CEO Kanders sold 75,000 shares ($2,068,000) across two tranches; stock down 43.5% from 52-week high at $27.53 current price.
Warren B Kanders, CEO and Chairman, executed two separate sales totaling 75,000 shares (75.0K shares) for $2,068,000.00 across June 18–22, 2026, at a blended average price of $27.57, reducing his holdings by 0.8% to 9,617,039 shares (9.62M shares). The sales occurred as CDRE's stock has declined 43.5% from its 52-week high of $48.76 and is down 9.2% over the prior 30 days and 14.6% over 90 days—a period of material weakness. Examining his prior 5 trades at CDRE, none of the 3 measurable 90-day outcomes from prior sells were well-timed (timing pattern: 0 of 3), and his most recent two sales on 2026-03-23 and 2026-03-20 showed negative 30-day returns of -7.3% and -0.2% respectively, suggesting recent sales have not preceded further declines. His broader track record across all tickers shows a 64.29% well-timed sell rate (16 prior sells), but the same-ticker pattern at CDRE—where 0 of 3 measurable outcomes favored the sell timing—does not align with that cross-ticker performance, warranting scrutiny of whether this particular seller's actions at this name track his demonstrated effectiveness elsewhere.