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

Rhea-AI Filing Summary

Tyler Woodrow, a director of Cannae Holdings, Inc. (CNNE), reported acquiring 854 shares of common stock on 09/30/2025 at a price of $18.31 per share under the company Director Retainer Election Program. Following this transaction, Mr. Woodrow beneficially owns 5,069 shares in a direct capacity. The Form 4 is filed by one reporting person and was signed on behalf of the reporting person by an attorney-in-fact.

Positive

• Director aligned with shareholders by accepting equity through the Director Retainer Election Program
• Transparent disclosure of transaction date, price ($18.31), and resulting beneficial ownership (5,069 shares)

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director took equity in lieu of cash retainer, aligning interests with shareholders but not materially shifting ownership.

The report shows a routine director compensation election where 854 shares were received under the Director Retainer Election Program. Such elections are common governance practices that increase a directors direct equity stake and align incentives with long-term shareholder value. The transaction appears administrative and does not indicate a change in board composition or a personal strategic shift; ownership after the transaction is 5,069 shares, which should be viewed in context of total outstanding shares to assess true influence.

Securities Analyst

TL;DR: Insider acquisition is modest in size and likely immaterial to CNNEs market capitalization.

The acquisition price of $18.31 per share and the 854-share volume reflect an equity-based director retainer election rather than an open-market purchase aimed at changing control. For investors, the key facts are the transaction date (09/30/2025), the method (Director Retainer Election Program), and resulting direct beneficial ownership of 5,069 shares. This disclosure fulfills Section 16 reporting obligations without suggesting a material corporate development.

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^*

Tyler Woodrow

(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		854(1)	A	$18.31	5,069	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 Tyler Woodrow report on the Form 4 for CNNE?

He reported acquiring 854 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 Tyler Woodrow own after the transaction?

Following the reported transaction, he beneficially owns 5,069 shares in a direct capacity.

What program was used to acquire the CNNE shares?

The shares were obtained under the company Director Retainer Election Program, as stated in the Form 4 explanation.

When was the Form 4 filed and who signed it?

The report shows the transaction date as 09/30/2025 and the Form 4 was signed by Carol Nairn, as attorney-in-fact on 10/01/2025.

Was this Form 4 filed by multiple reporting persons?

No. The filing indicates Form filed by One Reporting Person.