Form 4: Cannae Holdings CFO Bryan D. Coy Reports Stock Disposal
SEC Filing
Bryan D. Coy, CFO of Cannae Holdings, Inc., reported the disposal of 6,859 shares of common stock on March 14, 2025, to cover tax obligations.
Summary
- On March 14, 2025, Bryan D. Coy, the Chief Financial Officer of Cannae Holdings, Inc., disposed of 6,859 shares of common stock.
- The transaction was executed at a price of $16.33 per share.
- This disposal was reported on a Form 4 filing with the SEC.
- Following the transaction, Coy directly owns 93,582 shares of Cannae Holdings, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a transaction by an insider, which is a routine occurrence. The disposal of shares to cover tax obligations is a common practice and doesn't necessarily indicate a negative outlook on the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock disposal transaction. |
| 03/17/2025 | Date of signature on the report. |
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