Director of Cardinal Infrastructure (CDNL) reports 2.09M indirect share-linked units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cardinal Infrastructure Group Inc. director Wood Anthony Leon Jr. filed an initial ownership report showing indirect holdings through Diamond Interests Group, LLC. That entity holds 2,093,031 shares of Class B Common Stock and an equal number of LLC Units exchangeable 1-to-1 into Class A Common Stock with no expiration.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wood Anthony Leon Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | LLC Units | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
LLC Units — 2,093,031 shares (Indirect, By Diamond Interests Group, LLC);
Class B Common Stock — 2,093,031 shares (Indirect, By Diamond Interests Group, LLC)
Footnotes (1)
- Consists of 2,093,031 shares of Class B Common Stock of Cardinal Infrastructure Group Inc. held by Diamond Interests Group, LLC. The Reporting Person is a member and 50% owner of Diamond Interests Group, LLC. The membership units of Cardinal Civil Contracting Holdings LLC (the "LLC Units") may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The LLC Units have no expiration date.
Key Figures
Indirect Class B shares: 2,093,031 shares
Underlying Class A shares: 2,093,031 shares
Exercise price of LLC Units: $0.0000 per unit
+1 more
4 metrics
Indirect Class B shares
2,093,031 shares
Held by Diamond Interests Group, LLC as of Form 3
Underlying Class A shares
2,093,031 shares
Underlying shares for LLC Units on a 1-to-1 basis
Exercise price of LLC Units
$0.0000 per unit
Redemption of LLC Units into Class A Common Stock
LLC ownership stake
50% interest
Wood Anthony Leon Jr. ownership in Diamond Interests Group, LLC
Key Terms
Class B Common Stock, LLC Units, 1-to-1 basis, indirect ownership
4 terms
Class B Common Stock financial
"Consists of 2,093,031 shares of Class B Common Stock of Cardinal Infrastructure Group Inc."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
LLC Units financial
"The membership units of Cardinal Civil Contracting Holdings LLC (the "LLC Units") may be redeemed"
1-to-1 basis financial
"may be redeemed ... for shares of Class A Common Stock on a 1-to-1 basis"
indirect ownership financial
"held by Diamond Interests Group, LLC. The Reporting Person is a member and 50% owner"