SADOWSKI PETER T 4

What Happened
Peter T. Sadowski, EVP and Chief Legal Officer of Cannae Holdings (CNNE), disposed of 4,318 shares as tax-withholding related to option/award activity. The transactions were reported as "Payment of exercise price or tax liability (F)" — 886 shares at $12.57 for $11,137 on 2026-02-26 and 3,432 shares at $12.20 for $41,870 on 2026-02-28, for a combined value of approximately $53,007. These are disposals to satisfy tax obligations (sell-to-cover), not open-market investment sales.

Key Details

• Dates and prices:
  • 2026-02-26: 886 shares @ $12.57 — $11,137 (code F)
  • 2026-02-28: 3,432 shares @ $12.20 — $41,870 (code F)
• Total shares disposed: 4,318; total proceeds (reported) ≈ $53,007.
• Transaction code F indicates shares were delivered/withheld to cover tax liability (common on option exercises or vesting).
• Shares owned after the transactions: not specified in the provided summary — see the filed Form 4 for post-transaction holdings.
• Filing: Form 4 was filed 2026-03-02; based on the trade dates, the filing appears timely (not marked late).
• No footnote in the summary indicating a 10b5-1 trading plan or other special instruction.

Context
These disposals appear to be routine tax-withholding related to option exercise or vesting (a cashless/sell-to-cover mechanism) rather than discretionary open-market selling. Such transactions are common for executives when shares vest or options are exercised and do not necessarily indicate a change in the insider’s view of the company. For full details on holdings or the underlying award/exercise, consult the complete Form 4 filed with the SEC (Accession: 0001704720-26-000049).