Cannae (NYSE: CNNE) EVP’s shares withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cannae Holdings, Inc. executive Peter T. Sadowski, EVP and Chief Legal Officer, reported two tax-related share dispositions under a Form 4. On February 28, 2026, 3,432 shares of common stock at $12.20 per share were used to satisfy tax obligations, leaving him with 83,141 directly owned shares.
On February 26, 2026, an earlier tax-withholding disposition covered 886 shares at $12.57 per share. Both transactions are coded “F,” indicating payment of exercise price or tax liability by delivering securities, rather than ordinary open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SADOWSKI PETER T
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,432 | $12.20 | $42K |
| Tax Withholding | Common Stock | 886 | $12.57 | $11K |
Holdings After Transaction:
Common Stock — 83,141 shares (Direct)
Footnotes (1)
FAQ
What insider activity did Cannae Holdings (CNNE) report on this Form 4?
The Form 4 reports two tax-related share dispositions by executive Peter T. Sadowski. Shares were delivered to cover tax obligations tied to equity compensation, rather than being sold in open-market trades, and the transactions affected his directly owned common stock position.
Who is the insider involved in the latest Cannae Holdings (CNNE) Form 4?
The insider is Peter T. Sadowski, Executive Vice President and Chief Legal Officer of Cannae Holdings. He reported tax-withholding dispositions of common stock, reflecting shares delivered to satisfy liabilities related to equity awards while retaining a significant directly owned stake after the transactions.
Were the Cannae Holdings (CNNE) Form 4 transactions open-market sales?
No, both transactions are coded “F,” indicating payment of exercise price or tax liability by delivering securities. That means the shares were withheld or delivered for tax or exercise costs, rather than executed as discretionary open-market sales into the public market.