SCHEDULE: Cannae Holdings Stake Update by William P. Foley, II

William P. Foley, II has updated his beneficial ownership filing for Cannae Holdings, Inc., reporting 4,992,348 shares, representing 11.3% of the outstanding common stock.

Summary

• William P. Foley, II has filed an amendment (Amendment No. 2) to his Schedule 13G, updating his beneficial ownership of Cannae Holdings, Inc. common stock.
• As of May 11, 2026, Mr. Foley beneficially owns 4,992,348 shares, which constitutes 11.3% of the company's outstanding common stock.
• This ownership includes shares held directly, through Folco Development Corporation, Foley Family Charitable Foundation, Foley Family Enterprises LLC, and 150,000 restricted stock units granted on March 9, 2026, which have pass-through voting rights.
• The increase in percentage ownership is attributed to a decrease in the total number of outstanding shares reported by Cannae Holdings, Inc. in its Form 10-Q filed on May 11, 2026.
• Mr. Foley has sole voting power over 4,992,348 shares and sole dispositive power over 4,842,348 shares, with no shared voting or dispositive power reported.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily an administrative update on beneficial ownership without new financial performance data or strategic announcements.

Positives

• William P. Foley, II maintains a significant ownership stake of 11.3% in Cannae Holdings, Inc., indicating continued confidence and investment in the company.
• The restricted stock units granted on March 9, 2026, with pass-through voting rights, demonstrate ongoing alignment between management and shareholder interests.
• The filing reflects an updated understanding of the company's outstanding shares, suggesting active monitoring of its capital structure.

Negatives

• The filing does not contain any negative financial results or operational challenges.
• The decrease in total outstanding shares, while increasing Mr. Foley's percentage ownership, could imply share buybacks or other capital management actions that may warrant further investigation into their strategic implications.

Risks

• The primary risk highlighted is the potential for changes in the total number of outstanding shares, which can impact percentage ownership calculations.
• The restricted stock units are subject to vesting, meaning Mr. Foley's dispositive power over those shares is not immediate.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. However, the update in ownership percentage due to changes in outstanding shares suggests ongoing capital management activities by the company.

Management Comments

• The amounts reflected in the Sole Voting Power and Aggregate Amount Beneficially Owned by the Reporting Person are inclusive of 150,000 restricted stock units granted to the Reporting Person on March 9, 2026, which contain pass-through voting rights to the Reporting Person.
• Such restricted stock units are excluded from the Reporting Person's Sole Dispositive Power as the Reporting Person does not have the power to dispose of the shares underlying the restricted stock units until they vest.
• On May 11, 2026, the Issuer filed its Quarterly Report on Form 10-Q and reported a decrease in its total Common Stock outstanding. As a result, the Reporting Person's ownership changed by more than one percent from its ownership reported in the Schedule 13G originally filed.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard for institutional investors and significant individual shareholders to report their stakes. This update from William P. Foley, II, a prominent figure in the investment community, provides insight into his continued substantial interest in Cannae Holdings, Inc., especially in light of potential shifts in the company's share structure.

Related Party Transactions

• Shares held by Folco Development Corporation (Reporting Person and spouse are sole shareholders).
• Shares held by Foley Family Charitable Foundation (controlled by Reporting Person and spouse).
• Shares held by Foley Family Enterprises LLC (controlled by Reporting Person and spouse).

Stakeholder Impact

• Shareholders: The filing confirms a significant stake held by a key individual, potentially influencing market perception and strategic direction.
• Management: The restricted stock units with pass-through voting rights indicate continued engagement and alignment with management's interests.
• Creditors: No direct impact mentioned, but significant ownership changes can indirectly affect company stability and creditworthiness.

Next Steps

• Monitor future filings for any further changes in William P. Foley, II's beneficial ownership.
• Observe Cannae Holdings, Inc.'s capital management strategies following the reported decrease in outstanding shares.

Key Dates

Keywords

Cannae Holdings, William P. Foley, II, Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Shareholder, Restricted Stock Units, Form 10-Q