Form 4: Cannae Holdings CFO Bryan D. Coy Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Bryan D. Coy, CFO of Cannae Holdings, Inc., disposed of 6,832 shares of common stock on February 28, 2025, to satisfy tax obligations.
Summary
- On February 28, 2025, Bryan D. Coy, the Chief Financial Officer of Cannae Holdings, Inc., disposed of 6,832 shares of common stock.
- The transaction was executed at a price of $20.04 per share.
- Following the transaction, Coy directly owns 100,441 shares of Cannae Holdings, Inc.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO in this case, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal transaction |
| 03/03/2025 | Date of signature by attorney-in-fact |
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