Cannae (NYSE: CNNE) EVP uses 2,435 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cannae Holdings, Inc. executive vice president and chief legal officer Peter T. Sadowski reported a tax-related share disposition. On March 13, 2026, 2,435 shares of common stock were withheld at $11.51 per share to cover tax obligations, rather than sold in the open market. After this transaction, he directly held 101,471 shares of Cannae common stock. Separate holding entries show 157 shares in a Peter Sadowski IRA and 53,640 shares in the Sadowski Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SADOWSKI PETER T
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,435 | $11.51 | $28K |
| holding | Peter Sadowski IRA | -- | -- | -- |
| holding | Sadowski Living Trust | -- | -- | -- |
Holdings After Transaction:
Common Stock — 101,471 shares (Direct);
Peter Sadowski IRA — 157 shares (Direct);
Sadowski Living Trust — 53,640 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Cannae Holdings (CNNE) report for Peter T. Sadowski?
Cannae Holdings reported that EVP and chief legal officer Peter T. Sadowski had 2,435 shares of common stock withheld to cover tax obligations. This was a tax-withholding disposition, not an open-market sale, and occurred on March 13, 2026.
Was Peter T. Sadowski’s CNNE Form 4 a sale or tax withholding?
The Form 4 for Peter T. Sadowski reflects a tax-withholding disposition, coded “F,” rather than an open-market sale. 2,435 shares of Cannae common stock were delivered to satisfy tax liabilities associated with an equity transaction.
Does the CNNE Form 4 show any derivative exercises for Peter T. Sadowski?
No derivative exercises are listed in this Form 4 for Peter T. Sadowski. The filing shows a single tax-withholding event involving 2,435 common shares and additional entries labeled as holdings for a Peter Sadowski IRA and the Sadowski Living Trust.