Cardinal Infrastructure Group Inc. Class A (CDNL) insider buying and selling

NASDAQ: CDNL · Source: SEC Form 4 filings · Latest trade reported

In the last 90 days at Cardinal Infrastructure Group Inc. Class A (CDNL), 7 insiders made 13 open-market purchases worth $8.5M and there were no open-market sales, as reported on SEC Form 4. Over the last 12 months, 7 insiders bought $9.8M of the stock, led by Jeremy Simmons Spivey (CEO), who bought $3.2M on Aug 14, 2026.

Insider buys, 90 days
13
$8.5M · 7 insiders
Insider sales, 90 days
0
$0 · 0 insiders
Insider buys, 12 months
19
$9.8M · 7 insiders
Insider sales, 12 months
0
$0 · 0 insiders

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Recent open-market insider trades

Trades by the same insider within a week are shown as one line.

Open-market insider trades at Cardinal Infrastructure Group Inc. Class A
DateInsiderTypeSharesPriceValue
Richard Bennett Wimmer
Director
Open market purchase7,500$39.13$293K
Jeremy Simmons Spivey
CEO
Open market purchase
4 trades
83,350avg. $38.41$3.2M
Anthony Leon Wood Jr.
Director
Open market purchase
2 trades
51,400avg. $39.36$2.0M
Richard Melvin Lee Jr.
Director
Open market purchase
2 trades
34,000avg. $36.82$1.3M
Benjamin Wood
COO
Open market purchase
2 trades
25,700avg. $39.48$1.0M
Ivy Zelman
Director
Open market purchase12,647$39.61$501K
Michael Bruce Rowe Jr.
CFO
Open market purchase7,000$36.53$256K
Benjamin Wood
COO
Open market purchase
5 trades
20,000avg. $51.30$1.0M
Ivy Zelman
Director
Open market purchase6,921$36.33$251K

What the CDNL insider trades really mean

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Questions about CDNL insider trading

Who bought Cardinal Infrastructure Group Inc. Class A (CDNL) stock recently?

Insiders who bought Cardinal Infrastructure Group Inc. Class A stock on the open market in the last 12 months: Jeremy Simmons Spivey ($3.2M), Benjamin Wood ($2.0M), Anthony Leon Wood Jr. ($2.0M), Richard Melvin Lee Jr. ($1.3M). The most recent purchase was reported on Aug 17, 2026.

Are insiders buying or selling CDNL?

Over the last 12 months insiders were net buyers of CDNL on discretionary trades: $9.8M bought against $0 sold (scheduled and tax-related sales excluded).

What is a sell-to-cover or 10b5-1 sale?

A 10b5-1 sale is scheduled in advance under a pre-arranged plan, and a sell-to-cover sale is made to pay tax on vesting shares. Neither is a fresh decision to sell, so they say less about an insider's view than a discretionary sale.

Where does this data come from?

Officers, directors and large shareholders report their trades to the SEC on Form 4. This page lists the open-market purchases and sales by individual insiders from those public filings; funds and other institutions are not shown.

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How to read this page

Officers, directors and large shareholders must report their trades in company shares to the SEC on Form 4. This page lists open-market purchases and sales by individual insiders: trades made on the stock exchange at the going price. Funds and other institutions are not shown here.

Information from SEC EDGAR Form 4 filings, shown for general information only. It is not financial advice and does not recommend buying or selling any security. Trades are shown by transaction date and may be reported up to two business days later.