Warren Kanders Sells 25,000 Shares of CDRE
CDRE's CEO and Chairman, Warren Kanders, sold shares worth $717,000.
Key Points
- Warren Kanders, CEO and Chairman of CDRE, sold 25,000 shares on June 17, 2026.
- The shares were sold at an average price of $28.68, totaling $717,000.
- This transaction was not part of a pre-planned trading program.
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Warren Kanders, the CEO and Chairman of CDRE, sold 25,000 shares of the company on June 17, 2026. The shares were sold at an average price of $28.68 each, bringing the total transaction value to $717,000. This sale was not conducted under a Rule 10b5-1 trading plan, which means it wasn't pre-scheduled.
Insider Buying and Selling at Cadre Holdings, Inc.
The recent transaction by Warren Kanders involved the sale of 25,000 shares of CDRE at a price of $28.68 per share. The total value of this sale was $717,000. Kanders, who holds the positions of CEO and Chairman, made this move outside of any pre-arranged trading plan.
Bottom Line
Warren Kanders' sale of CDRE shares is a notable transaction given his role as CEO and Chairman. While insider transactions can offer insights into executive sentiment, it's important to remember that sales can occur for many reasons unrelated to the company's prospects. Investors often track such activities to gauge insider confidence, but this transaction should be viewed in context with other market and company developments.
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