Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-23

Cadre Holdings, Inc. (CDRE)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$6,789,841
Warren Kanders total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against CDRE
1 company names CDRE as a compensation peer

Each company listed discloses CDRE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CDRE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Warren Kanders$1,700,000$2,244,000$1,314,920$1,317,868$0$0$213,054$6,789,841
Chief Executive Officer
Brad Williams700,000924,000541,454542,6550037,6732,745,782
President
Blaine Browers625,000770,000451,212452,2110037,4332,335,856
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Warren Kanders$6,789,841$6,532,418+257,423
Brad Williams2,745,7822,588,054+157,728
Blaine Browers2,335,8561,964,551+371,305

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Warren B. KandersDirector2026-06-15D100,000$30$3,003,000Common, indirectForm 4 ↗
Warren B. KandersDirector2026-06-15D100,000282,819,000Common, indirectForm 4 ↗
Warren B. KandersDirector2026-06-15D25,00029717,000Common, indirectForm 4 ↗
William QuigleyDirector2026-06-16A17,39300Derivative, Class A CommonForm 4 ↗
Hamish NortonDirector2026-06-16A17,39300Derivative, Class A CommonForm 4 ↗
Nicholas SokolowDirector2026-06-16A17,39300Derivative, Class A CommonForm 4 ↗
Brad WilliamsPRESIDENT2026-06-16A57,50000Derivative, Class A CommonForm 4 ↗
Brad WilliamsPRESIDENT2026-06-16A109,50000Derivative, Class A CommonForm 4 ↗
Warren B. KandersDirector2026-06-16A373,00000Derivative, Class A CommonForm 4 ↗
Warren B. KandersDirector2026-06-16A496,50000Derivative, Class A CommonForm 4 ↗
Warren B. KandersDirector2026-06-16A616,50000Derivative, Class A CommonForm 4 ↗
Warren B. KandersDirector2026-06-16A261,00000Derivative, Class A CommonForm 4 ↗
Mary KisselDirector2026-06-16A17,39300Derivative, Class A CommonForm 4 ↗
Blaine BrowersCHIEF FINANCIAL OFFICER2026-06-16A92,50000Derivative, Class A CommonForm 4 ↗
Blaine BrowersCHIEF FINANCIAL OFFICER2026-06-16A115,00000Derivative, Class A CommonForm 4 ↗
Brad WilliamsPRESIDENT2026-06-16A136,00000Derivative, Class A CommonForm 4 ↗
Blaine BrowersCHIEF FINANCIAL OFFICER2026-06-16A48,50000Derivative, Class A CommonForm 4 ↗
Blaine BrowersCHIEF FINANCIAL OFFICER2026-06-16A69,50000Derivative, Class A CommonForm 4 ↗
Brad WilliamsPRESIDENT2026-06-16A82,00000Derivative, Class A CommonForm 4 ↗
Warren B. KandersDirector2026-06-18D25,00028696,500Common, indirectForm 4 ↗
Warren B. KandersDirector2026-06-18D50,000271,371,500Common, indirectForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Brad WilliamsOTHER$541,454
Warren KandersOTHER1,314,920
Blaine BrowersOTHER451,212
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Warren KandersOption70,45434.66
Blaine BrowersRSU150,0004,845,000
Brad WilliamsRSU200,0008,168,000
Brad WilliamsRSU15,510633,428
Brad WilliamsRSU4,191171,160
Blaine BrowersRSU3,393138,570
Brad WilliamsOption28,40934.66
Blaine BrowersRSU6,564268,073
Blaine BrowersOption20,68234.66
Blaine BrowersRSU12,925527,857
Blaine BrowersOption12,40520.53
Blaine BrowersOption1,984,14419.1
Warren KandersRSU37,6661,538,279
Warren KandersRSU22,360913,182
Warren KandersRSU11,455467,822
Warren KandersOption41,88620.53
Brad WilliamsRSU9,016368,213
Brad WilliamsOption15,32420.53
05

Incentive-plan design — the Compensation Discussion & Analysis

Cadre has designed, and intends to modify as necessary or appropriate, its compensation and benefits program to attract, retain, incentivize and reward deeply talented and qualified executives who share its philosophy and desire to work towards achieving Cadre's goals. Cadre believes its compensation program should promote the success of the company and align executive incentives with the long-term interests of its shareholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingFalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
202613,386

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
2026a

a. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gianmaria C. DelzannoIndependent · Lead Independent Director · Audit · Compensation · Nominating/Governance (Chair) · Not standing for re-election · Departed during FYDeparted the Cadre Holdings board; confirmed directly by the director 2026-09-02 (see correction_evidence). Post-dates the FY2025 proxy, which still seats him.$95,000$0$146,880$0$506$242,386
William QuigleyIndependent · Audit (Chair)92,5000146,88001,248240,628
Hamish NortonIndependent · Audit · Compensation (Chair) · Nominating/Governance80,0000146,88000226,880
Deborah A. DeCotisIndependent · Compensation · Not standing for re-election65,0000146,88000211,880
Warren B. KandersEmployee director · Board Chair00000
Mary KisselIndependent · Newly elected000000
Nicholas SokolowIndependent000000
09

Board fee structure and ownership guideline

Annual cash retainer$65,000
Annual equity retainer$161,600
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)27,500 / 15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$332,500
Equity awards (grant-date value)$0
All other compensation$1,754
Total cost of the board$334,254

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Cadre Holdings, Inc.2025Warren Kanders$1,700,000$1,314,920$1,317,868$0$6,789,841

