FOLEY WILLIAM P II 4
4 · Cannae Holdings, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Cannae (CNNE) 10% Owner William P. Foley II Receives 150,000 RSUs
What Happened
William P. Foley II, reported as a 10% owner of Cannae Holdings, was granted 150,000 restricted stock units (RSUs) on March 9, 2026. The Form 4 lists the acquisition price as $0.00 per unit, indicating an award/grant rather than a cash purchase. RSUs are a promise to deliver common shares upon vesting rather than immediately issued shares.
Key Details
- Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-11 — timely filing).
- Transaction type/code: Award/Grant (A).
- Amount: 150,000 RSUs; reported price per unit: $0.00.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: Each RSU represents the contingent right to one share, includes pass-through voting rights and rights to accrued dividends (if declared) during the vesting period, and is payable on vesting. RSUs vest in three equal annual installments beginning March 9, 2027.
Context
RSU grants are compensation/retention awards and do not represent an immediate market buy or sell. Because these are restricted units that vest over time, they signal a future issuance of shares only if vesting conditions are met. As a 10% owner (not necessarily an executive trading signal), this filing documents an insider award rather than open-market activity.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-09+150,000→ 150,000 total
- 1,008,235
Common Stock
- 748,299(indirect: Folco Development Corp.)
Common Stock
- 236,011(indirect: By Foundation)
Common Stock
- 2,849,803(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents the contingent right to receive one share of the registrant's common stock. The RSUs contain pass-through voting rights and rights to accrued dividends (if any are declared by the Company during the veting period) and are payable on vesting.
- [F2]The RSUs vest in three equal annual installments beginning March 9, 2027.