Small IRA share sale by Cannae (NYSE: CNNE) legal chief Sadowski
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cannae Holdings, Inc. executive vice president and chief legal officer Peter T. Sadowski reported an insider transaction involving his IRA. On April 8, 2026, a non-derivative open-market sale of 157 shares of Cannae common stock was executed at $12.25 per share, leaving the IRA with no remaining shares.
In addition to this IRA activity, Sadowski reported direct holdings of 53,640 shares through the Sadowski Living Trust and 101,471 shares of Cannae common stock held directly after the reported date. The filing does not show any derivative securities, so his reported ownership consists solely of common stock held across these accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 157 shares ($1,923)
Net Sell
3 txns
Insider
SADOWSKI PETER T
Role
EVP, Chief Legal Officer
Sold
157 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Peter Sadowski IRA | 157 | $12.25 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Sadowski Living Trust | -- | -- | -- |
Holdings After Transaction:
Peter Sadowski IRA — 0 shares (Direct, null);
Common Stock — 101,471 shares (Direct, null);
Sadowski Living Trust — 53,640 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold from IRA: 157 shares
Sale price per share: $12.25 per share
Trust holdings after date: 53,640 shares
+1 more
4 metrics
Shares sold from IRA
157 shares
Non-derivative open-market sale on April 8, 2026
Sale price per share
$12.25 per share
Price for 157-share IRA sale on April 8, 2026
Trust holdings after date
53,640 shares
Shares held through Sadowski Living Trust following reported date
Direct common stock holdings
101,471 shares
Directly held Cannae common stock after reported date
Key Terms
open-market sale, non-derivative, IRA
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
""transaction_type": "non-derivative""
IRA financial
""security_title": "Peter Sadowski IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider transaction did CNNE executive Peter T. Sadowski report?
Peter T. Sadowski reported an open-market sale of 157 shares of Cannae Holdings common stock from his IRA. The sale occurred on April 8, 2026, and was reported as a non-derivative transaction on a Form 4 insider filing.
What role does Peter T. Sadowski hold at Cannae Holdings (CNNE)?
Peter T. Sadowski serves as executive vice president and chief legal officer of Cannae Holdings, Inc. This senior management role makes his equity transactions subject to Section 16 reporting, which is why his trades appear on a Form 4 filing.
Were any derivative securities reported for Peter T. Sadowski in this CNNE Form 4?
No derivative securities were reported for Peter T. Sadowski in this Form 4. The filing shows only non-derivative holdings and transactions in Cannae Holdings common stock, with derivativeSummary indicating no remaining derivative positions.