---
schema_version: "secwatch.filing_event.v1"
accession: "0001704720-25-000226"
form_type: "8-K"
ticker: "CNNE"
cik: "0001704720"
company_name: "Cannae Holdings, Inc."
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:04:39.854420+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CNNE shareholders reject say-on-pay, elect two activist nominees; board declassification approved

## Summary
- Say-on-pay rejected: 23,109,186 votes against vs 21,467,005 for (51.8% against).
- Board: two management nominees (Moullet, Stallings) and two Carronade nominees (Aboelnaga, Schaible) elected; Meinhardt and Willey not elected.
- Board declassification approved: 44,322,070 votes for (99.3%); transition to annual elections by 2028.
- Shareholder proposal to hire investment banker rejected (30.1M against, 14.1M for).
- Grant Thornton ratified as auditor with 43.2M votes for (97.8% of votes cast).

## SEC filing metadata
- accession: 0001704720-25-000226
- form_type: 8-K
- ticker: CNNE
- cik: 0001704720
- company_name: Cannae Holdings, Inc.
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704720/000170472025000226/0001704720-25-000226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704720/000170472025000226/cnne-20251212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704720-25-000226
- JSON: https://secwatch.observer/filing/0001704720-25-000226.json
- Plain text: https://secwatch.observer/filing/0001704720-25-000226.txt

## Key facts
- Governance Changes
  Cannae Holdings, Inc.: Adopted Amended and Restated Bylaws to reflect declassification of the Board of Directors (effective 2025-12-12).
  - Change: bylaw amendment
  - Effective: 2025-12-12
  source text: The Board of Directors previously approved the adoption of Amended and Restated Bylaws (the "Amended Bylaws") to reflect the Declassification, subject to shareholder approval of the Declassification.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1704720/000170472025000226/0001704720-25-000226-index.htm
- Governance Changes
  Cannae Holdings, Inc.: Amended Articles of Incorporation to declassify the Board of Directors, transitioning to annual election of all directors by 2028 (effective 2025-12-15).
  - Change: charter amendment
  - Effective: 2025-12-15
  source text: On December 15, 2025, the Company filed Amended and Restated Articles of Incorporation (the "Amended Charter") with the Nevada Secretary of State to effect the Declassification.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1704720/000170472025000226/0001704720-25-000226-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.