Cannae (NYSE: CNNE) legal chief granted 20,765 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SADOWSKI PETER T reported acquisition or exercise transactions in this Form 4 filing.
Cannae Holdings EVP and Chief Legal Officer Peter T. Sadowski received a grant of 20,765 shares of common stock on March 9, 2026. The award was granted at no cash cost per share as equity compensation, increasing his directly held shares to 103,906.
The restricted stock vests in three equal annual installments beginning on March 9, 2027, tying the value of this award to Sadowski’s continued service and the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SADOWSKI PETER T
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,765 | $0.00 | -- |
| holding | Peter Sadowski IRA | -- | -- | -- |
| holding | Sadowski Living Trust | -- | -- | -- |
Holdings After Transaction:
Common Stock — 103,906 shares (Direct);
Peter Sadowski IRA — 157 shares (Direct);
Sadowski Living Trust — 53,640 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CNNE executive Peter Sadowski report on this Form 4?
Peter T. Sadowski reported receiving a grant of 20,765 shares of Cannae Holdings common stock. The shares were awarded as restricted stock at no cash cost, increasing his directly held position to 103,906 shares after the grant.
Was the CNNE Form 4 transaction by Peter Sadowski a stock purchase or compensation grant?
The Form 4 shows a compensation-related grant, not an open-market purchase. Sadowski received 20,765 shares of common stock as a restricted stock award, coded as an “A” grant/award acquisition at a price of $0.00 per share.
How does the restricted stock granted to CNNE’s Peter Sadowski vest over time?
The 20,765 restricted shares vest in three equal annual installments. Vesting begins on March 9, 2027, meaning one-third of the award vests each year over three years, aligning the compensation with multi‑year service and performance.
Does the CNNE Form 4 for Peter Sadowski involve any stock sales or option exercises?
The Form 4 does not report any stock sales or option exercises. It shows a single non-derivative transaction: an acquisition of 20,765 restricted common shares as a grant, with no derivative positions or dispositions disclosed.