Caswell Ryan R. 4

What Happened

• Ryan R. Caswell, Chief Executive Officer of Cannae Holdings, was granted 150,000 restricted stock units (RSUs) on March 9, 2026. The filing reports an acquisition code "A" with a grant price of $0.00 (no cash paid at grant). Each RSU represents a contingent right to one share, includes pass-through voting rights and rights to any dividends declared during the vesting period, and is payable upon vesting.

Key Details

• Transaction date: March 9, 2026. Filing date: March 11, 2026 (appears filed within the standard Section 16 two-business‑day window).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 150,000 RSUs; grant price reported as $0.00.
• Vesting: RSUs vest in three equal annual installments beginning March 9, 2027 (per footnote).
• Shares owned after the transaction: Not specified in the details provided.
• Footnotes: F1 explains each RSU converts to one share on vesting and carries pass-through voting and dividend rights; F2 specifies the three-year annual vesting schedule.
• No indication of a 10b5-1 plan, tax withholding share surrender, or late filing in the provided information.

Context

• This was a compensatory equity award, not an open-market purchase or sale. Awards like RSUs are common executive compensation and do not require an immediate cash outlay; they become actual shares only as they vest. For investors, grants indicate company compensation decisions but are not direct buy/sell signals by the insider.