SADOWSKI PETER T 4
Research Summary
AI-generated summary
Cannae (CNNE) EVP Peter Sadowski Receives 20,765-Share Award
What Happened
- Peter T. Sadowski, EVP and Chief Legal Officer of Cannae Holdings (CNNE), was granted 20,765 restricted shares on March 9, 2026. The acquisition price is reported as $0.00 (transaction code A), so the Form 4 lists $0 as the cash amount for the grant.
Key Details
- Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely filing).
- Shares granted: 20,765 restricted shares; reported acquisition price $0.00.
- Shares owned after transaction: not disclosed in the information provided on the filing excerpt.
- Footnote: Grant vests in three equal annual installments beginning March 9, 2027 (per filing).
- No sale, open-market purchase, 10b5-1 plan, tax-withholding sale, or option exercise reported in this transaction.
Context
- This was an equity award (restricted stock), not a market purchase or sale. Restricted shares typically vest over time and may be forfeitable until vested; this grant vests in three annual installments beginning one year from the grant date. The Form 4 does not report any immediate sale of the shares.