Cannae Holdings Inc.
07/16/2026 | Press release | Distributed by Public on 07/16/2026 15:01
Management Change/Compensation (Form 8-K)
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 15, 2026, Cannae Holdings, Inc. ("Cannae" or the "Company") closed on the previously announced sale of its interest in Brasada Ranch to a company owned by William P. Foley, II ("Mr. Foley"). In connection therewith, the Company entered into a letter agreement (the "Letter Agreement") with Mr. Foley dated July 15, 2026 that amends that certain Director Services Agreement by and between the Company and Mr. Foley dated May 12, 2025 (the "DSA") to delete in its entirety Section 11(a) of the DSA, which permitted Mr. Foley to sell 50% of his shares of common stock of the Company back to Cannae for certain defined prices therein.
The foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Letter Agreement, which is attached as exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
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