Cannae Holdings (CNNE) EVP reports 1,681-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cannae Holdings, Inc. executive Michael L. Gravelle reported a routine tax-related share disposition. On this Form 4, 1,681 shares of common stock were withheld at $11.08 per share to satisfy tax obligations. After this transaction, he directly holds 182,912 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gravelle Michael L
Role
EVP, Gen'l Counsel, Corp. Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,681 | $11.08 | $19K |
Holdings After Transaction:
Common Stock — 182,912 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Cannae Holdings (CNNE) report for Michael L. Gravelle?
Cannae Holdings reported a tax-related share disposition for Michael L. Gravelle. On the Form 4, 1,681 common shares were withheld to satisfy tax obligations, a non-market transaction classified as a tax-withholding disposition, rather than an open-market purchase or sale.
Was the Cannae Holdings (CNNE) Form 4 a buy or sell by Michael L. Gravelle?
The Form 4 reflects a tax-withholding disposition, not a market buy or sell. Shares were delivered to cover tax liability, categorized under code “F,” which differs from open-market purchase (P) or sale (S) transactions.
What role does Michael L. Gravelle hold at Cannae Holdings (CNNE)?
Michael L. Gravelle serves as an executive officer at Cannae Holdings. His title is EVP, General Counsel, and Corporate Secretary, and the Form 4 reflects his direct ownership and a tax-withholding disposition of common stock.