Cadre (CDRE) 10% Owner Warren Kanders Sells Shares

What Happened Warren B. Kanders, reported as a 10% owner of Cadre Holdings, Inc. (CDRE), sold a total of 200,000 shares in open-market transactions on August 24–25, 2026, for aggregate proceeds of approximately $6,522,600. The filing breaks the sales into four transactions: 65,431 shares at a weighted-average $33.20 ($2,172,309), 34,569 shares at $33.65 ($1,163,247), 55,345 shares at $31.54 ($1,745,581), and 44,655 shares at $32.28 ($1,441,463). These were sales (S), not purchases or option exercises — a liquidity event rather than an indicated buy/hold signal.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-08-24: 65,431 shares @ $33.20 — $2,172,309 (prices in range $32.95–$33.50; filing offers breakdown on request)
  • 2026-08-24: 34,569 shares @ $33.65 — $1,163,247 (prices in range $33.50–$34.00; breakdown available on request)
  • 2026-08-25: 55,345 shares @ $31.54 — $1,745,581 (prices in range $31.26–$31.98; breakdown available on request)
  • 2026-08-25: 44,655 shares @ $32.28 — $1,441,463 (prices in range $32.01–$32.95; breakdown available on request)
• Total sold: 200,000 shares for approximately $6.52 million.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Other filing notes:
  • The filing states the reported prices are weighted averages; specific per-trade prices within each reported range can be supplied by the filer on request (see footnotes F1–F4).
  • F5–F7 notes: the reporting person is the sole manager/member of Kanders SAF, LLC; Allison Kanders is his spouse; and he disclaims beneficial ownership except to the extent of his pecuniary interest.
• Timeliness: Filing dated 2026-08-26 for transactions on Aug 24–25, 2026 — appears to be filed within the Form 4 reporting window (timely).

Context

• As a 10% owner, Kanders is a significant holder; sales by 10% owners are common and typically reflect liquidity needs or portfolio rebalancing rather than a company-specific negative signal. This filing reports outright sales (S) — not option exercises, gifts, or awards.
• No 10b5‑1 trading plan, tax-withholding, or derivative transactions are disclosed in the provided information. If you need the exact per-trade prices or post-transaction holdings, the filer has pledged to provide those details upon request.