Warren B. Kanders, CEO, Chairman, and a 10% owner of Cadre Holdings, Inc. (NYSE:CDRE), filed a Form 4 on August 26, 2026, disclosing the sale of 200,000 shares of common stock through Kanders SAF, LLC across August 24 and August 25, 2026.

Key Highlights

  • 200,000 shares sold: Kanders disposed of a total of 200,000 shares of Cadre Holdings common stock (par value $0.0001) over two trading days via Kanders SAF, LLC.
  • August 24 sales: 65,431 shares were sold at a weighted average price of $33.20 per share (range $32.95 to $33.50), and 34,569 shares at a weighted average of $33.65 per share (range $33.50 to $34.00).
  • August 25 sales: 55,345 shares were sold at a weighted average price of $31.54 per share (range $31.26 to $31.98), and 44,655 shares at a weighted average of $32.28 per share (range $32.01 to $32.95).
  • Remaining indirect ownership via Kanders SAF, LLC: Following the transactions, Kanders SAF, LLC holds 9,417,039 shares of common stock on Kanders's behalf.
  • Additional indirect holdings: The filing also reports 1,305,650 shares held indirectly through a Warren B. Kanders Roth IRA and 23,450 shares through an Allison Kanders Roth IRA.
  • Beneficial ownership disclaimer: According to the filing, the reporting person disclaims beneficial ownership of the securities described, "except to the extent of his pecuniary interest in such securities."

Kanders SAF, LLC Share Sales: Transaction Details and Remaining Positions

According to the Form 4 filing, Warren B. Kanders - serving as CEO and Chairman of Cadre Holdings, Inc. (NYSE:CDRE) and identified as a director and 10% owner - disposed of common stock solely through Kanders SAF, LLC, an entity for which the filing states he is the "sole manager and member." All four reported transactions carry transaction code "S," indicating open-market sales. The shares sold were all classified as indirectly held.

The filing discloses that each of the four reported prices is a weighted average, and the transactions involved multiple executions within stated price ranges. For the August 24 transactions, prices ranged from $32.95 to $33.50 for the first tranche and $33.50 to $34.00 for the second. For August 25, ranges were $31.26 to $31.98 and $32.01 to $32.95 respectively. The reporting person has undertaken to provide full per-price detail to the issuer, any security holder, or SEC staff upon request, as noted in the filing's footnotes.

Beyond the Kanders SAF, LLC position of 9,417,039 shares following all reported sales, the filing lists additional positions: 22,888 shares held directly, 1,305,650 shares indirectly through a Warren B. Kanders Roth IRA, and 23,450 shares indirectly through an Allison Kanders Roth IRA - the latter attributed to Kanders's spouse, Allison Kanders. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing reported four open-market sales of Cadre Holdings common stock totaling 200,000 shares over August 24 and 25, 2026, all executed through Kanders SAF, LLC by CEO and Chairman Warren B. Kanders, with remaining indirect and direct beneficial ownership positions also detailed.