Cardinal Infrastructure Group director buys 34K shares
Cardinal Infrastructure Group Inc. director Lee Richard Melvin Jr. reported open-market purchases of Class A Common Stock on August 14, 2026.
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Form Type
4
Rhea-AI Filing Summary
Cardinal Infrastructure Group Inc. director Lee Richard Melvin Jr. reported open-market purchases of Class A Common Stock on August 14, 2026. He bought 27,000 shares at a weighted average price of $36.59 and 7,000 shares at a weighted average price of $37.73, totaling 34,000 shares.
Each reported price is a weighted average for multiple trades within disclosed intraday price ranges.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 34,000 shares
Net Buy
2 txns
Insider
Lee Richard Melvin Jr.
Role
Director
Bought
34,000 shs ($1.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1 | 27,000 | $36.59 | $988K |
| Purchase | Class A Common Stock F2 | 7,000 | $37.73 | $264K |
Holdings After Transaction:
Class A Common Stock — 68,254 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $36.26 to $37.22, inclusive. The reporting person hereby undertakes to provide to Cardinal Infrastructure Group Inc., any security holder of Cardinal Infrastructure Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) of this Form 4.
- F2. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $37.51 to $37.74, inclusive. The reporting person hereby undertakes to provide to Cardinal Infrastructure Group Inc., any security holder of Cardinal Infrastructure Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) of this Form 4
Key Figures
Shares purchased (block 1): 27,000 shares
Price per share (block 1): $36.59
Shares purchased (block 2): 7,000 shares
+2 more
5 metrics
Shares purchased (block 1)
27,000 shares
Class A Common Stock purchased on August 14, 2026 at weighted average price
Price per share (block 1)
$36.59
Weighted average price; individual trades ranged from $36.26 to $37.22
Shares purchased (block 2)
7,000 shares
Class A Common Stock purchased on August 14, 2026 at weighted average price
Price per share (block 2)
$37.73
Weighted average price; individual trades ranged from $37.51 to $37.74
Total shares purchased
34,000 shares
Sum of reported open-market purchases on August 14, 2026
Key Terms
weighted average price, open market or private transaction, Class A Common Stock
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Purchase in open market or private transaction"
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions were reported for CDNL on August 14, 2026?
On August 14, 2026, director Lee Richard Melvin Jr. reported two open-market purchases of Cardinal Infrastructure Group Inc. Class A Common Stock, acquiring a total of 34,000 shares across multiple trades at weighted average prices of $36.59 and $37.73 per share.
Were the August 14, 2026 CDNL insider transactions under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox was not affirmed for these trades. The transactions are reported as open-market or private purchases, with no specific reference to a pre-arranged trading plan in the described data.
What type of security did the CDNL insider purchase on August 14, 2026?
The insider purchased Class A Common Stock of Cardinal Infrastructure Group Inc. (CDNL). Two non-derivative transactions were reported, both classified as open-market or private purchases, totaling 34,000 shares across multiple executions within specified price ranges.
AI-generated analysis. How Rhea-AI works. Not financial advice.
