secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cannae Holdings, Inc. (CNNE)
CIK:        0001704720
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0001704720-25-000020
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cannae amends CEO Foley pact with $19.50 share floor; directors' unvested awards vest if not reelected
--------------------------------------------------------------------------------

- New employment agreement for EVP & CLO Sadowski: three-year term, $30k min salary, bonus and equity eligible.
- Amended CEO Foley pact: on Good Reason termination, Cannae buys 50% of his shares at higher of $19.50 or 120% of closing price.
- Directors' unvested restricted stock and equity awards vest immediately if not reelected by shareholders.
- Changes approved March 14-17, 2025; Foley amendment effective March 17, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1704720/000170472025000020/0001704720-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1704720/000170472025000020/cnne-20250314.htm
  HTML page:      https://secwatch.observer/filing/0001704720-25-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer