[Form 4] Cannae Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Hugh R. Harris, a director of Cannae Holdings, Inc. (CNNE), acquired 888 shares of the company's common stock on 09/30/2025 at a price of $18.31 per share under the Director Retainer Election Program. Following this transaction, Mr. Harris beneficially owned 59,035 shares in a direct capacity. The Form 4 filing was executed on 10/01/2025 by Carol Nairn as attorney-in-fact. The report reflects a routine issuance tied to director compensation rather than an open-market purchase or sale.

Positive

• Acquisition under Director Retainer Election Program documented, showing transparent disclosure of director compensation
• Post-transaction direct beneficial ownership is stated as 59,035 shares, clarifying holdings after the grant

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received equity via a standard retainer program, increasing direct holdings to 59,035 shares.

The filing documents a non-derivative grant of 888 common shares to a director under the companys Director Retainer Election Program on 09/30/2025 at $18.31 per share. This is a compensatory issuance rather than a market transaction and is typical for aligning director incentives with shareholder interests. The disclosure is complete for this event and identifies the reporting person and execution by an attorney-in-fact on 10/01/2025.

Securities Analyst

TL;DR: Routine insider acquisition from compensation plan; immaterial on its own but increases directors direct stake to 59,035 shares.

The Form 4 shows 888 shares were acquired as part of a director compensation election, priced at $18.31, with post-transaction direct beneficial ownership of 59,035 shares. The transaction type is coded as an acquisition under a retainer program and is disclosed via attorney-in-fact signature dated 10/01/2025. The filing contains the essential details required by Section 16 reporting.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Harris Hugh R

(Last) (First) (Middle)

1701 VILLAGE CENTER CIRCLE

(Street)

LAS VEGAS NV 89134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cannae Holdings, Inc. [ CNNE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		A		888(1)	A	$18.31	59,035	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares obtained under the Director Retainer Election Program.

	/s/ Carol Nairn, as attorney-in-fact	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CNNE director Hugh R. Harris report on Form 4?

The Form 4 reports that Hugh R. Harris acquired 888 shares of Cannae Holdings common stock on 09/30/2025 at $18.31 per share under the Director Retainer Election Program.

How many CNNE shares does Hugh R. Harris beneficially own after the transaction?

Following the reported acquisition, Mr. Harris beneficially owned 59,035 shares in a direct capacity.

Was the transaction a market purchase or a compensation issuance for CNNE?

The filing states the shares were obtained under the Director Retainer Election Program, indicating a compensatory issuance rather than an open-market trade.

When was the Form 4 for CNNE signed and by whom?

The Form 4 was signed on 10/01/2025 by Carol Nairn acting as attorney-in-fact for the reporting person.

What price per share was reported for the CNNE transaction?

The reported price per share for the acquisition was $18.31.