Fidelity National (NYSE: FNF) legal chief sells 69,196 shares in trust trade
Rhea-AI Filing Summary
Fidelity National Financial EVP and Chief Legal Officer Peter T. Sadowski reported an open-market sale of 69,196 shares of Common Stock at an average price of $45.7017 per share. The shares were sold indirectly through a trust, with 5,702 shares remaining in that trust after the transaction.
As of the same date, he also reported 192,111.297 shares of Common Stock held directly and 2,606.07 shares held indirectly in a 401(k) account. The sale was executed in multiple trades at prices ranging from $45.95 to $46.02, with detailed trade information available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 69,196 shares
Net Sell
3 txns
Insider
SADOWSKI PETER T
Role
EVP, Chief Legal Officer
Sold
69,196 shs ($3.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 69,196 | $45.7017 | $3.16M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,702 shares (Indirect, Trust);
Common Stock — 192,111.297 shares (Direct);
Common Stock — 2,606.07 shares (Indirect, 401(k) account)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $45.95 to $46.02. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- F2. Amount adjusted to reflect shares acquired under the registrant's Employee Stock Purchase Plan.
Key Figures
Shares sold: 69,196 shares
Average sale price: $45.7017 per share
Price range: $45.95–$46.02
+3 more
6 metrics
Shares sold
69,196 shares
Open-market sale of Common Stock on 2026-06-26
Average sale price
$45.7017 per share
Common Stock sale via trust
Price range
$45.95–$46.02
Multiple trade executions for the sale
Trust holdings after sale
5,702 shares
Indirect ownership in trust following transaction
Direct holdings
192,111.297 shares
Directly held Common Stock as of transaction date
401(k) holdings
2,606.07 shares
Indirect ownership through 401(k) account
Key Terms
open-market sale, indirect ownership, 401(k) account, Employee Stock Purchase Plan
4 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.
indirect ownership financial
"indirect ownership through a trust and 401(k) account"
401(k) account financial
"indirect or indirect ownership: 401(k) account"
Employee Stock Purchase Plan financial
"shares acquired under the registrant's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FNF executive Peter T. Sadowski report?
Peter T. Sadowski reported an open-market sale of 69,196 Fidelity National Financial common shares at an average price of $45.7017. The sale was made indirectly through a trust, as disclosed in a Form 4 insider trading report.
Did Peter T. Sadowski’s FNF Form 4 mention an Employee Stock Purchase Plan?
Yes. A footnote states that one reported holding amount was adjusted to reflect shares acquired under the registrant’s Employee Stock Purchase Plan, indicating participation in that plan alongside the reported sale.