Executive Chairman Foley sells 2,500,000 shares of DNB at $9.09 for $22,725,000, reducing stake by 44.6%.
William P Foley II, Executive Chairman, sold 2,500,000 shares (2.50M shares) at $9.09 on 2025-08-14, reducing his post-transaction holdings to 3,109,644 shares (3.11M shares) from 5,609,644 shares (5.61M shares)—a 44.6% reduction. The sale occurs while DNB trades at $9.10, down 28.6% from its 52-week high of $12.75, and in the context of the company posting negative net income of $-33,700,000.00 for the latest quarter despite $585,200,000.00 in quarterly revenue. Foley's cross-ticker track record shows 5 prior sales with an average 90-day return of -7.0% and a 40.00% well-timed rate; however, his prior three sales at DNB specifically (2025-05-02, 2025-03-25, 2023-05-10) were not well-timed at the 90-day mark—all three resulted in positive returns, meaning the stock rose after he sold. This large single transaction, while reducing concentration risk, does not align with a pattern of well-timed exits at this ticker and occurs during a period of operational losses.