Cannae Holdings (CNNE) EVP granted 20,765 restricted shares in new equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cannae Holdings, Inc. reported that executive vice president and general counsel Michael L. Gravelle received a grant of 20,765 shares of common stock as equity compensation. The grant consists of restricted stock that will vest in three equal annual installments beginning on March 9, 2027. After this award, Gravelle directly holds 184,593 shares of Cannae common stock. This is a compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gravelle Michael L
Role
EVP, Gen'l Counsel, Corp. Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,765 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 184,593 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cannae Holdings (CNNE) report for Michael L. Gravelle?
Cannae Holdings reported that EVP and general counsel Michael L. Gravelle received a grant of 20,765 shares of common stock. These shares are in the form of restricted stock that vest over time as part of his compensation.
Was the Cannae Holdings (CNNE) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. Michael L. Gravelle acquired 20,765 restricted shares at a stated price of $0.00 per share, classified as a grant, award, or other acquisition by the company.
How do the new restricted stock awards for CNNE’s Michael L. Gravelle vest?
The 20,765 restricted shares granted to Michael L. Gravelle vest in three equal annual installments. Vesting begins on March 9, 2027, with additional installments on the following anniversaries, aligning the award with longer-term service and retention.
What does transaction code "A" mean in the Cannae Holdings (CNNE) Form 4 filing?
Transaction code "A" in this Form 4 indicates a grant, award, or other acquisition of securities from the issuer. For Michael L. Gravelle, it reflects a restricted stock award rather than shares bought or sold on the open market.
Does the Cannae Holdings (CNNE) Form 4 indicate any stock sales by Michael L. Gravelle?
The Form 4 does not report any stock sales by Michael L. Gravelle. It shows only one transaction: an acquisition of 20,765 restricted common shares as an equity grant, with no dispositions or tax-withholding events listed.