Form 4: Dun & Bradstreet Executive Reports Changes in Beneficial Ownership

Joe A. Reinhardt III, Chief Legal Officer of Dun & Bradstreet Holdings, reports changes in beneficial ownership of company stock, including the acquisition of restricted common stock.

Summary

• On March 10, 2024, Joe A. Reinhardt III disposed of 48,589 shares of Common Stock at a price of $10.44.
• On March 11, 2024, Reinhardt acquired 239,235 shares of Common Stock at $0.00.
• Following these transactions, Reinhardt directly owns 1,152,510.49 shares of Dun & Bradstreet Holdings, Inc.
• The acquisition on March 11, 2024, represents a grant of restricted common stock vesting in three equal annual installments beginning on March 11, 2025, subject to performance criteria.
• The amount of shares owned was adjusted to reflect direct ownership of shares through the Dun & Bradstreet Employee Stock Purchase Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports transactions. The acquisition of restricted stock could be seen as a positive sign of management's commitment, but it's a standard practice.

Positives

• The acquisition of restricted stock indicates a long-term commitment by the Chief Legal Officer to the company's success.
• The Employee Stock Purchase Plan allows employees to increase their ownership in the company.

Future Outlook

The restricted common stock vests in three equal annual installments beginning on March 11, 2025, subject to the achievement of performance criteria specified in the reporting person's award agreement.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential alignment with shareholder interests.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, reflecting the executive's stake in the company's performance.

Key Dates