Form 4: Cannae Holdings CFO Bryan D. Coy Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Bryan D. Coy, CFO of Cannae Holdings, Inc., disposed of shares to cover tax obligations related to a restricted stock award.
Summary
- On March 15, 2024, Bryan D. Coy, the Chief Financial Officer of Cannae Holdings, Inc., disposed of 4,314 shares of common stock.
- The shares were disposed of to cover tax obligations related to the vesting of a restricted stock award.
- The transaction was executed at a price of $21.96 per share.
- Following the transaction, Coy directly owns 99,589 shares of Cannae Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't convey any particularly positive or negative sentiment, as it simply reports a transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard practice of covering tax obligations through share disposal.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders, as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: disposal of shares. |
| 03/18/2024 | Date of signature by attorney-in-fact. |
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