Cannae Holdings (NYSE: CNNE) director receives 2,171-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schaible Cherie L reported acquisition or exercise transactions in this Form 4 filing.
Cannae Holdings director Cherie L. Schaible received 2,171 shares of Common Stock on a grant basis valued at $14.40 per share. These shares were obtained under the company’s Director Retainer Election Program and increased her directly held stake to 10,861 shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schaible Cherie L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,171 | $14.40 | $31K |
Holdings After Transaction:
Common Stock — 10,861 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,171 shares
Grant price: $14.40 per share
Shares after transaction: 10,861 shares
3 metrics
Shares granted
2,171 shares
Director equity award on transaction date
Grant price
$14.40 per share
Value used for the common stock award
Shares after transaction
10,861 shares
Director’s direct holdings following the grant
Key Terms
Form 4, Director Retainer Election Program, transaction code “A”, Common Stock
4 terms
Form 4 regulatory
"What did Cannae Holdings (CNNE) director Cherie Schaible report on this Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Director Retainer Election Program financial
"Shares obtained under the Director Retainer Election Program."
transaction code “A” regulatory
"Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition"
Common Stock financial
"Director Cherie L. Schaible reported an acquisition of 2,171 Cannae Holdings common shares as a grant."
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.
FAQ
What did Cannae Holdings (CNNE) director Cherie Schaible report on this Form 4?
Director Cherie L. Schaible reported an acquisition of 2,171 Cannae Holdings common shares as a grant. The award was made at $14.40 per share, increasing her directly held position to 10,861 shares after the transaction.
Was the Cannae Holdings (CNNE) Form 4 transaction a market purchase or a grant?
The Form 4 shows a grant or award, not a market purchase. The 2,171 Cannae Holdings common shares were obtained under the Director Retainer Election Program, classified with transaction code “A” for a grant or other acquisition.
What does transaction code “A” mean in the Cannae Holdings (CNNE) Form 4?
Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of securities. For Cannae Holdings, it shows Cherie L. Schaible received 2,171 common shares as part of the Director Retainer Election Program rather than buying them on the market.