Cannae Holdings (CNNE) grants director Foley 150,000 RSUs vesting from 2027
Rhea-AI Filing Summary
FOLEY WILLIAM P II reported acquisition or exercise transactions in this Form 4 filing.
Cannae Holdings, Inc. director and ten percent owner William P. Foley II received a grant of 150,000 Restricted Stock Units on March 9, 2026. Each RSU represents the right to receive one share of common stock and carries pass-through voting rights and rights to accrued dividends, if declared, during the vesting period.
The RSUs vest in three equal annual installments beginning on March 9, 2027, so the award is spread over three years. Following this grant, Foley reports 150,000 RSUs directly and direct ownership of 1,008,235 shares of common stock, along with additional indirect common stock holdings through Folco Development Corp., Foley Family Enterprises LLC, and Foley Family Charitable Foundation.
Positive
- None.
Negative
- None.
Insights
Routine multi-year RSU grant to a major insider with sizable existing holdings.
The filing shows William P. Foley II, a director and ten percent owner of Cannae Holdings, receiving 150,000 RSUs. RSUs are a common form of stock-based pay that align an insider’s incentives with long-term share performance.
The units vest in three equal annual installments starting March 9, 2027, meaning the award encourages continued service and longer-term focus. Each RSU includes pass-through voting and dividend rights, so Foley effectively participates in key shareholder rights during the vesting period.
Foley also reports direct ownership of 1,008,235 common shares and additional indirect holdings through Folco Development Corp., Foley Family Enterprises LLC, and Foley Family Charitable Foundation. This pattern and the absence of sales in this filing suggest routine compensation and updated ownership disclosure rather than a directional market signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 150,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents the contingent right to receive one share of the registrant's common stock. The RSUs contain pass-through voting rights and rights to accrued dividends (if any are declared by the Company during the veting period) and are payable on vesting. The RSUs vest in three equal annual installments beginning March 9, 2027.