before June 16, 2033, and also only after the later of achieving the VWAP hurdle or the third anniversary of grant. Hurdles: $60 VWAP for the 48,500 RSUs and 92,500 options; $80 VWAP for the 69,500 RSUs and 115,000 options.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed two days after the grant; no late‑filing flag provided in the materials.
Context
- RSUs: Restricted stock units convert to shares only if vesting/performance conditions are met — no shares issued today.
- Options: These are grants to purchase shares if and when performance and timing conditions are satisfied; they were not exercised.
- For retail investors: These are long‑dated, performance‑contingent compensation awards rather than open market purchases or sales. They indicate a retention/incentive structure for the CFO but do not represent an immediate cash investment or sale by the insider.
Insider Transaction Report
Form 4
Browers Blaine
CHIEF FINANCIAL OFFICER
Transactions
- Award
Restricted Stock Units
[F1]2026-06-16+48,500→ 48,500 total→ Common Stock (48,500 underlying) - Award
Restricted Stock Units
[F2]2026-06-16+69,500→ 69,500 total→ Common Stock (69,500 underlying) - Award
Stock Option (right to purchase)
[F3]2026-06-16+92,500→ 92,500 totalExercise: $28.75Exp: 2033-06-16→ Common Stock (92,500 underlying) - Award
Stock Option (right to purchase)
[F4]2026-06-16+115,000→ 115,000 totalExercise: $28.75Exp: 2033-06-16→ Common Stock (115,000 underlying)
Footnotes (4)
- [F1]Represents an award of restricted stock units granted under Cadre Holdings, Inc.'s (the "Issuer") 2021 Stock Incentive Plan (the "Plan"), consisting of 48,500 restricted stock units relating to shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). The restricted stock units will vest only if, on or before June 16, 2033, the Common Stock achieves a volume-weighted average trading price ("VWAP") of at least $60.00 per share over a 20 consecutive trading day measurement period, with any such vesting to occur upon the later to occur of the date such VWAP condition is achieved and the third anniversary of the date of grant.
- [F2]Represents an award of restricted stock units granted under the Plan, consisting of 69,500 restricted stock units relating to shares of the Issuer's Common Stock. The restricted stock units will vest only if, on or before June 16, 2033, the Common Stock achieves a VWAP of at least $80.00 per share over a 20 consecutive trading day measurement period, with any such vesting to occur upon the later to occur of the date such VWAP condition is achieved and the third anniversary of the date of grant.
- [F3]The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 92,500 shares of the Issuer's Common Stock will vest and become exercisable only if, on or before June 16, 2033, the Common Stock achieves a VWAP of at least $60.00 per share over a 20 consecutive trading day measurement period, with any such vesting and exercisability to occur upon the later to occur of the date such VWAP condition is achieved and the third anniversary of the date of grant.
- [F4]The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 115,000 shares of the Issuer's Common Stock will vest and become exercisable only if, on or before June 16, 2033, the Common Stock achieves a VWAP of at least $80.00 per share over a 20 consecutive trading day measurement period, with any such vesting and exercisability to occur upon the later to occur of the date such VWAP condition is achieved and the third anniversary of the date of grant.
Signature
/s/ Blaine Browers|2026-06-18