SADOWSKI PETER T 4

What Happened
Peter T. Sadowski, EVP and Chief Legal Officer of Cannae Holdings, sold 157 shares on April 8, 2026. The shares were disposed at $12.25 each for a total of $1,923.25 (reported as $1,923). This was a sale (not a purchase), typically a routine disposition rather than a bullish insider buy.

Key Details

• Transaction date and price: April 8, 2026 — 157 shares at $12.25 per share (total $1,923.25).
• Transaction type: Reported as an open-market or private sale (Form 4 code "S").
• Shares owned after transaction: Not reported in the provided filing excerpt.
• 10b5-1 / plan notes: No 10b5-1 plan or tax-withholding footnotes indicated in the provided information.
• Filing timeliness: Form filed Apr 28, 2026 for a Apr 8 transaction — appears to be filed late (Form 4s are generally due within two business days of the transaction).

Context
Small-dollar insider sales like this ($~1.9K) are often routine (e.g., for diversification or personal liquidity) and don’t by themselves indicate a change in insider sentiment. For clearer signals, watch for patterns of repeated buys or large sales, or accompanying disclosures (e.g., 10b5-1 plans).