Coy Bryan D. 4
Research Summary
AI-generated summary
Cannae (CNNE) CFO Bryan D. Coy Withholds 4,245 Shares for Taxes
What Happened
- Bryan D. Coy, Chief Financial Officer of Cannae Holdings (CNNE), had 4,245 shares disposed on 2026-03-13 as payment of tax liability (transaction code F). The withholding was at $11.51 per share, for a total value of $48,860. This was a tax-withholding/net settlement, not an open-market sale.
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-16.
- Price: $11.51 per share; Shares withheld/disposed: 4,245; Total value: $48,860.
- Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No late-filing flag is indicated in the supplied data.
Context
- Code F typically means shares were retained/withheld to satisfy tax withholding obligations associated with an option exercise or equity award (a common administrative action). This is routine and differs from an open-market sale — it generally should not be interpreted as a directional bet on the stock.