Form 4: D&B CEO Jabbour Reports Equity Transaction

Dun & Bradstreet CEO Anthony M. Jabbour reported a disposition of 82,547 common shares for tax withholding, alongside an increase in beneficial ownership from an Employee Stock Purchase Plan.

Summary

• Anthony M. Jabbour, CEO and Director of Dun & Bradstreet Holdings, Inc. (DNB), reported a transaction on August 5, 2025.
• Jabbour disposed of 82,547 shares of common stock at a price of $9.11 per share.
• This disposition was coded as "F," indicating it was to satisfy tax withholding obligations related to equity awards.
• Following this transaction, Jabbour directly beneficially owns 3,621,898.2233 shares of common stock.
• Indirect beneficial ownership includes 1,228,726 shares held by The Anthony M. Jabbour 2019 Dynasty Trust, 2,565,139 shares by The Anthony M. Jabbour Living Trust, 4,347,100 shares by The Anthony M. Jabbour 2023 Grantor Retained Annuity Trust, and 350,000 shares by The JPM Foundation.
• The reported direct beneficial ownership amount was adjusted to reflect shares acquired through participation in the Dun & Bradstreet Employee Stock Purchase Plan.

Sentiment

Score: 6

Explanation: The transaction is largely neutral as it's a non-discretionary tax-related disposition. The positive aspect is the mention of shares acquired through an Employee Stock Purchase Plan, indicating continued participation and investment by the CEO.

Positives

• The reporting person's direct beneficial ownership increased due to participation in the Dun & Bradstreet Employee Stock Purchase Plan (ESPP).
• The disposition of shares was non-discretionary, primarily for tax withholding purposes, rather than a voluntary sale.

Negatives

• A disposition of 82,547 shares occurred, although it was for tax purposes.

Industry Context

This is a routine insider transaction filing for a CEO, common across all industries for executives receiving equity compensation. It does not provide specific industry trends.

Stakeholder Impact

• Shareholders: Provides transparency on executive stock holdings and non-discretionary transactions. The CEO's continued participation in the ESPP may be viewed positively.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares by the CEO for tax withholding purposes, which is a common occurrence for executives with equity compensation. It also notes an increase in beneficial ownership due to ESPP participation. Such a transaction typically has minimal impact on the company's fundamentals or stock valuation and does not warrant a change in investment recommendation based solely on this filing. The overall position of the CEO remains substantial, indicating continued alignment with shareholder interests.

Keywords

Dun & Bradstreet, DNB, Anthony M. Jabbour, SEC Form 4, Insider Transaction, CEO, Stock Disposition, Tax Withholding, Employee Stock Purchase Plan, Corporate Governance