CDNL · Insider Trading

Cardinal Infrastructure Group Inc. Class A Common Stock

Every open-market purchase and sale reported by CDNL officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
24
most recent
Open-Market Buys
13
code P
Sales
0
code S
Reporting Insiders
10
current holders
CDNL — Recent Form 4 Transactions (latest 2026-08-18)
FiledInsiderRole TypeSharesValue
2026-08-18 Richard Bennett Wimmer Director Buy +7,500 +$293.48K
2026-08-17 Ivy Zelman Director Buy +12,647 +$500.95K
2026-08-17 Benjamin Wood Chief Operating Officer Buy +25,700 +$1.01M
2026-08-17 Jeremy Simmons Spivey Chief Executive Officer Buy +83,350 +$3.20M
2026-08-17 Michael Bruce Rowe Jr. Chief Financial Officer Buy +7,000 +$255.71K
2026-08-17 Anthony Leon Wood Jr. Director Buy +51,400 +$2.02M
2026-08-17 Richard Melvin Lee Jr. Director Buy +34,000 +$1.25M
2026-06-09 Richard Bennett Wimmer Director A +2,023 —
2026-06-09 Ivy Zelman Director A +1,817 —
2026-06-09 Richard Melvin Lee Jr. Director A +1,941 —
2026-06-09 Austin J Shanfelter Director A +1,941 —
2026-05-29 Benjamin Wood CHIEF OPERATING OFFICER Buy +20,000 +$1.03M
2026-05-11 Austin J Shanfelter Director A +3,101 +$74.98K
2026-05-11 Richard Bennett Wimmer Director A +3,101 +$74.98K
2026-05-11 Richard Melvin Lee Jr. Director A +3,101 +$74.98K
2026-05-11 Ivy Zelman Director A +3,101 +$74.98K
2026-03-27 Ivy Zelman Director Buy +6,921 +$251.44K
2025-12-11 Richard Melvin Lee Jr. Director Buy +22,725 +$477.23K
2025-12-11 Ivy Zelman Director Buy +2,275 +$47.77K
2025-12-11 Tiffany Leann Gidley General Counsel and Secretary Buy +6,000 +$126.00K
2025-12-11 Richard Bennett Wimmer Director Buy +10,000 +$210.00K
2025-12-11 Michael Bruce Rowe Jr. Chief Financial Officer MIXED +2,038,003 —
2025-12-11 Jeremy Simmons Spivey Chief Executive Officer MIXED +12,229,848 —
2025-12-11 Erik Daniel West See Remarks MIXED +6,114,009 —
CDNL — Current Insider Holders
InsiderRole Shares HeldValue
Erik Daniel West See Remarks 8,097,937 $118.55M
Jeremy Simmons Spivey Chief Executive Officer 2,122,683 $31.08M
Michael Bruce Rowe Jr. Chief Financial Officer 210,617 $3.08M
Richard Melvin Lee Jr. Director 61,254 $896.76K
Anthony Leon Wood Jr. Director 51,400 $752.50K
Benjamin Wood Chief Operating Officer 33,627 $492.30K
Ivy Zelman Director 32,891 $481.52K
Richard Bennett Wimmer Director 29,349 $429.67K
Austin J Shanfelter Director 11,529 $168.78K
Tiffany Leann Gidley General Counsel and Secretary 6,000 $87.84K
CDNL Insider Trading FAQ
Who are the insiders at CDNL?
10 officers, directors and 10%+ beneficial owners currently report holdings in CDNL via SEC Form 4.
Are CDNL insiders buying or selling?
Across the 24 most recent Form 4 filings for CDNL, 13 were open-market purchases (code P) and 0 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is CDNL insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent CDNL filing is dated 2026-08-18.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the CDNL quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.