Cadre Holdings (NASDAQ: CDRE) awards CEO new RSUs and options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadre Holdings, Inc. granted CEO and Chairman Warren B. Kanders new equity awards as part of his compensation. He received 44,684 restricted stock units tied to the company’s common stock.
According to the award terms, 14,896 RSUs will vest on March 30, 2027, and 14,894 RSUs will vest on each of March 30, 2028, and March 30, 2029. He was also granted options on 144,735 shares at a $29.39 exercise price, which vest in three equal installments on March 30 of 2027, 2028, and 2029 and expire on March 30, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KANDERS WARREN B
Role
CEO AND CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 44,684 | $0.00 | -- |
| Grant/Award | Stock Option (right to purchase) | 144,735 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 44,684 shares (Direct);
Stock Option (right to purchase) — 144,735 shares (Direct)
Footnotes (1)
- Comprised of a restricted stock units award granted under Cadre Holdings, Inc.'s (the "Issuer") 2021 Stock Incentive Plan (the "Plan"), consisting of 44,684 restricted shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). Of those shares, 14,896 shares will vest and become non-forfeitable on March 30, 2027, and 14,894 shares will vest and become non-forfeitable on each of March 30, 2028, and March 30, 2029, respectively. The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 48,245 shares of the Issuer's Common Stock will vest and become exercisable on each of March 30, 2027, March 30, 2028, and March 30, 2029, respectively.
Key Figures
RSU grant size: 44,684 units
RSU vesting 2027: 14,896 units
RSU vesting 2028: 14,894 units
+5 more
8 metrics
RSU grant size
44,684 units
Restricted stock units awarded to CEO on March 30, 2026
RSU vesting 2027
14,896 units
RSUs vest and become non-forfeitable on March 30, 2027
RSU vesting 2028
14,894 units
RSUs vest and become non-forfeitable on March 30, 2028
RSU vesting 2029
14,894 units
RSUs vest and become non-forfeitable on March 30, 2029
Option grant size
144,735 options
Stock options granted to purchase common shares on March 30, 2026
Option exercise price
$29.39 per share
Conversion or exercise price for stock options
Annual option vesting
48,245 options
Options vest and become exercisable each on March 30, 2027–2029
Option expiration
March 30, 2036
Expiration date of the stock options granted
Key Terms
Restricted Stock Units, Stock Option, 2021 Stock Incentive Plan, vest and become non-forfeitable, +1 more
5 terms
Restricted Stock Units financial
"Comprised of a restricted stock units award granted under Cadre Holdings, Inc.'s 2021 Stock Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option financial
"The option to purchase shares of the Issuer's Common Stock was granted under the Plan"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
2021 Stock Incentive Plan financial
"award granted under Cadre Holdings, Inc.'s (the "Issuer") 2021 Stock Incentive Plan (the "Plan")"
vest and become non-forfeitable financial
"shares will vest and become non-forfeitable on March 30, 2027"
exercisable financial
"Options to purchase 48,245 shares of the Issuer's Common Stock will vest and become exercisable"
FAQ
What equity awards did Cadre Holdings (CDRE) grant to its CEO?
Cadre Holdings granted CEO Warren B. Kanders 44,684 restricted stock units and stock options on 144,735 shares of common stock. These awards are part of his compensation under the company’s 2021 Stock Incentive Plan and vest over three years.
How do the new Cadre (CDRE) restricted stock units vest for the CEO?
The 44,684 restricted stock units vest in three annual tranches. 14,896 units vest on March 30, 2027, and 14,894 units vest on each of March 30, 2028, and March 30, 2029, if service and other plan conditions are satisfied.
What are the key terms of the Cadre (CDRE) stock options granted to the CEO?
The CEO received options on 144,735 Cadre common shares with a $29.39 exercise price. These options vest in three equal installments of 48,245 shares on March 30, 2027, March 30, 2028, and March 30, 2029, and expire on March 30, 2036.
What does the Cadre (CDRE) 2021 Stock Incentive Plan provide in this filing?
In this filing, the 2021 Stock Incentive Plan is the vehicle for granting 44,684 restricted stock units and 144,735 stock options to the CEO. It sets terms such as vesting schedules, exercisability, and conditions under which the awards become non-forfeitable.