Schaible Cherie L 4
Research Summary
AI-generated summary
Cannae (CNNE) Director Cherie L. Schaible Receives 2,171-Share Award
What Happened
Cherie L. Schaible, a director of Cannae Holdings, received an award of 2,171 shares on 2026-06-30. The shares were valued at $14.40 each for a total grant value of $31,262. This was an acquisition/award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-30; reported on Form 4 filed 2026-07-01 (timely filing).
- Price per share: $14.40; total reported value: $31,262.
- Shares involved: 2,171 shares granted (acquired).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 — Shares obtained under the Director Retainer Election Program.
- Transaction type: Award/Grant (code A); acquisition recorded, not a sale.
Context
This grant appears to be part of routine director compensation (retainer election program) rather than a market purchase or sale. Such awards compensate board service and do not necessarily signal the insider’s view on the company’s near‑term prospects. The dollar amount is relatively modest for an outside director grant.