Form 4: Thomas H. Lee Affiliates Report Changes in Beneficial Ownership of Dun & Bradstreet Holdings, Inc.

Thomas H. Lee Advisors, along with several affiliated entities and individuals, reported changes in their beneficial ownership of Dun & Bradstreet Holdings, Inc. common stock, including the grant of restricted stock.

Summary

• Thomas H. Lee Advisors, LLC, along with several affiliated entities including THL Equity Fund VIII, L.P., and individuals, filed a Form 4 with the SEC reporting changes in beneficial ownership of Dun & Bradstreet Holdings, Inc. (DNB) common stock.
• The earliest transaction date reported is March 11, 2024.
• The report details the acquisition of Class A Common Stock, including 19,139 shares acquired at $0 by multiple parties.
• It also mentions the holdings of common stock by various THL entities, such as 6,142,612 shares held by THL Equity VIII and 11,184,899 shares held by Parallel Fund VIII.
• Restricted common stock was granted to Thomas M. Hagerty and Gnaneshwar B. Rao for their service on the Issuer's board of directors.
• The filing is split into two parts due to the SEC's EDGAR system limit of 10 reporting persons per form, with Thomas H. Lee Advisors, LLC as the designated filer for both.
• The report includes details of joint filers and their relationships to the issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• Directors are being granted restricted stock, which aligns their interests with the company's performance.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders and major shareholders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure and transactions of major shareholders.

Key Dates