CNNE director awarded 7,818 RS; direct holdings now 207,437

Cannae Holdings (CNNE) reported an insider equity award.

Rhea-AI Filing Summary

Cannae Holdings (CNNE) reported an insider equity award. A director acquired 7,818 shares of common stock on 11/12/2025 as an “A” code transaction, reflecting a grant priced at $0. Following this award, the reporting person beneficially owned 207,437 shares directly.

The grant is described as restricted stock that will vest in three equal annual installments beginning November 12, 2026. The filing also lists 0 shares held indirectly via the Frank and Marisa Martire 2012 Florida Trust after the reported transaction.

Insights

Corporate governance analyst

Routine director equity grant with standard three-year vesting; neutral.

The filing shows a director received 7,818 restricted shares on 11/12/2025, coded as an acquisition from an equity award at $0. This is a typical board compensation mechanism intended to align interests via time-based vesting.

The shares vest in three equal tranches beginning November 12, 2026, which encourages continued service. After the grant, direct beneficial ownership is 207,437 shares; indirect beneficial ownership via the named trust is reported as 0. No sale methods or proceeds are involved in this award.

Insider Trade Summary

Grant/Award: 7,818 shares

Grant/Award 2 txns

Insider MARTIRE FRANK R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,818	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 207,437 shares (Direct); Common Stock — 0 shares (Indirect, Frank and Marisa Martire 2012 Florida Trust)

Footnotes (1)

1. F1. Grant of restricted stock vesting in three equal annual installments beginning November 12, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CNNE disclose in this Form 4?

A director received 7,818 restricted shares on 11/12/2025, an equity grant at $0 price, with post‑grant direct ownership of 207,437 shares.

What is the vesting schedule for the CNNE director’s award?

The restricted stock vests in three equal annual installments beginning November 12, 2026.

How many CNNE shares does the reporting person own after the grant?

The filing reports 207,437 shares beneficially owned directly after the transaction.

Was any cash paid for the CNNE shares in this transaction?

No. The transaction shows an acquisition of 7,818 shares at a price of $0, reflecting a grant of restricted stock.

Does the CNNE Form 4 show any indirect ownership after the transaction?

Yes, it lists 0 shares held indirectly via the Frank and Marisa Martire 2012 Florida Trust after the reported transaction.

What is the relationship of the reporting person to CNNE?

The reporting person is a Director of Cannae Holdings, Inc.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/14/2025 - 04:45 PM EST Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MARTIRE FRANK 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)
11/12/2025

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	11/12/2025		A		7,818(1)	A	$0	207,437	D
Common Stock								0	I	Frank and Marisa Martire 2012 Florida Trust

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. Grant of restricted stock vesting in three equal annual installments beginning November 12, 2026.

	/s/ Carol Nairn, as attorney-in-fact	11/14/2025
	** 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.