Form 4: Dun & Bradstreet CEO Anthony Jabbour Reports Changes in Beneficial Ownership

CEO Anthony Jabbour reports acquisition and disposal of Dun & Bradstreet Holdings, Inc. common stock.

Summary

• On March 10, 2024, Anthony Jabbour disposed of 228,387 shares of common stock to cover tax obligations at a price of $10.44 per share.
• On March 11, 2024, Jabbour acquired 956,938 shares of restricted common stock at $0.00 per share, which vest in three equal annual installments starting March 11, 2025, contingent on performance criteria.
• Following these transactions, Jabbour directly owns 1,939,331.6063 shares and indirectly owns 1,228,726 shares through The Anthony M. Jabbour 2019 Dynasty Trust, 868,039 shares through The Anthony M. Jabbour Living Trust, 2,650,000 shares through The Anthony M. Jabbour 2023 Grantor Retained Annuity Trust, and 350,000 shares through The JPM Foundation.

Sentiment

Score: 6

Explanation: The document is a routine filing of stock transactions by an executive. The grant of restricted stock is a positive sign, but the disposal of shares to cover taxes is neutral.

Positives

• The grant of restricted stock to the CEO aligns his interests with the long-term performance of the company.
• The vesting of restricted stock is tied to performance criteria, incentivizing the CEO to achieve specific goals.

Risks

• The vesting of the restricted stock is contingent on the achievement of performance criteria, which may not be met.

Future Outlook

The CEO's future compensation is tied to the performance of the company through the vesting of restricted stock.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership percentages.
• The grant of restricted stock could motivate the CEO to improve company performance, benefiting shareholders.

Key Dates