Director at Cannae (NYSE: CNNE) awarded 1,129 shares as retainer compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harris Hugh R reported acquisition or exercise transactions in this Form 4 filing.
Cannae Holdings director Hugh R. Harris received a grant of 1,129 shares of common stock at $14.40 per share under the company’s Director Retainer Election Program. This compensation-related award is not an open-market transaction and increases his direct holdings to 70,446 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Hugh R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,129 | $14.40 | $16K |
Holdings After Transaction:
Common Stock — 70,446 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,129 shares
Grant price: $14.40 per share
Shares owned after grant: 70,446 shares
3 metrics
Shares granted
1,129 shares
Director stock grant under Retainer Election Program
Grant price
$14.40 per share
Value used for the 1,129-share award
Shares owned after grant
70,446 shares
Director’s direct holdings following the transaction
Key Terms
Director Retainer Election Program, Common Stock, Grant, award, or other acquisition
3 terms
Director Retainer Election Program financial
"Shares obtained under Director Retainer Election Program."
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did CNNE director Hugh R. Harris report?
Hugh R. Harris reported receiving 1,129 CNNE common shares as a grant. The shares were awarded under Cannae Holdings’ Director Retainer Election Program and are classified as a grant or award acquisition, not an open-market purchase or sale.
Is the CNNE Form 4 transaction a stock purchase or compensation grant?
The CNNE Form 4 shows a compensation grant, not a market purchase. The transaction code is “A” for grant or award, and the footnote explains the shares were obtained under the Director Retainer Election Program, indicating routine director compensation.
Does the CNNE Form 4 involve any derivative securities or option exercises?
No derivative securities or option exercises are reported in this Form 4. The filing only lists a non-derivative common stock grant, and the derivative summary section is empty, indicating no options, warrants, or similar instruments were transacted.