Dun & Bradstreet insider gift reduces direct holding to 1,343,114 shares
Rhea-AI Filing Summary
Dun & Bradstreet Holdings, Inc. (DNB) reporting person Joe A. Reinhardt III, Chief Legal Officer, reported a transaction dated 08/13/2025 on Form 4 showing a gift of 28,000 shares of the company’s common stock. The transaction is coded G and listed with a price of $0.0000, consistent with a transfer by gift rather than a sale.
The form’s explanation states the shares were given to a donor-advised fund and that Mr. Reinhardt has no beneficial interest, control, or dispositive power over the gifted shares. The filing reports 1,343,114.2315 shares beneficially owned following the reported transaction, listed as direct ownership.
Positive
- None.
Negative
- None.
Insights
TL;DR: A routine charitable gift of 28,000 shares was reported; disclosure appears standard and indicates no retained control over gifted shares.
The filing shows a transaction coded G on 08/13/2025 transferring 28,000 shares to a donor-advised fund and explicitly states the reporting person holds no beneficial interest or dispositive power over those shares. From a governance perspective, this is a non-dispositive transfer and raises no immediate governance red flags. The remaining direct holding is reported as 1,343,114.2315 shares, and the form is signed by an attorney-in-fact, consistent with procedural norms.
TL;DR: Insider gift of 28,000 shares recorded; transaction produces no cash proceeds and is presented as a routine disclosure.
The Form 4 records a gift (transaction code G) with a price of $0.0000, indicating transfer without consideration. The recipient is a donor-advised fund and the filer disclaims any continuing beneficial interest or control over the transferred shares. For investors, this is a disclosure of ownership change rather than a sale; the filing provides transparent details on post-transaction direct holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 28,000 | $0.00 | -- |
Footnotes (1)
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