Form 4: DNB Chief Legal Officer Gifts Shares

Dun & Bradstreet's Chief Legal Officer, Joe A. Reinhardt III, gifted 28,000 shares of common stock to a donor advised fund.

Summary

• Joe A. Reinhardt III, Chief Legal Officer of Dun & Bradstreet Holdings, Inc. (DNB), disposed of 28,000 shares of common stock.
• The transaction occurred on August 13, 2025, and was a gift to a donor advised fund.
• The shares were gifted at a price of $0.0000 per share.
• Following this transaction, Mr. Reinhardt beneficially owns 1,343,114.2315 shares of DNB common stock.
• Mr. Reinhardt retains no beneficial interest, control, or dispositive power over the gifted shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While it's a disposition of shares by an insider, it's a gift for charitable purposes, which does not imply a lack of confidence in the company. It is a routine personal financial event for an executive.

Positives

• The transaction represents a charitable contribution by a senior executive, potentially reflecting positively on corporate social responsibility.
• No cash outflow from the company is involved.

Negatives

• A reduction in direct insider ownership, though for charitable purposes, slightly decreases the alignment of the executive's personal holdings with shareholder interests.

Risks

• No specific risks to the company's operations or financial health are indicated by this transaction.

Future Outlook

No forward-looking statements or guidance are provided, as this pertains solely to an insider stock transaction.

Industry Context

This details a routine insider stock transaction and does not provide information relevant to broader industry trends or competitive dynamics within the business data and analytics sector.

Related Party Transactions

• The gift of shares to a donor advised fund could be considered a related party transaction in a broad sense, as it involves a senior executive's personal disposition of company stock for charitable purposes.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but the charitable nature mitigates negative perception.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Keywords

Dun & Bradstreet, DNB, Insider Transaction, Form 4, Stock Gift, Executive Compensation, Joe Reinhardt, Chief Legal Officer, Share Disposition