Form 4: Cannae Holdings Executive Peter Sadowski Reports Stock Disposal
SEC Form 4 Filing
EVP and Chief Legal Officer of Cannae Holdings, Peter Sadowski, reports disposing of 2,435 shares of common stock to cover tax obligations.
Summary
- On March 14, 2025, Peter Sadowski, EVP and Chief Legal Officer of Cannae Holdings, Inc., disposed of 2,435 shares of common stock.
- The transaction was executed at a price of $16.33 per share.
- This disposal was likely to cover tax obligations.
- Following the transaction, Sadowski directly owns 87,459 shares of Cannae Holdings, Inc.
- Sadowski also has indirect ownership through a Peter Sadowski IRA (157 shares) and a Sadowski Living Trust (53,640 shares).
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction. 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 for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a relatively small number of shares compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Peter Sadowski disposed of shares. |
| 03/17/2025 | Date of signature by attorney-in-fact. |
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