Form 4: DNB Chief Legal Officer Sells Shares for Tax

Dun & Bradstreet's Chief Legal Officer, Joe A. Reinhardt III, disposed of 10,319 shares of common stock to cover tax withholding obligations.

Summary

• Joe A. Reinhardt III, the Chief Legal Officer of Dun & Bradstreet Holdings, Inc. (DNB), reported a transaction on August 5, 2025.
• The transaction involved the disposition of 10,319 shares of DNB common stock.
• The shares were disposed of at a price of $9.11 per share.
• This disposition was coded as 'F', indicating a transaction to satisfy tax withholding obligations.
• Following this transaction, Joe A. Reinhardt III beneficially owns 1,371,114.2315 shares of common stock directly.
• The reported amount of shares beneficially owned was adjusted to reflect shares acquired through participation in the Dun & Bradstreet Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax withholding purposes, which is a non-discretionary event and generally considered neutral in terms of sentiment. It does not indicate a change in management's confidence or the company's operational performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction disclosure and does not provide broader insights into industry trends or competitive landscape. It reflects a standard practice for executives to sell shares to cover tax obligations arising from equity compensation.

Related Party Transactions

• The amount of shares beneficially owned was adjusted to reflect shares acquired through participation in the Dun & Bradstreet Employee Stock Purchase Plan, which is a company-sponsored program.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but the transaction is for tax purposes and not indicative of a discretionary sale.
• Employees: The mention of the Employee Stock Purchase Plan indicates ongoing employee equity participation programs.

Key Dates

Keywords

Dun & Bradstreet, DNB, Insider Trading, SEC Form 4, Share Sale, Chief Legal Officer, Stock Disposition, Tax Withholding