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

FAQ

Frequently asked questions

Who was the highest-paid executive at Cadre Holdings, Inc. in fiscal 2025?
Warren Kanders, Chief Executive Officer, received total compensation of $6,789,841 in fiscal 2025.
How does Cadre Holdings, Inc.'s chief executive pay compare to its disclosed peer group?
The company reported that the CEO's pay percentile among disclosed peers was not disclosed.
What is Cadre Holdings, Inc.'s CEO-to-median employee pay ratio?
The filing shows that the CEO-to-median employee pay ratio was not disclosed.
How did shareholders vote on Cadre Holdings, Inc.'s executive compensation?
Shareholder support for the latest executive compensation vote was not disclosed.
How much does Cadre Holdings, Inc. spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $334,254.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Warren KandersDEF 14A2026-04-240001104659-26-048191Section “Summary Compensation Table”. As printed: 6,789,841. Filing ↗machine: t4 · r2 · c53 · span 245198–245207
2Section 01, Brad WilliamsDEF 14A2026-04-240001104659-26-048191Section “Summary Compensation Table”. As printed: 2,745,782. Filing ↗machine: t4 · r5 · c53 · span 260658–260667
3Section 01, Blaine BrowersDEF 14A2026-04-240001104659-26-048191Section “Summary Compensation Table”. As printed: 2,335,856. Filing ↗machine: t4 · r8 · c53 · span 276101–276110
4Section 03, Brad Williams OTHERDEF 14A2026-04-240001104659-26-048191Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t4 · r5 · c23 · span 257892–257899
5Section 03, Warren Kanders OTHERDEF 14A2026-04-240001104659-26-048191Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t4 · r2 · c23 · span 242427–242436
6Section 03, Blaine Browers OTHERDEF 14A2026-04-240001104659-26-048191Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t4 · r8 · c23 · span 273335–273342
7Section 07, pay ratio10-K2026-03-100001104659-26-025862Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Gianmaria C. DelzannoDEF 14A2026-04-240001104659-26-048191Section “Director Compensation”. As printed: 242,386. Filing ↗machine: t2 · r1 · c41 · span 179551–179558
9Section 08, William QuigleyDEF 14A2026-04-240001104659-26-048191Section “Director Compensation”. As printed: 240,628. Filing ↗machine: t2 · r2 · c41 · span 183761–183768
10Section 08, Hamish NortonDEF 14A2026-04-240001104659-26-048191Section “Director Compensation”. As printed: 226,880. Filing ↗machine: t2 · r3 · c41 · span 187996–188003
11Section 08, Deborah A. DeCotisDEF 14A2026-04-240001104659-26-048191Section “Director Compensation”. As printed: 211,880. Filing ↗machine: t2 · r4 · c41 · span 192211–192218
12Section 08, Warren B. KandersDEF 14A2026-04-240001104659-26-048191Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Mary KisselDEF 14A2026-04-240001104659-26-048191Section “Director Compensation”. As printed: 0. Filing ↗
14Section 08, Nicholas SokolowDEF 14A2026-04-240001104659-26-048191Section “Director Compensation”. As printed: 0. Filing ↗
15Section 02, Warren B. Kanders 2026-06-15Form 42026-06-170001104659-26-075232Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Warren B. Kanders 2026-06-15Form 42026-06-170001104659-26-075232Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Warren B. Kanders 2026-06-15Form 42026-06-170001104659-26-075232Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, William Quigley 2026-06-16Form 42026-06-180001104659-26-075753Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Hamish Norton 2026-06-16Form 42026-06-180001104659-26-075750Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Nicholas Sokolow 2026-06-16Form 42026-06-180001104659-26-075748Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Brad Williams 2026-06-16Form 42026-06-180001104659-26-075741Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Brad Williams 2026-06-16Form 42026-06-180001104659-26-075741Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Warren B. Kanders 2026-06-16Form 42026-06-180001104659-26-075735Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Warren B. Kanders 2026-06-16Form 42026-06-180001104659-26-075735Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Warren B. Kanders 2026-06-16Form 42026-06-180001104659-26-075735Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Warren B. Kanders 2026-06-16Form 42026-06-180001104659-26-075735Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Mary Kissel 2026-06-16Form 42026-06-180001104659-26-075755Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Blaine Browers 2026-06-16Form 42026-06-180001104659-26-075743Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Blaine Browers 2026-06-16Form 42026-06-180001104659-26-075743Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Brad Williams 2026-06-16Form 42026-06-180001104659-26-075741Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Blaine Browers 2026-06-16Form 42026-06-180001104659-26-075743Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Blaine Browers 2026-06-16Form 42026-06-180001104659-26-075743Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Brad Williams 2026-06-16Form 42026-06-180001104659-26-075741Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Warren B. Kanders 2026-06-18Form 42026-06-230001104659-26-076823Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Warren B. Kanders 2026-06-18Form 42026-06-230001104659-26-076823Insider equity transaction reported since the proxy statement. Filing ↗
36Section 06, 2026 voteForm 8-K2026-04-240001104659-26-048191Item 5.07 · say-on-pay result. As reported: —. Filing ↗
37Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
38Section 09b board cost (computed)ComputedcomputedCash 332,500 + equity 0 + all other 1,754 = 334,254, summed across the director compensation table rows.machine: formula: Σ = 334,254
39Cadre Holdings, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-240001104659-26-048191CEO total compensation as printed in Cadre Holdings, Inc.'s own proxy. As printed: 6,789,841. Filing ↗machine: t4 · r2 · c53 · span 245198–245207