Form 4: Cannae Holdings Director Barry Moullet Receives Restricted Stock Grant

Director Barry Moullet of Cannae Holdings, Inc. received a grant of 6,119 shares of restricted stock.

Summary

• Barry Moullet, a director at Cannae Holdings, Inc., was granted 6,119 shares of restricted common stock.
• The grant was made on November 14, 2024.
• The restricted stock will vest in three equal annual installments, starting on November 14, 2025.
• Following the transaction, Mr. Moullet beneficially owns 24,935 shares of Cannae Holdings stock.

Sentiment

Score: 7

Explanation: The document reflects a standard corporate practice of granting restricted stock to a director, which is generally viewed positively for aligning interests. There are no negative implications.

Positives

• The grant of restricted stock aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the director.

Industry Context

This type of stock grant is a common practice for public companies to incentivize and retain board members and key executives.

Comparison to Industry Standards

• Restricted stock grants are a standard form of compensation for directors in publicly traded companies.
• The vesting schedule of three years is also a common practice to ensure long-term alignment with company performance.
• Companies like Fidelity National Financial (FNF) and Black Knight (BKI) also use similar equity-based compensation for their directors.

Stakeholder Impact

• The stock grant aligns the director's interests with shareholders.
• The vesting schedule encourages long-term value creation.

Key Dates

Keywords

restricted stock, director, beneficial ownership, stock grant, Cannae Holdings, CNNE, vesting